STEPHEN ESPINOZA RESPONDS TO FLOYD MAYWEATHER LAWSUIT CALLING ALLEGATIONS A "MYSTERY"
Floyd Mayweather is suing Showtime for $340M, alleging a decade of financial fraud involving diverted purses and hidden accounts.
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Floyd Mayweather is suing Showtime Networks and former executive Stephen Espinoza. On the surface, it’s about money—but if you read the lawsuit, it feels more like a battle over who really called the shots.
Earlier this month, Mayweather filed a complaint in Los Angeles, saying he lost at least $340 million. He blames hidden bank accounts, unauthorised money transfers, and a serious lack of transparency about his fight earnings.
None of these claims has been proven in court yet.
According to the lawsuit, Mayweather leaned on his long-time adviser, Al Haymon, for everything business-related—negotiations, payments, financial decisions, the works.
Haymon isn’t listed as a defendant.
Still, the complaint says this dependency created a fiduciary relationship under California law. And that trust? Mayweather claims it got abused—secrecy, self-dealing, and funnelling money into accounts he couldn’t touch.
One thing stands out: Mayweather says he never got official accounting statements for years. Instead, he just got verbal updates about where his money was.
Now, why are Showtime and Espinoza in the crosshairs? The lawsuit claims they helped make all this possible. They allegedly wired fight money to accounts tied to Haymon’s people, not directly to Mayweather. The complaint also says they turned a blind eye to weird deductions, ignored giant transfers, and later said they couldn’t produce key financial records when Mayweather started asking questions.
Espinoza later joined Premier Boxing Champions, which is connected to Haymon. The suit points this out to show ongoing relationships that, according to Mayweather, played a role in how the money got handled.
Honestly, the giant dollar amount is just the tip of the iceberg. The lawsuit keeps circling back to the same thing: Who could actually see the money? Who had control? Who got left in the dark?
Mayweather says the alleged scheme stayed hidden for years because he didn’t have access to the documents. No one gave him the oversight he needed to spot the problems sooner.
He’s asking for compensatory and punitive damages, plus a court-ordered deep dive into the books. He wants a jury to hear the case.
If he proves his case, this isn’t just about the missing millions. It’s about how fast power can shift behind closed doors when boxers trust others with their business—and don’t demand the receipts.
NEW ERA: JON JONES EYES MVP JUMP AS UFC RELATIONSHIP HITS BREAKING POINT
Jon Jones hits back at the UFC, demanding his contract be terminated to pursue new opportunities at Most Valuable Promotions.
Jake Paul says he’s ready to promote Jon Jones if Dana White lets him walk away from the UFC.
Jones wanted a spot on the big UFC White House card in June. He hinted that the promotion even reached out about an appearance. Most people thought they’d finally line him up against Alex Pereira, who just moved up to heavyweight, but Pereira’s fighting Cyril Gane instead.
Then Dana White went public, basically saying Jones is done with the UFC and retired from MMA. That didn’t sit well with Jones. He fired back, demanding a release so he could look at other opportunities.
If he gets out of that ironclad contract, Jake Paul’s new MMA project with Most Valuable Promotions is a real option. Paul’s already signed Jones’ long-time rival, Francis Ngannou, who’s set to fight Philipe Lins on their debut card in May. Now, Paul says he’d happily work with Jones too.
At a press conference, Paul put it out there: “Jon, you’re always welcome to come over to MVP. We’ll get it popping, and we’ll get you paid what you deserve.”
Honestly, Paul trying to lure Jones over feels possible, especially since Jones has wanted to fight Ngannou for years. The fight has been teased both inside and outside the UFC, but it has never materialised.
Paul’s clearly gunning to shake up the UFC’s grip on MMA, so who knows, an offer to Jones could be coming soon.
But can Jones actually fight again? Lately, he’s talked about hip problems that have made people doubt his future. He hasn’t fought since defending his title in November 2024 against Stipe Miocic. Still, he says the injury won’t stop him.
On social media, Jones said, “Yeah, I’ve got arthritis in my hip, and it hurts, but that doesn’t mean I can’t fight. So let me get this straight: if I took the lowball offer, my hip would magically be fine, and I’d be on the White House card? That makes no sense. I even got stem cell treatment last week to be ready, and training camp was supposed to start today. I was getting prepared. If the UFC really thinks I’m finished, I’m asking to be released from my contract right now. No more spin, no more games. Thanks to the real fans who get it.”
REVENGE MISSION: EDDIE HEARN SIGNS UFC CHAMP TOM ASPINALL AFTER LOSING CONOR BENN
Eddie Hearn strikes back: Read about Tom Aspinall signing with Matchroom, Conor Benn’s $15M Zuffa deal, and the Dana White rivalry.
Dana White, the boss at UFC and the man behind Zuffa Boxing, just snagged Conor Benn away from Eddie Hearn. Although if we’re being honest, Benn did a lot of the heavy lifting himself with that $15 million price tag.
White was quick to celebrate, maybe a little too loudly, especially on the UFC side, but Hearn didn’t let him have the spotlight for long. Not even a week later, Hearn fired back by announcing he’d signed UFC heavyweight champ Tom Aspinall to the Matchroom Talent Agency.
This back-and-forth between Hearn and White is turning into one of the more interesting rivalries in combat sports right now.
Zuffa Boxing’s move to grab Benn for a one-fight, $15 million deal definitely made waves. Benn, after all, spent ten years fighting under Hearn’s banner before jumping ship. Hearn hasn’t been shy about how much the move stings, especially since he’s been trading barbs with White nonstop.
But Hearn’s not just sitting around feeling sorry for himself. He went public on Instagram, welcoming Aspinall to the Matchroom squad. “Welcome to the team, UFC Heavyweight Champ @tomaspinallofficial,” Hearn posted. “Time to get what’s yours @matchroomtalentagency.”
It’s just the latest shot in their ongoing feud. White’s been out there calling Hearn soft for getting emotional about Benn leaving. Hearn, never one to back down, fired back in an interview, saying White doesn’t care about his fighters at all.
“I hear people’s comments, like Dana White calling me names and Terence Crawford asking if I actually care about these guys,” Hearn said. “I’m not saying I’m perfect, but we’re not like Dana White and his crew. They don’t give a damn about the fighters.
“Have you ever seen Dana White show any emotion when someone wins? He just hands over the belt, does a press conference, then heads home to his mansion with a cigar and a glass of whisky, thinking, ‘Life is sweet; we just made $800 million this year.’”
So what do you think about Tom Aspinall teaming up with Hearn’s agency? Is this a good move for Aspinall, or is it going to cause problems down the line? Let’s hear your thoughts.
