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“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, a great business genius, a great genius in life. And because he overrated life, he ran out of money,” stated Arum to Fight Hub TV.
Arum pointed to Mayweather’s spending habits as the rationale he believes the previous champion is dealing with monetary issues.
“You can’t, 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,” stated Arum.
The feedback got here after Mayweather’s scheduled exhibition towards Mike Zambidis in Greece was referred to as off amid a authorized dispute involving CSI Sports Events. The cancellation has fueled renewed hypothesis about Mayweather’s exhibition schedule and monetary place, though the previous champion has repeatedly maintained that his enterprise ventures stay profitable.
Mayweather retired from skilled boxing with an ideal 50-0 report after defeating Conor McGregor in 2017 earlier than shifting his focus to profitable exhibition bouts world wide. While Arum questioned the monetary selections that adopted Mayweather’s profession, he additionally made clear he hopes his former fighter is ready to overcome the reported difficulties.

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