Floyd Mayweather and Logan Paul are slated to have an exhibition match on June 6th, but Money isn’t happy about the location at all.

According to documents obtained by TMZ, Mayweather is suing PAC Entertainment Worldwide because his fight against Logan Paul was supposed to go down in Dubai. Now Mayweather wants $120 million.

It is alleged that PAC claimed to have “numerous business contacts in Dubai,” and they also “had the financial wherewithal and capability to host a fight of this magnitude.”

Mayweather Promotions also says that PAC “presented financial projections estimating the fight could generate guaranteed amounts for each participant, plus result in the promoters earning more than $100 million in profits after covering all purses and expenses.”

Mayweather Promotions liked the pitch and claims it signed a deal requiring PAC to pay a minimum guaranteed amount of $110 million on a “prescribed payment schedule.”

Mayweather Promotions claims their 1st payment of $30 million was due on March 25, 2021, but the money never arrived. Now they are suing for $110 million because that missed payment triggered a clause to cancel the deal.

It was said in the lawsuit that the cancelled Dubai location caused them to scramble and find a new spot for the fight. They landed on Miami on June 6th instead.

H Jenkins

Years of experience in writing, journalism, and digging exclusive insider info for Ringside News opened the door for a new opportunity for Jenkins. With a history in finance, he broke into the journalism game by writing on blogs and other freelance websites before branching into sports and entertainment news. Being in tune with pop culture doesn't mean it has to make sense, but he tries. Favorite bands include any group from Seattle who formed between 1991 and 1999. 5 Ozzfests under his belt and 12 Warped Tours, but his last concert was a bluegrass AC/DC cover band that was not 100% terrible.

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