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Floyd Mayweather Jr. files a $340 million lawsuit against Showtime

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Vital update – February 7, 2026: Former president of Showtime Sports Stephen Espinoza responded to allegations contained in Floyd Mayweather Jr.’s $340 million lawsuit.

In a February 7 podcast interview on YouTube Compass in rhythmEspinoza expressed surprise and disappointment, defending his integrity:

“I’m proud of my reputation. It’s a reputation for integrity… and I’ve never done anything to hurt a player and change him in a miniature period of time.”

“I’m definitely disappointed and surprised, I haven’t talked to Floyd about it and in many ways it’s a secret.”

“The lawsuit will resolve itself.”

Source:
Interview with Compas On The Beat on YouTube – February 7, 2026

Espinoza declined to comment further, postponing the legal process. Showtime Networks has not provided any formal response.


Retired boxing legend Floyd Mayweather Jr. filed a 25-page lawsuit regarding February 4, 2026 (some reports cite February 3), in Los Angeles County Superior Court v Showtime Networks Inc. and former sports president Stephen Espinoza. The lawsuit accuses them of aiding and abetting a decades-long fraud organized by Mayweather’s former adviser. Al Haymon — who is not named as a defendant, reportedly for personal reasons.

At least that’s what Mayweather says $340 million fighting earnings were embezzled, some over $1.2 billion overall in professional portfolios.

Basic Misconduct Claims

The complaint describes A More than 15 years of ‘sophisticated financial fraud scheme’ including:

  • Hidden accounts and unauthorized redirects — Showtime sent earnings to third-party accounts controlled by Haymon and associates (including Jeff Morris) rather than directly to Mayweather. Funds were then allegedly diverted using false labels such as “reimbursements,” “loan repayment” or “expenses” to Haymon.
  • Using a slush fund — Unrelated expenses financed with big-ticket fight money, including a $20 million “reimbursement” falsely linked to the 2015 Andre Berto fight.

Hiding and changing records

Alleged attempts to hide the program include:

  • Showing Mayweather only selected documents.
  • Changing contract dates (e.g., erasing and rewriting, with notes such as “We need to discuss our a-“).
  • Claims documentation was destroyed during the 2023 floods.
  • Refusal to provide full financial documentation in 2024, citing limitation or unavailability.

Examples of incorrect payments

  • Immense transfers (up to $15 million) unrelated to fight dates.
  • Many years of delays in payments (e.g. the fight with Pacquiao).
  • Using blockbuster earnings for non-combat expenses.

Showtime and Stephen Espinoza’s role

Showtime and Espinoza allegedly:

  • Red flags ignored when hundreds of millions were transferred by third parties.
  • Redirections made simple.
  • He helped hide himself by withholding documentation.

Espinoza, who negotiated Mayweather’s six-fight contract in 2012, is accused of “substantial assistance.” The lawsuit claims that Showtime “effectively delivered the money owed to Floyd directly into Haymon’s hands.”

It’s about fights and earnings

The allegations focus on Mayweather’s era on Showtime, specifically his last seven fights, including:

  • Canelo Alvarez
  • Manny Pacquiao (purse worth approximately $220 million)
  • Conor McGregor
  • Others under a six-fight deal from 2012 to 2015

Reasons for action and aid sought

Claims include:

  • Fraud
  • Aiding and abetting breach of fiduciary duty
  • Civil conspiracy
  • Conversion

Mayweather is looking for:

  • $340 million compensatory damages
  • Additional compensation for lost opportunities
  • Punitive damages
  • Forensic accounting costs
  • Legal fees

A jury trial is requested.

Current status

The case is at an early stage. No public reaction from Showtime or Espinoza beyond the podcast comments.

Sources:

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Keith Thurman Analyzes Devin Haneys Chances Against Shakur Stevenson in 145lb Catchweight Fight

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"Keith Thurman Analyzes Devin Haney's Chances Against Shakur Stevenson in 145lb Catchweight Fight"

Keith Thurman has questioned the gumption of one man as he considers who would emerge triumphant between Shakur Stevenson and Devin Haney.

