Floyd Mayweather Can’t Pay His Taxes, Asks IRS to Wait Until McGregor Fight

By Staff  |  07/10/2017

Floyd Mayweather

Floyd Mayweather apparently can't pay off his taxes, and is asking the IRS if he can wait until his upcoming fight with Conor McGregor to pay up.

According to ESPN, the boxer filed a Tax Court petition on July 5 asking the IRS to allow him a reprieve until the Aug. 26 fight.

In the filing, Mayweather states that his current assets are "restricted and primarily illiquid."

"Although the taxpayer has substantial assets, those assets are restricted and primarily illiquid," the petition says, according to Law360.com. "The taxpayer has a significant liquidity event scheduled in about 60 days from which he intends to pay the balance of the 2015 tax liability due and outstanding."

It's unclear how much money Mayweather owes, but the IRS had previously refused a short-term installment plan, arguing that he has enough money -- either by selling an asset or property he owns -- to satisfy the debt.

Mayweather has not fought since Sept. 2015, when he easily defeated Andre Berto. He reportedly made $32 million from the fight.

Earlier that year, in May 2015, Mayweather pocketed around $220 million from his megafight with Manny Pacquiao. He later shared an image on social media of a $100 million check... which did not have taxes deducted from it.

He's expected to make a similar payday for his upcoming fight against McGregor.

Mayweather, 40, has earned around $700 million in his 49-fight professional career, according to Forbes.