BREAKING NEWS: CNN Releases Floyd Mayweather Bank Statements PROVING He’s Bankrupt!!!

In a bombshell exposé that has stunned the sports and entertainment world, CNN has obtained and released confidential bank statements allegedly belonging to boxing legend Floyd Mayweather Jr., claiming they provide definitive proof that the undefeated champion is bankrupt. The report, which aired at 12:55 AM +07 today, comes after months of swirling rumors about Mayweather’s financial health, and if true, marks a dramatic fall from grace for the man once dubbed “Money” who boasted career earnings exceeding $1.2 billion.

CNN’s Explosive Claims

According to CNN’s investigative report, the bank statements reveal that Mayweather’s accounts have been drained to a shocking degree, with one primary account showing a balance of just $12,347 as of April 28, 2025. The network claims to have obtained the documents from a whistleblower within Mayweather’s financial team, who alleged that the 48-year-old has been hemorrhaging money due to a combination of failed investments, lavish spending, and unpaid debts. “Floyd Mayweather has been living a lie,” CNN anchor Rachel Nichols stated during the broadcast. “These statements show a man who is not just broke, but deeply in debt—owing millions to creditors, including the IRS.”

The report highlights several financial missteps, including a $402 million real estate deal in Upper Manhattan that Mayweather claimed to have made in October 2024. A Business Insider investigation in March 2025 found no public records to support the purchase, and CNN now alleges that the deal was a fabrication meant to mask his financial struggles. Additionally, the network points to Mayweather’s recent ventures—like his cryptocurrency promotions and a $20 million Midtown Manhattan property purchase over Christmas 2024—as desperate attempts to generate cash flow.

A History of Financial Controversy

Mayweather’s financial troubles are not entirely new. In December 2024, employees at his Los Angeles gym protested over unpaid wages, accusing his company, Money Team Enterprises, of “modern-day slavery” and suggesting bankruptcy. A similar incident occurred at his Elk Grove gym, which closed after the landlord sued for $30,000 in unpaid rent. These events, coupled with skepticism from figures like 50 Cent—who in April 2025 mocked Mayweather’s real estate claims as “cappin’”—have fueled speculation about his financial stability.

Despite these red flags, Mayweather has consistently denied the rumors, flaunting his $100 million watch collection, a $50 million Gulfstream jet, and extravagant gifts like a $186,200 Mercedes-Benz S63 E Performance for his sister on April 26, 2025. Just last week, he was spotted vacationing in the Bay Islands of Honduras, where he praised the region’s beauty while showcasing his private jet. These displays of wealth, however, are now being called into question by CNN’s report, with some speculating that Mayweather may have been borrowing money or selling assets to maintain his lavish lifestyle.

The Boxing Community Reacts

The news has sent shockwaves through the boxing world, with reactions pouring in on social media. On X, the hashtag #MayweatherBankrupt is trending worldwide, with fans and fighters expressing a mix of disbelief and vindication. “Floyd always acted like he was untouchable—guess karma caught up,” one user wrote. Another commented, “This can’t be real. Floyd’s got more money than God—CNN must be lying.”

Prominent figures in the sport have also weighed in. Promoter Eddie Hearn, who in January 2025 jokingly claimed Mayweather was broke, doubled down on his stance in an interview with Sky Sports at 01:10 AM +07: “I told him to his face he didn’t have the money he claimed. Looks like I was right.” Meanwhile, Amir Khan, who in April 2025 called Mayweather’s alleged financial woes “karma” for his arrogance, posted on X: “Sad to see, but I warned him. You can’t flaunt money like that forever.”

Mayweather’s Response—or Lack Thereof

As of 01:21 AM +07, Mayweather has not issued an official response to CNN’s report. However, a source close to the boxer told TMZ at 01:15 AM +07 that the bank statements are “fake” and part of a “smear campaign” against Mayweather. “Floyd is worth hundreds of millions—he’s not broke,” the source insisted. “This is just haters trying to tear him down.” The source also pointed to Mayweather’s recent business ventures, including his investment in 601W Companies’ $10 billion real estate portfolio in November 2024, as evidence of his financial stability.

Critics, however, remain skeptical. Boxing insider Rick Glaser, who in April 2025 noted rumors of Mayweather’s financial troubles, told Boxing News 24 shortly after the CNN report aired: “If these documents are real, it’s a catastrophic fall for someone who was once the richest athlete in the world. But we need to see more evidence—Floyd’s been counted out before.”

What’s Next for Mayweather?

If CNN’s claims are substantiated, Mayweather could face severe legal and financial repercussions. The report alleges that he owes millions to the IRS, a claim that echoes past issues—in 2024, Mayweather paid $18 million in taxes for 2023, a move some saw as a sign of financial strain. A bankruptcy filing, if it happens, would be a stunning turn for a man who once claimed to earn $300 million a month and boasted of a $500 million net worth in 2025, according to Sports Illustrated.

For now, the boxing world waits for Mayweather to address the allegations head-on. Whether this is a genuine exposé of financial ruin or a sensationalized attack on a larger-than-life figure remains to be seen. One thing is certain: the saga of Floyd Mayweather, once the epitome of wealth and success, has taken a dramatic and unexpected turn.