Boxing legend Floyd “Money” Mayweather Jr. is back in the news not for a comeback fight, but for a substantial lawsuit filed against Showtime Networks, the company that once broadcast many of his biggest fights. Mayweather claims the network owes him a massive amount of money, alleging a long-running scheme of financial fraud and misappropriation that cost him tens (if not hundreds) of millions.
In a recent video, Marcos Viegas of Fight Hub Tv breaks down the ongoing lawsuit between Floyd Mayweather Jr. and Showtime.
On February 3, 2026, Mayweather filed a lawsuit in Los Angeles Superior Court seeking recovery of at least $340 million in missing or misappropriated fight earnings. The filing accuses Showtime Networks and former Showtime Sports president Stephen Espinoza of participating in financial misconduct that allegedly diverted a significant portion of Mayweather’s pay to accounts he didn’t control, allegedly mandated by of his longtime former manager, Al Haymon.
According to the complaint, this scheme involved:
•Hidden accounts and unauthorized transactions where fight proceeds were sent without Mayweather’s knowledge or consent.
Deliberate concealment of financial records, making it difficult for Mayweather’s team to audit or confirm how his money was handled.
Failure to provide transparent accounting for some of his biggest pay-per-view fights, including the blockbuster bouts against Manny Pacquiao and Conor McGregor.
Mayweather’s filing says he has earned around $1.2 billion over his career, but believes at least $340 million of that is “missing and unaccounted for.” The suit also claims Showtime still owes him about $20 million from his 2015 fight against Andre Berto, money that was supposed to come from the Pacquiao revenue pool.
A spokesperson for Paramount, Showtime’s corporate parent, responded and issued a statement saying the claims are “baseless and lack legal or factual merit,” and that the company intends to contest the allegations aggressively.
If successful, this case could set a new precedent for how elite fighters are compensated and transparency with financial reporting in professional boxing. It also raises questions about the role of advisors and managers in protecting or exploiting the athletes they represent.
