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11 FEBRUARY 2012

 
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No Money Worries For Mayweather Jnr Insists Ellerbe


Floyd Mayweather Jnr has no money worries according to his manager Leonard Ellerbe. Reports on the internet state the former undefeated pound for pound king has debts of around $6.4 million.

The Associated Press has reported that public records show Mayweather Jnr owes the IRS $6.1 million in unpaid taxes dating back to 2007, $193,000 in states taxes in New Jersey and around $9,400 to three homeowners associations.

But Ellerbe insists the former five weight world champ is not in debt with the IRS. "Floyd Mayweather does not have a problem with the IRS," Ellerbe told the Associated Press. "He doesn’t owe the IRS $6.1 million, I don’t care what a lien says.

"When you have a problem with them, you ain’t hard to find - ask Wesley Snipes. You go to jail, they come take your (stuff). He doesn’t have a problem."

"(Mayweather) is free to move and do anything and everything he wants to do with no problems at all. None whatsoever."

July 3, 2009



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