The two pound-for-pound stars are in deep negotiations, with November 28 and Atlanta having been proposed as the respective date and location for their showdown.

Or at least, this was according to Devin’s father and trainer, Bill Haney, who expressed confidence that their all-American fight would become a reality.

Since those details were suggested, however, it has been reported that a money-related hurdle could cause their contest to take place at a later date.

As for the matchup itself, many would give the edge to Stevenson based on his wide unanimous decision victory over Teofimo Lopez in January.

Back then, the 29-year-old became a four-division world champion and could soon compete at a higher weight, with Haney having seemingly agreed to meet at 145lbs.

As the naturally bigger man, ‘The Dream’ comes off a unanimous decision victory over Brian Norman Jr, who he dethroned for the WBO world welterweight title in November.

But despite Haney’s size advantage, former world champion Thurman has told FightHype that he is not convinced by the 27-year-old’s ability to dog it out in the trenches.

“[It’s] not even just the defence [of Stevenson, but also] the speed. Speed kills.

“I favour Shakur in that matchup, because I’ve never seen one ounce of dog [in Haney]and I don’t know if a non-dog will be able to beat a Shakur.”

Given that he survived three knockdowns against Ryan Garcia, and overcame a late scare in his 2021 encounter with Jorge Linares, you could argue that there is, in fact, sufficient evidence to reflect Haney’s resolve.

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Fabio Wardley Shows Signs of Fatigue Ahead of Daniel Dubois Rematch

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"Fabio Wardley Shows Signs of Fatigue Ahead of Daniel Dubois Rematch"

Fabio Wardley looked like a fighter who could use some quiet time before facing Daniel Dubois again on Saturday. The lines beneath his eyes and weary appearance at Thursday’s final press conference offered an uneasy contrast to the relaxed, cheerful champion.

Appearances can mislead, but Wardley looked tired with two days remaining before their WBO heavyweight title rematch at London’s O2 Arena. Whether that reflects a hard camp, a busy promotional schedule, or simply an unflattering afternoon is unclear. It could be a toxic mixture of all three, but the media burden combined with Dubois offering zero promotional support is the real silent killer here.

Dubois is notorious for giving the press nothing. He sits there with a vacant stare, muttering three-word clichés about being focused and letting his fists do the talking. That leaves Wardley stuck playing the role of promoter, entertainer, and salesman all by himself.

When a headline fighter has to drag a pay-per-view across the finish line alone, it means endless media scrums, radio hits, digital sitdowns, and relentless sponsor obligations. That kind of talking tour drains nervous energy just as fast as hard sparring, especially during fight week when a fighter ought to be lying in bed with his feet up.

Dubois gets to coast into the arena fresh because he does not care about trying to pump up the fight, does not waste a single calorie trying to be charismatic, and holds the belt. Wardley took on the workload of two men outside the ropes while grinding himself down inside the gym, and his face on Thursday showed the exact toll of burning the candle at both ends.

“Yeah, surprisingly I feel great,” Wardley said, mouthing words that didn’t match his worn physical appearance.

He also described losing his unbeaten record as lifting some pressure, explaining that returning as the underdog felt like familiar territory. His words suggested comfort. His appearance invited questions about how much energy he has left after preparing to face the man who stopped him.

Dubois’s representative, Riz Khan, added to those questions by suggesting Wardley had returned too quickly.

“We know Fabio is not fully healed from his injuries,” Khan claimed, before qualifying that statement: “That’s my personal opinion.”

Khan offered no medical evidence. Still, his comments put recovery into the discussion at a time when Wardley needs to arrive fresh enough to make his proposed tactical changes work.

Wardley acknowledged becoming overconfident in his right hand during their first meeting. He wants better pacing and a more controlled approach rather than expecting one punch to finish Dubois.

