February 10th 2024.
In a recent Instagram post on Feb. 8, Floyd Mayweather casually revealed that he had paid a whopping $18 million in taxes to the IRS. Reflecting on his successful career as a boxer, Mayweather admitted that he had earned hundreds of millions of dollars during his peak years, mainly from high-profile fights with Manny Pacquiao and Conor McGregor. This meant that his tax obligations back then far exceeded what he currently pays.
Aside from his tax disclosures, Mayweather also made headlines for his extravagant plans for the upcoming Super Bowl weekend in Las Vegas. The undefeated 50-time professional boxing champion, who currently resides in the city, took to social media to share that he had splurged $1.1 million to treat 34 of his closest friends to a luxurious Super Bowl experience at the Allegiant Stadium.
Known for his lavish lifestyle, Mayweather made it clear that he didn't need to rely on anyone to secure such luxurious accommodations for the Super Bowl. "I don't kiss ass, and I never have to beg for anything, especially not for a Super Bowl suite," he boldly stated in one of his posts. He also emphasized his control over the situation, saying, "I get my own seats and suites, so I can do what I want and invite who I want! I'm blessed to be taking 34 people to experience the first Super Bowl in Las Vegas! $1,131,000.00."
Despite being retired from boxing, Mayweather continues to be a financial powerhouse, managing multiple business ventures, owning various properties, and participating in exhibition bouts all over the world. In fact, he shared that just before spending over a million dollars for the Super Bowl, he had to pay a hefty sum of $18,047,181 to the IRS, also known as Uncle Sam. The significant difference in his current tax payments compared to his active years highlights the significant financial transformation he has undergone in his post-boxing career.
Mayweather's financial disclosures give us a glimpse into the economic dynamics and business savvy of a retired sports icon. It's a reminder of the stark contrast between the financial status of a successful athlete and the average person. This post serves as a reminder that, for most of us, we are simply not in the same financial league as someone like Floyd Mayweather.
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