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Floyd Mayweather Jr. can sue Business Insider all he wants. But it does not look like the platform will stop breaking news about him. On Thursday, the media outlet uncovered another significant financial issue involving the boxing great and the IRS. Their latest report details a multi-million dollar legal roadblock the IRS has thrown in the boxer’s path, threatening one of his prized Las Vegas properties.
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According to the report, the Internal Revenue Service (IRS) has filed a $7.3 million federal tax lien against the undefeated boxer in Las Vegas, where he has property, citing unpaid taxes in 2018 and 2023. The IRS notice filed in Clark County, Nevada, on March 26, establishes the government’s legal right to claim Mayweather’s property through the lien until the boxing legend coughs up the money he owes to the government.
A federal tax lien prevents a person from pocketing any profit from the sale of a property until the IRS debt is satisfied in full. The public notice also alerts creditors that the government has a primary legal right to the person’s assets. Once paid back, the IRS releases the lien within 30 days of payment.
This isn’t the 49-year-old’s first bout with the IRS; he was previously ordered to pay $5.5 million for 2017 tax issues and settled a separate $22.2 million case related to his 2015 taxes. The recent issue comes as Floyd Mayweather has found himself surrounded by multiple lawsuits over, you guessed it, unpaid bills.
Two Miami-based jewelers have sued the boxing legend for nearly $6 million combined for unpaid jewelry. Leila and David Centner, co-owners of a luxury duplex apartment at the Baccarat Hotel and Residences in Midtown Manhattan, New York, have also filed suit against Mayweather for half a million in unpaid rent.
What’s more, last year, Business Insider conducted an investigation that revealed that Mayweather had sold off his private jet and mansions in Miami and Beverly Hills and used several residential homes and a Las Vegas strip club as collateral for the debt he owes to financier Don Hankey. Business Insider had reported that Mayweather had paid off some of the debt, including a trash bill and property taxes for his strip club.
Just last month, Floyd Mayweather Jr.’s close associate, Jona Rechnitz—who has been named a co-defendant in some of Mayweather’s lawsuits—was resentenced to five months in federal prison. The reason stems from his 2016 guilty plea in a public-corruption case.

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LAS VEGAS, NV – AUGUST 27: Floyd Mayweather speaking at the Induction Ceremony & Dinner for the 2022 Nevada Boxing Hall Of Fame at Resorts World Las Vegas in Las Vegas,Nevada, on August 27, 2022. PUBLICATIONxNOTxINxUSA Copyright: xDeeCeexCarterx
Despite his reputation as the richest boxer in the history of the sport, making over a billion through his fights, he sued his former broadcaster, Showtime, demanding $340 million, claiming it was misappropriated. Despite the allegation, Showtime, which has long since left the sport, denies the allegation, which was made in February.
Despite facing an ongoing lawsuit from Floyd Mayweather, Business Insider proceeded to file its report while continuing to fight out the suit.
Floyd Mayweather sued Business Insider for $100 million
The 49-year-old filed a $100 million defamation lawsuit against Business Insider and reporter Daniel Geiger in the Southern District of New York last year. The case stems from Geiger’s reporting on real estate deals Mayweather publicly discussed, including a proposed purchase of a 62-building Manhattan apartment portfolio.
The report claimed there was “no evidence there has been a sale,” a statement Mayweather argues is false and damaging. The lawsuit alleges Geiger engaged in a campaign of harassment and acted with “actual malice,” the legal standard required in defamation cases involving public figures.
Mayweather claims the reporting harmed his reputation and business interests, citing lost lease opportunities and financial setbacks. He is also seeking a public retraction and restrictions on further coverage. In response, Business Insider said it will vigorously defend its reporting, calling the lawsuit meritless and an attempt to discredit its journalism.
Written by
Edited by

Gokul Pillai



