November 21st 2023.
Boxer Floyd ‘Money’ Mayweather thought he had found the house of his dreams when he looked at a 35,000-square-foot, 12-bedroom, 17-bath super mansion tucked high in the hills of Bel-Air, allegedly close to a property owned by Jay-Z and Beyonce.
The property was not only stunning but also had a hefty price tag of $139 million. After seeing the property, Mayweather quickly agreed to purchase it from retired emergency room doctor Joseph Englanoff.
However, the undefeated boxer soon began to suspect something was amiss. The mansion included a scalable rock wall in the gym, a vodka tasting room, a 44-foot chandelier at its center, a 6,000-square foot nightclub with a crystal-embedded wall, a ventilated cigar humidor, a temperature-regulated wine room, movie theater with custom leather seats, and a pool complete with hydraulic screens. Mayweather viewed the property in 2021 courtesy of its developer, Englanoff, who named it “La Fin,” French for “The End”.
Mayweather's lawyers quickly realized their client could become an unwitting participant in a possible tax scheme if he went through with the sale. Upon further investigation, it seemed Englanoff wanted to be contracted as a paid consultant in addition to avoiding paying his income taxes for years in California by setting up a Nevada residence.
“After careful consideration of various aspects of this transaction, including due diligence, we advise our client not to proceed with this seller,” Rockard “Rocky” Delgadillo told LA Magazine. Mayweather was forced to let the property go, as he was unwilling to cheat the system for the home.
Despite the setback, Mayweather won 15 titles, which spanned 21 years, finishing with a 50-0-1 record. He was inducted into the 2021 International Boxing Hall of Fame class along with Wladimir Klitschko and Andre Ward. He is now looking to get a team in the NBA.
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