Floyd Mayweather files $120m lawsuit over location change for Logan Paul exhibition
Mayweather vs Paul was due to take place in Dubai in 2021 until talks fell through...
Floyd Mayweather's promotional company, Mayweather Promotions, have launched a $120m lawsuit over failed talks for his exhibition bout with Logan Paul to take place in Dubai.
Mayweather is set to face the YouTube star in an eight-round exhibition on June 5 in Miami. The event will be shown on PPV via Showtime in the States and Sky Sports in the UK.
This is a rearranged date, as it was originally due to take place on February 20.
Even though the fight has now been signed and is due to take place next month, as revealed by TMZ, Mayweather Promotions have filed a huge lawsuit against PAC Entertainment Worldwide.
It is said that PAC pitched for Mayweather to face Paul in Dubai at some point this year. The company claimed that they had "numerous business contacts in Dubai" that would make the deal possible.
As revealed in the lawsuit, Mayweather Promotions signed the deal with PAC that guaranteed them a minimum of $110m that would be separated into different scheduled payments.
Mayweather Promotions claim that the first payment which tottled $30m was due to be paid on March 25 this year, but the money was not sent.
This news goes some way to explain why the fight had to be postponed. Mayweather Promotions also state that they were "left scrambling" to organise a new date/location for the fight until they settled on Miami in June.
Money, money, money
Aged 44, he last fought professionally against Conor McGregor in 2017. His final fight against a legitimate boxer was against Andre Berto two years before that.
Mayweather is undoubtedly one of the best boxers of all time. But his reputation continues to decline and he is making very little effort to endear himself to the fans.