Bob Arum is no ordinary voice in boxing. He is 94 years old, founded Top Rank, and witnessed firsthand how Floyd Mayweather Jr. became the highest-paid boxer in history. That is why his words on Fight Hub TV carry so much weight.
According to Arum, the problem with “The Money” was never his income; it was what he did with it. Excessive spending, a lifestyle that is impossible to sustain, and now a canceled exhibition in Greece against Mike Zambidis due to a legal dispute with CSI Sports Events. All of that, Arum says, has Mayweather closer to ruin than anyone would imagine for a man who once amassed 1.000 billion dollars.
Mayweather did not stay silent. Months earlier, at a forum in New York, he had denied everything: he claimed to own 100 buildings and have an intact fortune in the bank. Two versions, one name, and a question that no one has yet answered with certainty: where did the money of ‘The Money’ go?