Floyd Mayweather Sues Showtime for $340 Million

Lawsuit alleges financial misconduct by former manager Al Haymon and Showtime executive Stephen Espinoza

Apr. 11, 2026 at 10:55pm

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A fragmented, geometric painting depicting the boxing ring, financial documents, and shadowy figures in an abstract, cubist style, representing the intricate legal battle between Mayweather and Showtime.A cubist interpretation of the complex financial dealings and alleged misconduct at the heart of Floyd Mayweather's $340 million lawsuit against Showtime.Today in Miami

Boxing legend Floyd Mayweather has filed a $340 million lawsuit against Showtime, claiming that the network's involvement in misconduct by his former manager Al Haymon led to him being cheated out of hundreds of millions of dollars in earnings over the course of his storied career.

Why it matters

This lawsuit sheds light on the complex financial dealings and allegations of fraud surrounding one of the highest-earning athletes of all time. It raises questions about the role of networks and managers in professional sports and could have significant implications for Mayweather's net worth and legacy.

The details

In the lawsuit filed in California, Mayweather alleges that Haymon, his long-time advisor, orchestrated a scheme that cost him vast sums of money. He also accuses Showtime executive Stephen Espinoza of being complicit in this alleged financial fraud operation. Mayweather is seeking to reclaim the misappropriated funds and damages stemming from this purported longstanding scheme.

  • The lawsuit was filed in early 2026.

The players

Floyd Mayweather

A retired professional boxer with a flawless 50-0 record and estimated net worth between $400-$560 million, making him one of the highest-earning athletes of all time.

Al Haymon

Mayweather's long-time advisor, who is accused of orchestrating a financial scheme that cost Mayweather hundreds of millions of dollars.

Stephen Espinoza

The former president of Showtime Sports, who is accused of being complicit in the alleged financial fraud operation involving Mayweather's former manager Al Haymon.

Showtime

The television network that is being sued by Mayweather for $340 million, with the boxer claiming the network's involvement in misconduct by his former manager led to him being cheated out of hundreds of millions of dollars.

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What they’re saying

“We must hold all parties accountable for their actions and ensure that Floyd Mayweather receives the full financial compensation he is owed.”

— Floyd Mayweather

What’s next

The courts will determine the validity of Mayweather's claims and whether Showtime and his former manager, Al Haymon, are liable for the alleged financial misconduct. The outcome of this lawsuit could have significant implications for Mayweather's net worth and the broader landscape of professional sports finance.

The takeaway

This lawsuit highlights the complex financial dealings and potential for fraud in the world of professional sports, where even the highest-earning athletes can face challenges in fully reaping the rewards of their success. It underscores the importance of transparency and accountability in the management of athletes' finances.