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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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Ryan Garcia wants to train with Naoya Inoue in Tokyo and broadcast it live

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Image: Ryan Garcia Wants To Train With Naoya Inoue In Tokyo And Stream It

The proposed sessions would bring together two world champions from different weight categories. Ryan currently holds the WBC welterweight title and Inoue is the undisputed junior featherweight champion.

A notable part of Ryan’s post was his willingness to stream workouts.

One of the things Ryan mentioned in his X post was his desire to stream workouts. Ryan didn’t say whether he would bring the idea to Naoya to see if he agreed with it or not, nor did he give a date when he would train with the Japanese star.

At this stage, Ryan’s comments appear to reflect purpose rather than final findings. Although he has publicly outlined the plan, Inoue has not announced any potential training session.

If training takes place, they will bring together champions separated by more than 20 pounds in weight. Ryan is fighting in the welterweight division, and Inoue is building his championship streak in the junior featherweight division.

The idea remains one Ryan hopes to implement during his visit to Tokyo, with the added possibility of giving fans a glimpse of the session via livestream.

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Tyson Fury ‘very interested’ in fighting ‘one of the most avoided heavyweights’: ‘Let’s do it’

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Tyson Fury ‘very interested’ in facing ‘one of the most avoided heavyweights’: “Let’s make it happen”

Tyson Fury is set to take part in the long-awaited clash with Anthony Joshua, but first he needs a warm-up. Now another challenger has been added to the fight, and Fury is “very interested” in the proposed fight.

The long-awaited clash between Fury and Joshua has finally been signed and will take place pending success in their tune-up fights. While Joshua is scheduled to face Kristian Prenga next month, Fury remains without an opponent for his August outing.

Promoter Frank Warren promised a “good” opponent but he recently ruled out the possibility of the “Gypsy King” facing Joshua’s former defeater Andy Ruiz Jr., who is believed to have priced himself out of the fight.

I’m talking to Play UKJoshua’s other rival, Jarrell Miller, has revealed that Fury is “very interested” in fighting him as he discusses a potential all-American clash with Deontay Wilder.

“I’ve been one of the most avoided heavyweights for a long time. We’re seeing it now. We’re trying to get Deontay Wilder out there. There’s no fight in front of him. I’m the top heavyweight in America right now, so we’re trying to make certain things happen. Let’s see if he can take control.”

“Tyson Fury is also very interested. I would love to fight these guys. Deontay or Tyson would be a wonderful fight for me. Let’s see if we can make it happen.”

Fury’s manager, Spencer Brown, recently confirmed both fighters’ desire to make the fight happen, but said Miller would likely not be able to complete a full training camp on time.

The American has already scored two victories in 2026, defeating both Kingsley Ibeh and Lenier Pero, and the 37-year-old hopes those triumphs will earn him another chance on the huge stage.

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Zuffa Boxing Dublin card confirmed for August 8 at 3Arena

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Zuffa Boxing has announced that its first event in Ireland, branded Zuffa Boxing 10, will take place on Saturday, August 8 at the 3Arena in Dublin. Organizers of the promotion, headed by Dana White, said details about the main event, joint performance and ticket sales will be announced soon.

According to the promotion, the card will be broadcast on Sky Sports in the UK and Ireland and streamed on Paramount+ in the US and Canada. Its broadcasts in the UK and Ireland are covered by a long-term contract with Sky Sports announced in March.

The expected headliner of the Cork middleweight gala will be Callum Walsh (16-0, 11 KO). according to 42 and Irish boxing, although Zuffa has not confirmed this card. Walsh won Zuffa Boxing’s debut event on January 23 in Las Vegas with a unanimous decision over Carlos Ocampo and has not fought since. The Cobh native, trained by Freddie Roach, fought mainly in the United States, but once boxed in Dublin, headlining the 3Arena gala after his victory over Przemysław Runowski.

The 42 reports that Monaghan’s Aaron McKenna (20-0, 10 KO) is set to be the main support for an IBF middleweight world title fight against Italian Etinosa Oliha (22-0, 10 KO). Both pairs are expected to fight for the vacant belt that became available after Janibek Alimkhanuly was stripped of his belt following a failed anti-doping test. McKenna is third in the IBF rankings and Oliha is second.

Dublin will be Zuffa Boxing’s second card outside the United States. The first event, Zuffa Boxing 07, will take place this Saturday at the Bournemouth International Center in England, where former world cruiserweight champion Chris Billam-Smith will face Ryan Rozicki in a 10-round cruiserweight main event.

The August 8 date means the Dublin gala will take place a week after Queensberry Promotions’ show at the same venue, headlined by Pierce O’Leary against Mark Chamberlain, with Tyson Fury scheduled to appear.

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