Floyd Mayweather Reveals How $550 MILLION Was Stolen From Him | PBD Podcast #876

Floyd Mayweather (0:00)

Fuck what you guys think about. I'm gonna live my life the way I want to live it.

Patrick Bet-David (0:04)

This guy changed the game in his business. Pound for pound, the greatest boxer of all time. Please stand up and give it up to the one and only Floyd Mayweather.

So 550 million stolen from you?

Floyd Mayweather (0:27)

Yes, and I still live a great life.

Patrick Bet-David (0:30)

Was there anybody who was in the middle of the fight, you're like, all right, this thing is a little bit close, I better make some adjustments?

Floyd Mayweather (0:36)

No, everybody easy. I'm Mayweather, everybody's easy.

Patrick Bet-David (0:40)

Tell me if these stories are true or not, or if these are... That's unbelievable, Floyd, to say that.

Floyd Mayweather (0:45)

Yes. Wait, wait, wait, wait, wait. You mean the guy that took my whole swag and took it over there to the UFC? If nothing can humble a person, boxing can humble you. One thing everybody know when they face me, I ain't got to worry about you, you got to worry about me.

Hey, everyone. How y'all doing today? Yes.

Patrick Bet-David (1:20)

How's it feel being here?

Floyd Mayweather (1:23)

It feels great. Just to wake up and see another day is truly a blessing. So every day we wake up, we got a choice and a chance at life. I love it.

Patrick Bet-David (1:31)

But when you come here, is this like a special place? I think you are 15 and here, right? Out of your 50 fights, 15 of them were here.

Floyd Mayweather (1:39)

In this arena right here, I believe, I'm not mistaken, 15 and

Patrick Bet-David (1:43)

15 and

Floyd Mayweather (1:44)

Yes.

Patrick Bet-David (1:45)

Some of the biggest fights ever were here. You and Pacquiao, you and Oscar, you and I think Cotto, I think you and am I saying it correctly, Ortiz?

Floyd Mayweather (1:55)

A lot of record-breaking fights were held in this arena. And out of the 10 biggest fights in history, 6 fights was Floyd Mayweather fights.

Patrick Bet-David (2:07)

Out of the 10 biggest fights in history, 6 of them was you.

Floyd Mayweather (2:10)

Yes. But I couldn't do it without the fans and the people.

Patrick Bet-David (2:13)

I love it. That's amazing. And so Floyd, your story, there's so many different angles I want to go on. I had a short time to prepare for it, but I know your story. I know what you've done, so I've been looking forward to this for a while.

So I think the biggest thing when I think about, you know, we got to go through business, your boxing career, family, other things that you've been doing. Maybe let's start off with the first thing here.

One day, you know, you come out and you buy out your contract. Yes. Something that's never been done before. You come out and you pay $750 to decide to own your own thing, and you were always calling everybody. You would say, you go talk to your agent, you go talk to your manager, you go talk to Aram, you go talk to this. I don't need to talk to anybody. What got you to make that business decision?

Floyd Mayweather (3:02)

Well, you know, each and every day, you know, when I was in the sport of boxing, you know, I would take my time and study, not just what was going on inside the ring, but economics, as far as outside the ring. Like, well, who's getting the extra money for the merchandise? And who's getting all the money for the tickets? And so, eventually, one thing led to another. And I told the promoter, I said, let's become partners. He said, no. So finally, when I had the chance to become my own boss, they had me in a headlock. Then I said, what would it take for me to become my own boss?

And let me become my own promoter. And they said, $750,000.

That's the best $750,000 I've ever spent.

Patrick Bet-David (3:49)

That's it?

Floyd Mayweather (3:50)

That was it.

Patrick Bet-David (3:50)

Why did they only, I would have never given you up for only $700,000.

SPEAKER_3 (3:53)

What, they didn't own me now?

Floyd Mayweather (3:55)

You know, this is, but they have said $750,000. No one owns, no one owns no one. They had me in a contract, and my contract had came to an end, but they still had options on me.

So, I took it upon myself, wrote the check for $750,000, and when I left the company, in three fights, I think, McGregor, Pacquiao and Canelo, I made $750,000,000.