Boxing icon Floyd Mayweather is reportedly facing the possible revocation of his U.S. passport over an outstanding tax debt exceeding $7.25 million.
According to Ring Magazine journalist Mike Coppinger, the Internal Revenue Service (IRS) has notified Mayweather of its intention to take this step due to what it classifies as a seriously delinquent tax liability. Despite earning more than $1 billion during his illustrious career, the former champion now faces pressure to resolve the issue.
The 49-year-old can avoid losing his passport by settling the debt in full or arranging a payment plan or settlement with the Department of Justice. Other possible avenues include proving financial hardship, demonstrating identity theft, or filing for bankruptcy.
Reports indicate that the IRS first signaled its plan to inform the U.S. Department of State in late March—weeks before Mayweather announced an exhibition bout against Greek kickboxer Mike Zambidis in Athens. The June 27 fight could now be at risk amid the ongoing tax dispute.
Mayweather’s financial and legal challenges appear to have grown in 2026, with multiple claims of unpaid obligations surfacing despite his massive career earnings.
In February, he was sued by the owner of his luxury New York City condominium over $330,000 in alleged unpaid rent. The suit claims he signed a lease in December 2024 but stopped making payments in July 2025.
Another lawsuit, filed in Los Angeles County, accuses Mayweather, his associate Jona Rechnitz, and others of failing to pay $105,690 owed to Jet Set Aircraft for a private charter flight to Turks and Caicos in September.
Amid these issues, Mayweather has reportedly taken steps to raise funds. In December, Business Insider reported that he sold his Gulfstream jet, known as “Air Mayweather,” along with properties in Beverly Hills and Miami. Earlier this year, he also filed a lawsuit against Showtime, alleging the network owes him at least $340 million in a fraud dispute.
Paramount, Showtime’s parent company, has rejected the claims, describing the lawsuit as baseless.
