Floyd Mayweather is on the verge of losing his passport over an unpaid tax bill worth more than $7.25million, according to a bombshell report.
Ring Magazine’s Mike Coppinger claims Mayweather, who earned upwards of $1bn over the course of his legendary boxing career, has been notified by the IRS of its intention to revoke his passport over an unresolved seriously delinquent tax debt.
The 49-year-old can prevent his documents being taken by paying the debt in full or reaching an instalment agreement or settlement with the Department of Justice.
Other options for Mayweather are to establish his tax debt isn’t collectible due to financial hardship or being the victim of identity theft, or file for bankruptcy.
The IRS reportedly informed him of its intention to notify the Department of State in late March, almost a month before he announced his scheduled exhibition against Greek kickboxer Mike Zambidis in Athens.
The bout, which is slated to go ahead on June 27, is now in jeopardy amid his tax dispute.
The Daily Mail has contacted Mayweather’s attorney, Bobby Samini, for comment.
Floyd Mayweather’s passport could be revoked by the US government over a $7.25m tax debt
Mayweather has frequently posted images of himself sitting with larges stacks of cash
Mayweather’s legal problems have been mounting in 2026 amid allegations of unpaid bills. Despite earning a reported 10 figures in the ring, the Michigan native and Nevada resident was sued in February by the owner of his luxury New York City condo for $330,000.
He signed a lease in December 2024 but he stopped paying rent in July 2025, according to a lawsuit filed in February.
During the months Mayweather was allegedly skipping rent, he was simultaneously posting pictures of himself on a private jet surrounded by stacks of cash. One post included the caption: ‘I just be minding my business!’
The Daily Mail also revealed earlier this month that he is being sued once again, this time for allegedly failing to pay a six-figure bill for a private jet to the Caribbean.
That lawsuit, filed in Los Angeles County, accuses Mayweather, his ‘jewelry consultant’ friend Jona Rechnitz and others of stiffing Jet Set Aircraft for a $105,690 charter flight to Turks and Caicos back in September.
Coincidentally, or not, Mayweather has been finding ways to raise his own cash.
In December, Business Insider reported he sold Air Mayweather, his Gulfstream jet, along with his mansions in Beverly Hills and Miami. And earlier this year, he filed a lawsuit against Showtime claiming the network owed him ‘at least’ $340 million over allegations of fraud.
Paramount, which owns Showtime, has dismissed the lawsuit as ‘baseless.’
The boxing legend, who earned upwards of $1bn over the course of his legendary career, has been notified by the IRS of its intention to take his passport
And then there are his upcoming plans inside the ring, where Mayweather is set to fight 59-year-old Mike Tyson in an exhibition before an official bout against his 47-year-old former rival, Manny Pacquiao.
Mayweather won their 2015 bout by unanimous decision, although Pacquiao was clearly bothered by a torn rotator cuff and later underwent shoulder surgery following the uninspiring defeat.
Despite fan disappointment, the bout still generated a reported $600m.
Reports suggest Mayweather and Pacquiao remain in negotiations to finalize their bout later this year, which is expected to take place at either MGM Grand Garden Arena or T-Mobile Arena in Las Vegas on September 19.
A date and location for Mayweather’s exhibition against Tyson is yet to be announced.
