Dennis Taylor

Report: IRS demands $3.4 million in back taxes from Mayweather

The Internal Revenue Servicehas picked a fight with Floyd Mayweather Jr., demanding that the boxer pay $3.4 million in back taxes from 2009 — the year he came out of retirement and reportedly earned $25 million for fighting Juan Manuel Marquez, the Detroit News reported.

The news comes days after Mayweather bragged on Twitter about large amounts of cash he has won betting on NBA games: "Today was a good day. I took 24 minutes to make $40,000 on the Portland Trailblazers" he tweeted in late March. He also bragged in February about thousands he won on games involving the Dallas Mavericks and Detroit Pistons.

He was hit three years ago with an IRS bill for $5.6 million in unpaid taxes, but the latest news comes in advance of other courtroom battles that loom for Mayweather. He's due in court April 28on charges of domestic violence, grand larceny, coercion and robbery — counts that could potentially could send him to prison for up to 34 years.

In that case, Mayweather is accused of assaulting and threatening his former girlfriend, stealing her cell phone and threatening two of their children last September.

He also suffered a legal setback last month when a federal judge declined to dismiss a defamation suit against him filed by Manny Pacquiaoin response to Mayweather's allegations that Pacquiao uses performance-enhancing drugs.

Mayweather, 34, has a record of 41-0, with 25 KOs, but has been idle since scoring a 12-round unanimous decisionover Shane Mosleyin May.

 

<i>Dennis Tayloris editor-publisher of www.ringsideboxingshow.com and co-host of The Ringside Boxing Show</i>

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