Mayweather Jr. sues Top Rank, claims he's owed money from Gatti, Judah fights

http://www.nydailynews.com/sports/m...8-03-16_floyd_mayweather_sues_for_purses.html

Sunday, March 16, 2008
Floyd Mayweather sues for purses
by Tim Smith
daily news sports writer

Sunday, March 16th 2008, 4:00 AM

Floyd Mayweather Jr. has sued his former promoter, Bob Arum of Top Rank, claiming Arum still owes him money from his matches against Arturo Gatti in 2005 and Zab Judah in 2006.

The lawsuit, which was filed in Clark County (Nev.) District Court on March 7, seeks an accounting from those two fights and also claims that Arum breached his contract and did not operate in good faith.

Mayweather said his contract for the Gatti fight called for him to receive 85% of Top Rank's net revenues and his contract for the Judah fight called for him to receive 80% of the net revenues. He claims that Top Rank did not provide him the complete and final accounting for either fight despite repeated demands.

Mayweather does not specify an amount that he believes he is owed, but stipulates the statutory minimum of $10,000 for each of the five claims in the lawsuit. It is clear that he believes Arum shortchanged him much more than that for those two fights, which both did around 350,000 Pay-Per-View buys. Mayweather and his reps would not comment on the lawsuit.

"Under the advice of Floyd's counsel I can't comment on the complaint," said Leonard Ellerbe, Mayweather's adviser. "The complaint speaks for itself."

 

Wow. That's very high percentages!

 

PPV buying fans should be able to sue Mayweather and De La Hoya for their fight...:shit:

 

Net revenues... A long battle awaits him... His accountants vs. Top Rank's accountants... Good Luck Pretty Boy...

 

this doesn't bode well for mayweather vs cotto

 

Shit news....makes Mayweather-Cotto harder to make.

 

Like I've always said..........Arum isn't any better than King. They BOTH fuck their fighters.

 

Mayweather just doesn't wanna fight Cotto....will do anything to not be in the same ring with cotto....

after all this time he is coming up with this shit?...why not immediately after he split w/ Arum?

 

He could have been offered seperate paychecks or his accountants and management have only just realised.

 

in other words, he's broke just as we predicted he'd be.

 

maybe...

 

probably...5 mill from the wwe...another 20-30 from the dlh rematch..he will be up on his feet again.....for another few months...

 

This is good news, the more he keeps attending to his compulsive narccistic neccesities in "making it rain", the more oppurtunities there will be for someone to crack a vital organ in that back. Then when Margarito chases Cotto around the ring for a 12 round *unanimous decision victory (*seeing as Shane exposed Miguel's adverse act of bitchery), Margarito may indeed get that oppurtunity to mark the spot, then it's skull and cross bones for Fraud. "Hey, Cotto's corpse has deflated (as he lays in a labrynth of steroid juice), fuck the bobcat, throw him ontop" :cheer: .