Mayweather Sues Top Rank For Back Pay
By Mark Vester
According a recent report in the New York Daily News, WBC welterweight champion Floyd Mayweather Jr. has filed a lawsuit against his former promoter, Bob Arum of Top Rank. The suit was filed in Clark County District Court on March 7 in Nevada, claiming that he is still owed money from his pay-per-view bouts against Arturo Gatti and Zab Judah, with additional claims which allege that Arum breached his contract terms and acted in bad faith.
In the lawsuit papers, Mayweather claims that his fight contract called for him to receive 85% of Top Rank's net revenues for Gatti and 80% of the net revenues for Judah. To date, Mayweather claims that Top Rank did not provide him the final accounting for either bout.
By Mark Vester
According a recent report in the New York Daily News, WBC welterweight champion Floyd Mayweather Jr. has filed a lawsuit against his former promoter, Bob Arum of Top Rank. The suit was filed in Clark County District Court on March 7 in Nevada, claiming that he is still owed money from his pay-per-view bouts against Arturo Gatti and Zab Judah, with additional claims which allege that Arum breached his contract terms and acted in bad faith.
In the lawsuit papers, Mayweather claims that his fight contract called for him to receive 85% of Top Rank's net revenues for Gatti and 80% of the net revenues for Judah. To date, Mayweather claims that Top Rank did not provide him the final accounting for either bout.