In a bombshell revelation that has sent shockwaves through the sports and entertainment world, ESPN commentator Stephen A. Smith has publicly called out boxing legend Floyd Mayweather Jr., alleging his involvement in a massive $402 million real estate fraud. On a recent episode of his show, Smith claimed to have uncovered a list of partners tied to what he described as a fraudulent scheme, sparking intense debate and scrutiny over Mayweather’s financial dealings. While details remain speculative and unverified, the accusations have reignited discussions about the retired champion’s business ventures and legacy.

The Allegations Unfold

Smith’s explosive claims center on Mayweather’s highly publicized announcement earlier this year, where he boasted of acquiring 62 apartment buildings in Upper Manhattan for over $400 million without outside investment. At the time, the declaration was met with awe, reinforcing Mayweather’s self-styled “Money” persona as a savvy businessman. However, Smith alleges that the deal was a facade, accusing Mayweather and a network of unnamed partners of orchestrating a scam that has left the boxing icon on the brink of financial ruin.

“I’m deeply disappointed in one of my all-time favorite fighters,” Smith stated on his show. “This $402 million deal? It’s smoke and mirrors. I’ve got names, I’ve got details, and it’s time the truth comes out.” While Smith stopped short of naming specific individuals on air, he hinted at a web of real estate insiders, promoters, and financial backers who allegedly collaborated with Mayweather to inflate the deal’s legitimacy. The lack of concrete evidence in Smith’s initial remarks has fueled skepticism, but it hasn’t dampened the controversy.

Scrutiny Over Mayweather’s Claims

The controversy stems from growing doubts about Mayweather’s real estate empire. A March report from Business Insider found no public property records in New York City to support Mayweather’s ownership claims. The New York City Housing Partnership, which typically oversees such transactions, also confirmed it had no knowledge of any sale or transfer linked to Mayweather. “The Housing Partnership has not been advised of any sale or change in ownership,” a spokesperson told Business Insider, raising red flags about the deal’s authenticity.

Smith seized on these discrepancies, accusing Mayweather of fabricating the deal to maintain his image of wealth and success. “If the money’s gone, just say it,” Smith challenged. “Don’t hide behind fake deals while your name’s dragged through the mud.” The commentator’s remarks have drawn attention to Mayweather’s recent activities, including hosting nightclub events, which some speculate are attempts to offset financial losses.

Mayweather Fires Back

Mayweather, known for his unflappable demeanor, didn’t take Smith’s allegations lying down. In a heated live interview, the boxing legend lashed out, dismissing the claims as baseless and accusing Smith of chasing clout. “I’m not broke, and I’m not running from nobody,” Mayweather declared, insisting his investments remain strong. He pointed to his history of lucrative exhibition fights and business ventures as proof of his financial stability, but notably avoided addressing the specifics of the alleged real estate deal.

The confrontation escalated when Mayweather suggested Smith was exploiting their past friendship for headlines. “You’re supposed to be my brother, but you’re out here spreading lies,” he said, adding fuel to an already contentious feud. Despite Mayweather’s denials, the lack of transparency about the $402 million deal has left room for speculation, with some questioning whether the truth lies somewhere in the middle.

A Web of Alleged Partners

While Smith’s “full list of partners” remains undisclosed, social media and sports commentary circles have been abuzz with theories. Some speculate that Mayweather’s inner circle, including longtime associates in his promotional company, Mayweather Promotions, could be implicated. Others point to potential ties with real estate brokers or investment firms that may have facilitated the deal’s announcement without proper vetting. Without verified names or documents, however, these claims remain conjecture, and Smith’s refusal to provide specifics has drawn criticism from those demanding accountability.

The controversy has also reignited Mayweather’s long-running feud with rapper 50 Cent, who seized the opportunity to mock his former friend. On Instagram, 50 Cent posted a clip of Smith’s allegations, captioning it, “Damn Champ, they caught you CAPPIN. Time for another exhibition! LOL.” The jab underscores the public’s divided reaction—some see Smith’s claims as a legitimate exposé, while others view it as sensationalism targeting Mayweather’s larger-than-life persona.

The Bigger Picture

Beyond the headlines, the scandal raises broader questions about transparency in celebrity business ventures. Mayweather, who retired with an undefeated 50-0 record and amassed a fortune through boxing and endorsements, has long positioned himself as a financial role model. His fall from grace, if true, would mark a stark contrast to his carefully curated image. For Smith, the allegations are a double-edged sword—while they’ve amplified his platform, they’ve also invited scrutiny over his credibility without substantiated evidence.

The boxing community remains split. Some, like analyst Ramon Musa, argue that Mayweather’s legacy as a fighter shouldn’t be overshadowed by unproven financial missteps. Others, including fans on social media, believe the allegations fit a pattern of questionable business moves by the former champion. “If Floyd’s really broke, it’s a cautionary tale about living too large,” one commenter posted on X.

What’s Next?

As the saga unfolds, all eyes are on Mayweather to provide clarity about his real estate ventures and on Smith to back up his claims with evidence. Legal experts suggest that if fraud is proven, Mayweather could face significant repercussions, though no formal charges have been filed. For now, the absence of public records supporting the $402 million deal continues to cast a shadow over Mayweather’s narrative.

The feud between Smith and Mayweather shows no signs of cooling off, with both men doubling down on their positions. Whether this is a genuine exposé or a high-profile misunderstanding, one thing is clear: the story of Floyd Mayweather’s alleged $402 million fraud has captured the public’s imagination, blending sports, drama, and the allure of a fallen icon. As April 18, 2025, marks another day of speculation, the truth remains just out of reach—but the spotlight burns brighter than ever.