Floyd Mayweather sues Showtime Sports for $340 million amid explosive claims of misappropriation

February 4, 2026 - 19:54

In a blockbuster legal filing, boxing legend Floyd Mayweather has launched a $340 million lawsuit against Showtime Sports and its former president, Stephen Espinoza. The suit levels explosive allegations of financial misappropriation, breach of contract, and fraud.

The legal action centers on Mayweather's lucrative multi-fight deal with the network, which spanned from 2013 to his final professional bout in 2017. Mayweather claims that Showtime and Espinoza systematically diverted funds owed to him from pay-per-view revenues and other profits related to his fights. The lawsuit alleges these actions constituted a deliberate scheme to underreport earnings and withhold substantial sums from the undefeated champion.

Mayweather is seeking not only the recovery of the alleged $340 million in misappropriated earnings but also significant punitive damages. The filing portrays a severe breakdown in the relationship between one of boxing's biggest stars and the premium network that exclusively broadcast the latter half of his storied career. This lawsuit sends shockwaves through the sports broadcasting world, promising a high-stakes legal battle over the finances of some of the richest events in boxing history.