Sports fans are reeling after ESPN analyst and outspoken commentator Stephen A. Smith made jaw-dropping claims about Floyd Mayweather’s financial downfall, saying definitively, “He’s done!”
The statement came during a live segment on ESPN’s First Take, where Smith revealed what he called the “final evidence” that proves Mayweather — once celebrated as one of the richest athletes in the world — is now facing a major financial collapse.
“Too Many Red Flags”
Stephen A. didn’t hold back. “We’ve been hearing rumors for years,” he began. “Whispers of unpaid debts, failed business deals, extravagant spending, and a lifestyle that no longer matches his income. But now, it’s no longer a rumor. It’s real.”
According to Smith, multiple insider sources have confirmed that Mayweather is “quietly liquidating assets”, including several of his luxury vehicles and at least two properties in Miami and Los Angeles. A new report from a financial auditing firm — which Smith claims to have reviewed — shows mounting debt and severely depleted cash reserves.
“What I saw was shocking,” Smith said. “This isn’t just a man running into a little financial trouble. This is a man who built a $1 billion empire and is now watching it crumble.”
Luxury Lifestyle Out of Control
Floyd Mayweather, known as “Money” for his flashy lifestyle and massive fight paydays, has never been shy about flaunting his wealth. From $20 million shopping sprees to private jets and $1,000 meals, Mayweather lived large both in and out of the ring. But according to Smith, that lifestyle has caught up with him.
“Let’s be real,” Smith said. “When you’re spending like that — and not bringing in those $100 million checks anymore — it’s only a matter of time.”
Smith also pointed out Mayweather’s recent attempts to stay relevant and generate cash through low-profile exhibition matches around the world — including bouts in Japan, Dubai, and even small venues in the UK.
“These aren’t legacy fights. These are pay-the-bills fights,” Smith said. “And that should tell you everything.”
Alarming Financial Decisions
Smith cited several financial missteps that may have contributed to the downfall, including:
A failed real estate investment in Las Vegas worth over $50 million
Multiple lawsuits from former business partners and ex-employees
Lavish gambling habits, with rumors of seven-figure losses
Tax issues dating back more than a decade
“There’s always been speculation about how liquid Floyd really is,” Smith added. “He made an enormous amount of money, yes — but we don’t know how well it was managed. And from what I’ve seen, it wasn’t managed well at all.”
Fans and Experts React
The internet exploded with reactions following Smith’s broadcast. Fans flooded social media with mixed emotions — some expressing sympathy, others criticizing Mayweather for his perceived arrogance and spending habits.
One user posted on X: “Floyd Mayweather going broke? That’s crazy. But I guess when the money never stops flowing, you don’t think it ever will.”
Another wrote: “Stephen A. just ended Mayweather with facts. If this is true, it’s the biggest financial fall in boxing history.”
Financial analysts agree that while Mayweather still likely holds substantial assets, his cash flow problems may be severe. His current lifestyle, they argue, is unsustainable without major income streams — and at 48, Mayweather’s options are limited.
The End of “Money” Mayweather?
Smith ended the segment with a bold prediction:
“This is it. Floyd Mayweather, the king of cash, is done. Not because he lost in the ring — but because he lost control outside of it.”
While Mayweather has yet to respond publicly to the claims, many now await a potential statement or interview. Whether the boxing icon can recover or will continue to spiral financially remains to be seen.
But if Stephen A. Smith’s evidence holds true — one of the most financially dominant careers in sports history may be coming to a dramatic and humbling end.
