The drama surrounding Floyd Mayweather Jr.’s bout with Logan Paul next month took another turn after the boxing legend filed a $122.6 million lawsuit against an entertainment company for failing to bring the bout to Dubai.
In a lawsuit obtained by TMZ Sports this week, Mayweather Promotions is alleging PAC Entertainment Worldwide failed to make good on their pitch that they could host the fight in Dubai, citing their “numerous business contacts” and “financial wherewithal and capability to host a fight of this magnitude.”
According to the documents, the company “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 claimed they signed a deal with a guaranteed amount of $110 million, but PAC never delivered on the first payment of $30 million that was due in March.
Mayweather’s camp was able to back out and eventually get a deal with Fanmio Boxing for the June 6 exhibition match that will take place at the Hardrock Stadium in Miami.
The match will be televised on Showtime pay-per-view.
