Floyd Mayweather spent $750,000 which saw his wealth rocket into a new stratosphere.
The boxing legend has left a legacy like no other in the boxing ring, with his mindblowing skillset and technique seeing him end his career as a professional holding a perfect 50-0 record.
Mayweather went solo in 2006 departing Top Rank by paying $750,000Getty
Mayweather is primarily known for his incredible career earnings, where he was responsible for some of the biggest-selling pay-per-view events of all time.
‘TBE’s’ career began at promoter Top Rank, whom helped his career into stardom and a three-weight world champion.
In 2006, Mayweather decided after beating Zab Judah, to active an opt-out clause, going solo and breaking his deal with Bob Arum‘s Top Rank.
It cost him $750,000 but he believes it is one of the best decisions he made during his time in the spotlight.
He said: “My philosophy is never stop getting it. Currency over legacy. Currency over legacy.
“I invested in myself, remember I was with a company, I don’t have to say the company’s name, but I was with this company for a very long time.
“As soon as I bought myself out of my contract for $750,000, I left and in my first fight, I made crazy money when I was my own boss.
“It was one of the best investments I made and in three fights, Canelo, Pacquiao, and McGregor, I made $750million just in three fights.
“So, it’s just all about just being smart, playing chess in the real world, and surrounding yourself with great people and people that believe in you and believe in your goals.
“Always know that you’re not the only smart person in the room.
Mayweather earned huge money by facing PacquiaoGetty
His biggest purse came when beating McGregor 11 years after making his sacrificeGetty
“Surround yourself with smart, intelligent people, and always know there is no limit to how far we can go and how far we can grow.”
Mayweather took his contract and the payout into the offices of former promotion Top Rank and broke off their deal.
It was a huge gamble going solo as an established star at the stage of his career, but one which really really paid off.
The financial incentives came thick and fast after his departure, negotiating huge and lucrative contracts for his fights from thereafter.
His immediate next outing produced his career-high payday as he pocketed $8 million for his win over Carlos Manuel Budimir later that year.
Mayweather quickly became a headline act at Las Vega’s MGM, where he fought on every occasion until the end of his career.
The revenue continued to increase as he fought in some huge events including the likes of Oscar De La Hoya and Ricky Hatton while continuing to win.
But the American’s most profitable paydays started to tumble into his arms towards the end of his career starting from 2013.
He fought and beat rising star Canelo Alvarez in a sizeable scalp, where he pocketed a purse of $41.5 million which later rose.
Mayweather has completed it allGetty
Mayweather then fought and beat rival Manny Pacquiao, earning a mammoth $250 million after it became the highest selling pay-per-view event of all-time.
His final bow in 2017 was the most lucrative payday as his entertaining crossover clash with Conor McGregor saw him earn a record $300 million purse.
This saw his earnings from the three fights get close to the estimated $750 million, while it has been suggested his purses eclipsed a total of $1.2 billion by the end of his career.
He has secured himself financially for live and the investments haven’t ended there, as he has a portfolio of properties and items worth millions.
Most recently the legend is eyeing a $22 million profit if he is able to sell his Los Angeles mega-mansion for around the $40 million mark.
He is also continuing to fight in money-spinning exhibitions, with meetings against the likes of Logan Paul and Deji providing risk-free income.
