Floyd Mayweather opens up on cheeky contract trick that made him $750million
Floyd Mayweather has opened up on how he wrangled himself out of contract limbo to bag himself $750million.
There are not many boxers in the world who can boast the kind of record that Mayweather has – going 50-0 in an incredible career.
It saw him win 15 major world championships across five different weight classes from super featherweight to light middleweight.
But as well as dicing with the best in several weight divisions, the American was renowned for his jaw-dropping career earnings.
Some of the total revenues of his big fights are difficult to comprehend with some including his clashes against Canelo Alvarez ($150m), Manny Pacquiao ($400m) and Conor McGregor ($370m).
From these three fights, Mayweather earned a fair chunk totalling around $750m in just three fights – decisions he made after splitting from his promoters.
Money’s started out with promoter Top Rank alongside the legendary Bob Arum, who helped him become a huge star.
But in 2006, Mayweather wanted to go another way and activated his opt-out clause after beating Zab Judah.
The option forced the boxing supremo to fork out $750,000 to end his contract with Top Rank early and go solo.
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And it ended out being one of the best decisions he ever made in his career.
He said: “My philosophy is never stop getting it. Currency over legacy. Currency over legacy.
“I invested in myself, remember I was with a company, I don’t have to say the company’s name, but I was with this company for a very long time.
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“As soon as I bought myself out of my contract for $750,000, I left and in my first fight, I made crazy money when I was my own boss.
“It was one of the best investments I made and in three fights, Canelo, Pacquiao, and McGregor, I made $750million just in three fights.
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“So, it’s just all about just being smart, playing chess in the real world, and surrounding yourself with great people and people that believe in you and believe in your goals.
“Always know that you’re not the only smart person in the room.
“Surround yourself with smart, intelligent people, and always know there is no limit to how far we can go and how far we can grow.”