In a November Instagram post, retired boxer Floyd “Money” Mayweather posed with stacks of hundred-dollar bills on a private plane with the caption “I just be minding my business!”
The owners of the condo at the Baccarat Hotel and Residences that Mayweather rented in 2024 for $100,000 per month apparently wish the boxer-turned-investor would be minding his rent.
Mayweather stopped paying rent in the middle of last year, and now owes over $330,000 in unpaid rent and other damages, a limited liability company tied to the unit claimed in a lawsuit filed in New York state court.
Leila and David Centner, Miami-based entrepreneurs, bought two units at the 20 West 53rd Street building for over $15 million in 2016 and combined them, according to public records. Mayweather rented the five-bedroom, five-bathroom apartment that spans the property’s 18th and 19th floors in December 2024.
Mayweather stopped paying rent in July and eventually owed upwards of $500,000 in back rent and other damages, but the owners negotiated a settlement with Mayweather for him to repay the rent and other debt by Dec. 2, 2025, the suit claims.
Instead, Mayweather only paid one of the five months, according to Pulse International Realty’s Rena Kliot, an agent who will be re-listing the unit in the spring.
“He had this post he put up on Instagram with stacks of money in front of him, and they sent it to me and said, ‘well how about using some of that money to pay us,’” Kliot told The Real Deal.
The owners put some of Mayweather’s security deposit towards the allegedly unpaid rent, according to Kliot.
A representative for Mayweather did not immediately respond to a request for comment.
Kliot said she plans to list the home for sale, somewhere between $22 and $24 million, or for rent at $150,000 per month.
Mayweather, who was undefeated in his pro career and made over $1 billion in winnings, has turned to real estate investment for a second career and embarked on a shopping spree in recent years.
Mayweather purchased a minority interest in Black Spruce portfolio last year for $402 million, with an option to buy outright many of the 62 buildings in the portfolio.
He launched a real estate firm in 2024, when he put $100 million in equity towards a joint venture with Go Partners on a luxury rental portfolio valued at $3 billion.
But reporting by Business Insider has raised questions about Mayweather’s financial stability. The publication pointed to foreclosures on commercial properties owned by Mayweather and lawsuits claiming he failed to pay for millions of dollars of luxury items.
Mayweather’s lawyer, Bobby Samini, previously denied the outlet’s reporting, saying he was not “experiencing financial strain.”
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