Floyd Mayweather Faces $4.65 Million Lawsuit Over Exhibition Disputes
CSI Entertainment has filed a lawsuit against Floyd Mayweather, alleging breach of contract regarding exhibition bouts involving Mike Tyson and Manny Pacquiao.
Floyd Mayweather is currently navigating a significant legal challenge as he prepares for his upcoming exhibition bout in Greece. According to reports from TMZ Sports, CSI Entertainment has filed a lawsuit in New York seeking $4.65 million in damages. The company is also requesting an injunction to prevent the boxing icon from participating in his scheduled June 27 exhibition against Greek star Mike Zambidis while the litigation proceeds.
At the heart of the dispute are failed plans for exhibition events featuring boxing legends Mike Tyson and Manny Pacquiao. CSI Entertainment alleges that it provided approximately $2 million in advances to First Apex Ventures, Mayweather’s management company, under the impression that it had secured exclusive promotional rights to these events. The plaintiff claims that Mayweather personally approved these arrangements, which ultimately never materialized.
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The financial implications of the lawsuit are substantial, particularly regarding the proposed Pacquiao rematch. Court filings suggest that Mayweather was guaranteed $35 million, plus a 20 percent share of pay-per-view revenue, with potential earnings reaching $50 million. CSI further alleges that Mayweather engaged in separate negotiations for a different Pacquiao fight intended for Netflix, which the company argues was a direct violation of their exclusivity agreement.
This legal hurdle adds to an already complex period for the undefeated fighter. Mayweather is currently involved in separate litigation against his former manager and First Apex Ventures, in which he is seeking $175 million in damages, alleging he was defrauded by those managing his business affairs. As of the time of publication, neither Mayweather nor his representatives have issued a formal response to the latest allegations.
