In a November Instagram post, retired boxer Floyd “Cash” Mayweather posed with stacks of hundred-dollar payments on a personal airplane with the caption “I simply be minding my enterprise!”
The homeowners of the apartment on the Baccarat Resort and Residences that Mayweather rented in 2024 for $100,000 per month apparently want the boxer-turned-investor can be minding his lease.
Mayweather stopped paying lease in the midst of final 12 months, and now owes over $330,000 in unpaid lease and different damages, a restricted legal responsibility firm tied to the unit claimed in a lawsuit filed in New York state court docket.
Leila and David Centner, Miami-based entrepreneurs, purchased two models on the 20 West 53rd Avenue constructing for over $15 million in 2016 and mixed them, in accordance with public information. Mayweather rented the five-bedroom, five-bathroom condo that spans the property’s 18th and nineteenth flooring in December 2024.
Mayweather stopped paying lease in July and ultimately owed upwards of $500,000 in again lease and different damages, however the homeowners negotiated a settlement with Mayweather for him to repay the lease and different debt by Dec. 2, 2025, the go well with claims.
As a substitute, Mayweather solely paid one of many 5 months, in accordance with Pulse Worldwide Realty’s Rena Kliot, an agent who will probably be re-listing the unit within the spring.
“He had this put up he put up on Instagram with stacks of cash in entrance of him, and so they despatched it to me and stated, ‘effectively how about utilizing a few of that cash to pay us,’” Kliot informed The Actual Deal.
The homeowners put a few of Mayweather’s safety deposit in the direction of the allegedly unpaid lease, in accordance with Kliot.
A consultant for Mayweather didn’t instantly reply to a request for remark.
Kliot stated she plans to checklist the house on the market, someplace between $22 and $24 million, or for lease at $150,000 per thirty days.
Mayweather, who was undefeated in his professional profession and remodeled $1 billion in winnings, has turned to actual property funding for a second profession and launched into a buying spree lately.
Mayweather bought a minority curiosity in Black Spruce portfolio final 12 months for $402 million, with an possibility to purchase outright lots of the 62 buildings within the portfolio.
He launched an actual property agency in 2024, when he put $100 million in equity towards a joint venture with Go Companions on a luxurious rental portfolio valued at $3 billion.
However reporting by Business Insider has raised questions on Mayweather’s monetary stability. The publication pointed to foreclosures on industrial properties owned by Mayweather and lawsuits claiming he did not pay for tens of millions of {dollars} of luxurious objects.
Mayweather’s lawyer, Bobby Samini, beforehand denied the outlet’s reporting, saying he was not “experiencing monetary pressure.”
Learn extra
Floyd Mayweather Jr. rents Midtown apartment for $100K a month
Mayweather did do $402M deal — here’s the fine print and upside
