Floyd Mayweather Sued For $400,000 For Allegedly Failing To Pay Jewelry Bill

Category: Sports News

Boxing legend Floyd Mayweather is being sued in federal court for $400,000 after allegedly failing to pay a New York jeweler.

Eric & Co Trading Group filed a lawsuit against Mayweather last week, alleging the retired boxer failed to return jewellery he obtained from the group whilst in Miami for his exhibition match against Logan Paul.

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The payment for the items is valued at $389,550 and includes several gold Cartier diamond bracelets, a $34,000 diamond necklace, $12,000 “iced out choker” and other items.

Mayweather was reportedly able to take the items without paying a deposit because of his relationship with the group.

Eric & Co are also requesting for Mayweather to pay their lawyer fees in the lawsuit.