Floyd Mayweather is silencing chatter that he owes the IRS a crap ton of money and that he can’t pay until he wraps the Conor McGregor fight.
According to reports, a petition was filed on July 5 asking for permission to pay his 2015 tax liability after the big August 26 match. Apparently, Mayweather’s 2015 taxes are 15 months past due.
“Although the taxpayer has substantial assets, those assets are restricted and primarily illiquid,” the petition read, according to Law360. “The taxpayer has a significant liquidity event scheduled in about 60 days from which he intends to pay the balance of the 2015 tax liability due and outstanding.”
Per the gossip, the IRS previously went after Mayweather claiming he has resources to pay it off, even it means taking out a loan or selling one of his many properties. Not to mention, Floyd was one of the top paid athletes in the world.
The boxer, however, is arguing otherwise, claiming that he’s paid his debt.
Following the barrage of reports, the professional boxer took to Instagram to suggest he paid a cool $26 million in 2015. “Believe half of what you see and none of what you hear, especially when it comes to media in this country,” he wrote. “While everyone is counting my money and assuming the worst, these are the facts.”
“Uncle Sam, received $26,000,000.00 from me in 2015! What else could they possibly want,” he explained. “I’m sure I would have been notified much sooner if there were any real discrepancies right? Bottom line, everybody just wants to be a part of the ‘Money May’ show, including the IRS! That’s fine, you can crunch numbers all day but in the end, my empire is rock solid and intact! Now Calculate That!”
Floyd is expected to pick up around $100 million for his upcoming fight against McGregor.