It’s boxing and lawsuits. And, there’s a lot of money involved.
Last Saturday night in Las Vegas, Floyd Mayweather won a 12-round victory by a three judge unanimous decision over Manny Pacquiao. Initial financial estimates indicate that the fight generated approximately $400 million in revenue. Now, fans want a piece of that prize money.
Two fans have filed a federal lawsuit alleging that consumer laws were violated and bettors didn’t get fair fight because of Pacquiao’s failure to disclose that he had suffered a shoulder injury before the fight. The lawsuit seek damages from Pacquiao as well as his promotion company, Top Rank Inc., on behalf of all who purchased tickets for the fight; those who watched the fight on pay-per-view television; and gamblers who wagered on the fight.
Since the boxing match, it has been reported that Pacquiao has already had right shoulder surgery to repair a “significant tear” in his rotator cuff. More fuel to the lawsuit, that the fight never should have taken place.
A separate suit has been filed against the victorious fighter, Floyd Mayweather. The mother of three of his children has now filed a defamation suit against him in Los Angeles Superior Court. The lawsuit was brought because of remarks that he made about her in media interviews before the fight. In an April interview with Katie Couric, he claimed among other things that he wasn’t really assaulting her in a 2010 incident at their Las Vegas home. Instead, he was just trying to restrain her because she was on drugs at the time.
At the time, Mayweather was arrested and charged with domestic violence after two of their children witnessed him pulling her hair and twisting her arm so hard that she thought that she had broken it. He ended up pleading guilty to a misdemeanor charge and spending two months in jail.
The lawsuit seeks $20 million. It is estimated that Mayweather could get as much as $200 million from the fight, once all the fight income including pay-per-view profits are totaled.
It just makes me shake my head!
Have a great weekend!
And for pic o’ day…