That requires discipline when the punches start landing. If Wardley is carrying fatigue into Saturday, maintaining that control could become harder once Dubois makes him work.

Dubois, meanwhile, described himself as “feeling stronger” and “just grounded.” He appeared comfortable with the task ahead.

Wardley’s closing promise suggested his instinct to chase a finish remains strong.

“Once I sniff blood, he’s gone.”

He hurt Dubois before and failed to finish him. This time, Wardley must recognize his opening without spending everything trying to force it. Looking fresher on Saturday would help.

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Boxing 24/7 Wire

Boxing247.com is an independent boxing news publication covering the sport since 2001. It provides original reporting, fight analysis, schedules, results, and informed coverage of major fighters and events worldwide, backed by more than 25 years of professional boxing journalism.

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Fabio Wardley Appears Weary Ahead of Daniel Dubois Rematch

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"Fabio Wardley Appears Weary Ahead of Daniel Dubois Rematch"

Fabio Wardley looked like a fighter who could use some quiet time before facing Daniel Dubois again on Saturday. The lines beneath his eyes and weary appearance at Thursday’s final press conference offered an uneasy contrast to the relaxed, cheerful champion.

Appearances can mislead, but Wardley looked tired with two days remaining before their WBO heavyweight title rematch at London’s O2 Arena. Whether that reflects a hard camp, a busy promotional schedule, or simply an unflattering afternoon is unclear. It could be a toxic mixture of all three, but the media burden combined with Dubois offering zero promotional support is the real silent killer here.

Dubois is notorious for giving the press nothing. He sits there with a vacant stare, muttering three-word clichés about being focused and letting his fists do the talking. That leaves Wardley stuck playing the role of promoter, entertainer, and salesman all by himself.

When a headline fighter has to drag a pay-per-view across the finish line alone, it means endless media scrums, radio hits, digital sitdowns, and relentless sponsor obligations. That kind of talking tour drains nervous energy just as fast as hard sparring, especially during fight week when a fighter ought to be lying in bed with his feet up.

Dubois gets to coast into the arena fresh because he does not care about trying to pump up the fight, does not waste a single calorie trying to be charismatic, and holds the belt. Wardley took on the workload of two men outside the ropes while grinding himself down inside the gym, and his face on Thursday showed the exact toll of burning the candle at both ends.

“Yeah, surprisingly I feel great,” Wardley said, mouthing words that didn’t match his worn physical appearance.

He also described losing his unbeaten record as lifting some pressure, explaining that returning as the underdog felt like familiar territory. His words suggested comfort. His appearance invited questions about how much energy he has left after preparing to face the man who stopped him.

Dubois’s representative, Riz Khan, added to those questions by suggesting Wardley had returned too quickly.

“We know Fabio is not fully healed from his injuries,” Khan claimed, before qualifying that statement: “That’s my personal opinion.”

Khan offered no medical evidence. Still, his comments put recovery into the discussion at a time when Wardley needs to arrive fresh enough to make his proposed tactical changes work.

Wardley acknowledged becoming overconfident in his right hand during their first meeting. He wants better pacing and a more controlled approach rather than expecting one punch to finish Dubois.

That requires discipline when the punches start landing. If Wardley is carrying fatigue into Saturday, maintaining that control could become harder once Dubois makes him work.

Dubois, meanwhile, described himself as “feeling stronger” and “just grounded.” He appeared comfortable with the task ahead.

Wardley’s closing promise suggested his instinct to chase a finish remains strong.

“Once I sniff blood, he’s gone.”

He hurt Dubois before and failed to finish him. This time, Wardley must recognize his opening without spending everything trying to force it. Looking fresher on Saturday would help.

Share this article

About the author

Boxing 24/7 Wire

Boxing247.com is an independent boxing news publication covering the sport since 2001. It provides original reporting, fight analysis, schedules, results, and informed coverage of major fighters and events worldwide, backed by more than 25 years of professional boxing journalism.

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