Promoter Bob Arum believes Floyd Mayweather’s lavish lifestyle, not a lack of earnings during his career, explains why the unbeaten former five-division world champion continues taking exhibition bouts.
Asked about Mayweather after his planned exhibition in Greece was canceled, Arum expressed sympathy before arguing that excessive spending eventually caught up with his former fighter.
“It’s very, very sad, but Floyd had a great career. He made a lot of money, but in his mind that made him a great genius, great business genius, great genius in life. And because he overrated life, he ran out of money,” Arum said to Fight Hub TV about the 49-year-old Mayweather Jr.
Arum pointed to Mayweather’s expensive lifestyle as the underlying problem.
“No matter how much money you have, you can’t have two big planes, 10 security guards. It’s going to cost you money. So again, I’m really sad to see that happen, but hopefully he’ll get out of it,” Arum said.
Arum’s comments came after Mayweather’s scheduled exhibition against Mike Zambidis in Greece was called off amid an ongoing legal dispute involving CSI Sports Events. The cancellation fueled further speculation about Mayweather’s continued reliance on exhibition fights years after retiring from professional boxing.
The 50-0 former champion reportedly earned hundreds of millions of dollars during his Hall of Fame career, but Arum suggested that even those earnings can disappear when spending continues at an extraordinary level. His next exhibition now remains uncertain amid ongoing legal disputes.
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Last Updated on 2026/06/25 at 10:50 PM
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