Floyd Mayweather Faces Legal Action Over Unpaid Luxury Condo Rent
Retired boxing legend Floyd "Money" Mayweather, 48, is embroiled in a legal dispute that could tarnish his wealthy persona. The former undefeated champion is being sued by the owners of his ultra-luxurious New York City penthouse for more than $330,000 in unpaid rent and associated damages. This lawsuit highlights a stark contrast between Mayweather's online displays of affluence and his alleged financial obligations.
The Lavish Residence and Lease Agreement
Mayweather was renting an expansive five-bedroom, five-bathroom duplex located within the prestigious Baccarat Hotel and Residences on West 53rd Street in Manhattan. The property, purchased for $15 million in 2016 by Miami-based entrepreneurs Leila and David Centner, spans the 18th and 19th floors of the exclusive building. According to court documents filed in New York state court, Mayweather signed a lease agreement in December 2024 but ceased rental payments in July 2025.
The monthly rent for this opulent apartment was reportedly $100,000, providing access to 4,200 square feet of interior space, including an eat-in chef's kitchen, and an impressive 3,100 square feet of outdoor balcony area. Residents enjoy premium amenities such as the Baccarat Grand Salon and Bar, a fitness center, a swimming pool, a concierge service, and an upscale wellness spa operated by La Mer.
Social Media Posts Inflame Landlords
During the period when Mayweather allegedly defaulted on his rent payments, he actively posted content on social media showcasing his substantial wealth. In one notable instance, he shared images of himself aboard a private jet surrounded by piles of cash, captioned with the phrase, "I just be minding my business!" Another video from September 2025 depicted him gathering stacks of money into a plastic bag while declaring, "You know, people only talk about winners. I'm a winner. So, continue to talk."
Realtor Rena Kliot, who is currently relisting the apartment for sale or rent, informed the Daily Mail that these posts particularly angered the property owners. They noted that Mayweather was approximately four months behind on rent at the time of the November social media upload. Prior to initiating legal proceedings, the Centners attempted to negotiate a settlement, requesting that Mayweather settle his outstanding balance plus damages by December 2025. However, the lawsuit alleges he only fulfilled one of five required payments.
Financial Struggles and Additional Legal Battles
This rent dispute is not an isolated incident in Mayweather's financial history. Despite earning over $1 billion throughout his boxing career and once being ranked as the world's wealthiest boxer and the tenth wealthiest athlete of all time by Sportico, he has faced multiple monetary challenges. In 2024, he secured millions in mortgages on his residential properties and encountered various lawsuits and liens related to assets such as a Mercedes Maybach G-Wagon, jet fuel, watches, jewelry, and even garbage collection services at his Las Vegas mansion—claims he has contested.
Mayweather ventured into real estate by founding Vada Properties in 2024, but he has also divested significant assets. Reports indicate he sold his Gulfstream jet, dubbed "Air Mayweather," in December, along with his mansions in Beverly Hills and Miami. Additionally, in 2017, he paid $22 million in back taxes to the IRS.
Concurrently, Mayweather filed a separate lawsuit on Tuesday against Showtime Networks, alleging he is owed hundreds of millions of dollars in fight earnings that were fraudulently diverted by the company to his former manager, Al Haymon. The complaint, lodged in California state court, accuses Showtime of engaging in prolonged "financial manipulation and self-dealing," seeking $340 million in damages for fraud.
Property Details and Market Value
The Baccarat Residences, comprising sixty condominiums situated above the Baccarat Hotel, is regarded as one of New York City's most exclusive residential buildings. Kliot describes Mayweather's former unit as "an absolute stunner" and "drop dead gorgeous," featuring a custom duplex design with a wraparound balcony that offers unparalleled views. She plans to list the property for sale at an estimated price between $22 million and $24 million, with a potential rental rate of $150,000 per month.
At one stage, the owners applied a portion of Mayweather's security deposit toward the unpaid rent. Neither Mayweather nor his legal representatives have responded to requests for comment regarding the lawsuit. As the legal proceedings unfold, this case underscores the complexities of maintaining a lavish lifestyle amidst financial and legal scrutiny.
