- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Floyd Mayweather owes 2015 federal taxes, asks for installment plan
Posted on 7/9/17 at 8:24 am to bengalbait
Posted on 7/9/17 at 8:24 am to bengalbait
You don't just hold cash for no reason when you have Mayweather money. You turn it into more cash. Being illiquid doesn't mean he blew all his earnings - I'm sure a lot of it is tied up in long-term investments.
Also he probably has enough liquidity to pay what he owes but is being advised he can come out ahead by making the IRS wait and profiting off of it in the meantime. It's the same reason that you'd never want to pay off your entire apartment lease in advance. If you have the money, make it work for you while you can.
Also he probably has enough liquidity to pay what he owes but is being advised he can come out ahead by making the IRS wait and profiting off of it in the meantime. It's the same reason that you'd never want to pay off your entire apartment lease in advance. If you have the money, make it work for you while you can.
7
Posted on 7/9/17 at 8:49 am to The Sultan of Swine
quote:
I'm sure a lot of it is tied up in long-term investments.
Posted on 7/9/17 at 9:06 am to The Sultan of Swine
quote:
I'm sure a lot of it is tied up in long-term investments.
Of course, its tied uo in his balanced portfolio of stocks, bonds, real estste, bitches snd ho's.
Posted on 7/9/17 at 9:07 am to The Sultan of Swine
Yes he still has a lot of money but I ran some rough numbers around the time of the Paq fight, he had blown through half of his career earnings at that time. Hopefully he has invested the rest wisely.
Posted on 7/9/17 at 10:12 am to The Sultan of Swine
quote:
I'm sure a lot of it is tied up in long-term investments.
He brags about keeping ALL of his money in one single Capital One account and has posted proof.
Posted on 7/9/17 at 10:49 am to The Sultan of Swine
Mayweather doesn't believe in banks or investments. All his net worth is in currency including foreign currency. The dude is nothing but liquid.
Posted on 7/9/17 at 11:12 am to The Sultan of Swine
quote:
You don't just hold cash for no reason when you have Mayweather money. You turn it into more cash. Being illiquid doesn't mean he blew all his earnings - I'm sure a lot of it is tied up in long-term investments.
Are you new to American sport athletes?
Posted on 7/9/17 at 11:17 am to The Sultan of Swine
quote:
You don't just hold cash for no reason when you have Mayweather money. You turn it into more cash. Being illiquid doesn't mean he blew all his earnings - I'm sure a lot of it is tied up in long-term investments.
Sounds like you are a bit misinformed about Mayweather. It's well documented that he is very liquid. ESPN wrote an article on him in 2013 where he bragged about only having one account, which was a bank account with $123 million in it.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News