Floyd Mayweather Faces Potential Passport Revocation Over Tax Debt
Floyd Mayweather’s international exhibition schedule is under threat as the IRS reportedly moves to revoke his passport due to significant unpaid tax debt.
Floyd Mayweather is currently navigating a high-stakes battle that extends far beyond the boxing ring. According to court documents recently obtained by The Ring, the legendary boxer is facing potential intervention from the Internal Revenue Service (IRS) that could severely impact his ability to travel internationally for upcoming boxing exhibitions.
IRS Threatens Passport Revocation
The IRS reportedly notified Mayweather in late March of its intention to alert the U.S. Department of State to revoke his passport, citing an alleged tax debt exceeding $7.25 million in liens and levies. This development arrives at a critical juncture for the athlete, who has already announced an exhibition match against Greek kickboxer Mike Zambidis in Athens, scheduled for June 27.
The potential loss of his travel documents casts a shadow over his future professional engagements. Beyond the Athens bout, Mayweather is linked to a high-profile exhibition against Manny Pacquiao in Las Vegas this September, as well as a rumored, though unscheduled, matchup with Mike Tyson. Should the passport revocation proceed, these international opportunities could be effectively sidelined.
Financial Scrutiny and Legal Options
This latest financial hurdle follows a period of intense public scrutiny regarding Mayweather’s personal finances. The boxer has consistently denied allegations of financial instability, even as figures like Logan Paul have publicly claimed that Mayweather still owes him $1.5 million from previous ventures.
To resolve the current standoff with the IRS and secure his travel privileges, legal experts suggest that Mayweather has several pathways available. These include paying the outstanding debt in full, negotiating an installment agreement or settlement with the Department of Justice, or providing evidence that the debt is uncollectible due to identity theft or extreme financial hardship. Alternatively, filing for bankruptcy remains a potential, albeit drastic, legal recourse.
As of now, it remains unclear whether the IRS has finalized the revocation process or if a resolution is currently being negotiated. While the situation remains fluid, the pressure on the former champion to address these tax obligations is mounting, leaving his global exhibition tour in a state of uncertainty.