Floyd Mayweather sues Showtime, says contract dispute cost him hundreds of millions

Floyd Mayweather went after Showtime. In a lawsuit filed in California, Mayweather accuses Showtime and its former sports president, Stephen Espinoza, of playing a key role in a financial scheme that allegedly drained hundreds of millions from his career earnings.The case pulls back the curtain on his most productive era. Mayweather says his fights generated enormous revenue, yet a large portion never reached him. The legal action centers on how money from historic pay-per-view events was handled behind the scenes.According to the filing obtained by TMZ Sports, Floyd Mayweather is seeking to “recover hundreds of millions of dollars in the misappropriated funds and damages resulting from a long-running and elaborate scheme of financial fraud.” The suit alleges that his longtime advisor, Al Haymon, misappropriated about $340 million from his earnings, with what Mayweather calls “substantial participation and aid” from Showtime and Espinoza.While Haymon is not named as a defendant, Showtime and Espinoza are accused of enabling the alleged misconduct. Mayweather claims the money is still “‘missing’ and unaccounted for.” The lawsuit outlines how funds from major fights were allegedly routed into accounts controlled by Haymon rather than paid directly to Mayweather.Several blockbuster bouts sit at the center of the dispute. Mayweather references his fights against Manny Pacquiao and Conor McGregor, events that reshaped boxing’s financial ceiling. He alleges Showtime and Espinoza sent payments into accounts effectively controlled by Haymon.Years later, after Mayweather changed management, his new team requested access to Showtime’s financial records. The lawsuit claims the network said those records were “lost in a flood” or otherwise unavailable. That response now forms part of Mayweather’s broader fraud and conspiracy allegations.The claims against Showtime and Espinoza include aiding and abetting breach of fiduciary duty, civil conspiracy to commit fraud, conversion, and unjust enrichment. Mayweather is also seeking punitive damages.His attorney, Bobby Samini, expressed confidence in the case, stating, “Floyd is one of boxing’s biggest pay-per-view draws. He generated hundreds of millions of dollars in revenue for Showtime. Mr. Mayweather now takes this fight to the courtroom to recover what he rightfully earned. Retiring undefeated at 50-0, Mr. Mayweather will go the distance in the courtroom just as he has in the ring.”Showtime and Espinoza have not publicly responded to the lawsuit.