Did Floyd Mayweather stiff Logan Paul on his pay-per-view money?
That’s what the YouTuber/novice boxer is claiming six months after his box office-hit exhibition bout with the 5-division former world champ and first-ballot Hall of Famer.
The 26-year-old Paul recently took to social media to voice his frustration over not yet receiving his share of the pay-per-view loot from his 8-round tussle with “Money” Mayweather this past June.
“Pay me my Money u f*****g corny weasel of a human @floydmayweather,” Paul wrote on Instagram, captioning an unflattering photo of Mayweather on a recent trip to Russia.
The amount of money in question is open to speculation, but Paul was reported to have been promised $250,000 guaranteed and 10% of the pay-per-view money. Given that the event was said to have generated over a million buys at an asking price of $49.99, Paul’s cut was said to be in the neighborhood of $5 million.
Of course, the raw estimates don’t take into account the cable company/digital provider cut of the money and it’s unclear whether Paul was due any of the international rights money or any type of sponsorship revenue cut.
But that’s really not the point of Paul’s accusations. The YouTube personality claims that he’s yet to receive a very significant amount of money that he’s owed, and he’s waited more than half a year for the payout.
On the other hand, though, pay-per-view payouts are notoriously slow. It takes a while for sales figures to even be properly tabulated. Then, there’s a whole corporate flow chart to be worked through before revenue is tabulated and distributed to those who need to be paid. Fighters getting a cut of pay-per-view sales would see their money coming after this process runs its course and the revenue total is final and verified.
Mayweather has yet to comment on Paul’s complaints, but he did have plenty to say about Paul and their June exhibition since that no-winner, no-loser bout was done with.
“People have gotta know, there’s a difference between a real fight and an exhibition,” Mayweather told TalkSport during a WBC convention held in Mexico City this past November.
“I did an exhibition with the YouTuber Logan Paul. We had fun,” Mayweather added. “All I did was work out from time to time, if it was a real fight, it would’ve been a blowout in the first round.”
Before that boast about his fighting prowess, however, the 44-year-old Mayweather would boast about his marketing smarts.
“I’m the only person you know that could do a fake fight and get 100 M’s,” he told media. “I could do legalized sparring and get 100 M’s. Am I the best bank robber? Because I don’t know nobody in sports that’s my age and can still stack ’em up like that.”
According to reports, Mayweather got a guaranteed $10 million for the catchweight exhibition with a another $25 million coming from his 50% cut of the pay-per-view revenue.
Considering all of that, plus Mayweather’s boasting and the non-stop posting of his extravagant purchases and mega-rich lifestyle, it’s easy to see how Paul would be burning with frustration over not yet getting his comparatively small payout.
Logan Paul’s net worth is estimated at $35 million, so it’s not like he’ll be dining on dollar store microwave burgers for lack of money or collecting aluminum cans for loose change to survive. But, still…