IRS Files $7.3 Million Tax Lien on Floyd Mayweather
Floyd Mayweather Jr., the undefeated boxing champion known for his lavish displays of wealth, faces a new federal tax lien of $7.3 million filed by the Internal Revenue Service in Las Vegas last month. The lien, related to unpaid taxes from 2018 to 2023 and still outstanding as of March 26, adds to a series of financial and legal challenges for the 49-year-old retired fighter as he prepares for a potential return to the ring.
The IRS filing places a legal claim on Mayweather's assets, including property and funds, until the debt is resolved. It does not immediately result in seizures but can complicate asset transfers and sales. This marks the latest in a pattern of tax disputes for Mayweather, who previously settled a $22.2 million claim for 2015 taxes and, in 2023, was ordered by a U.S. Tax Court to pay $5.5 million in deficiencies plus $1.1 million in penalties for 2017. An earlier $7.2 million lien tied to 2010 income was also resolved. Despite these issues, Mayweather's career earnings exceed $1 billion, with net worth estimates ranging from $400 million to $1.2 billion, though much of his wealth is reportedly held in illiquid assets like real estate and businesses.