MAYWEATHER’S ‘THE MONEY TEAM’
Isn’t So Good With Money
Floyd “Money” Mayweather didn’t get his nickname from being great at balancing his checkbook or managing a 401(k). No, “Money” was the nickname Floyd gave to himself, and he created an entire lifestyle brand around it. “The Money Team” (more commonly known as TMT) promotes all things Mayweather, including clothing, training equipment, and other accessories. But don’t let the name fool you: Mayweather is no financial expert. If he did know how to manage his money, he wouldn’t have landed in this month’s celebrity tax evasion article.
So, while The Money Team and Floyd “Money” Mayweather may be great at using the word “money” for promotion, his tax evasion would suggest he’s pretty awful at using real dough properly.
PUZZLE Instead of dodging Pacquiao’s jabs, Mayweather started dodging the IRS. The fight earned Mayweather over $200 million (all of which was taxable income). Because he didn’t pay the $22.2 million in owed taxes from the fight, the IRS was forced to file While TMT was busy promoting his brand and building his fame, the group of people who were supposed to manage his actual money were nowhere to be found. In 2015, Mayweather fought Manny Pacquiao in what was promoted as “The Fight of the Century.” Many critiqued the fight as bland and uneventful, as many of Mayweather’s fights have been throughout his career, but no one expected the lack of action to persist beyond the fight.
a lien, and a battle of words ensued. The IRS “just wants to be part of the ‘Money May’ show,” Mayweather argued. Eventually, he filed a reprieve so he could collect his purse from his recent McGregor fight. This wasn’t an isolated incident for Mayweather. In the past 10 years, several liens have been filed by the IRS against Mayweather. Many people speculate that Mayweather took the McGregor fight just so he could pay the massive amount he already owes to the IRS. The only way to get the IRS to release a lien is to pay up or post a bond guaranteeing payment.
PASTA WITH TURKEY AND BROCCOLI
Ingredients
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3/4 pounds pasta (shells or orecchiette)
2 cups broccoli florets 3 tablespoons olive oil 1 pound ground turkey 2 cloves garlic, chopped
1/2 teaspoon crushed red pepper
Salt
Parmesan cheese
Directions
1. Cook the pasta according to package directions. Add broccoli when pasta is 1 minute from done. Drain both and return to pot. 2. Heat 1 tablespoon olive oil in a skillet over medium-high heat. Add the turkey, garlic, crushed red pepper, and a pinch of salt. Cook while breaking up meat with a wooden spoon for 3–5 minutes. 3. Combine turkey with pasta and broccoli mixture, adding the remaining olive oil as you stir. Serve in bowls topped with Parmesan cheese.
(Recipe inspired by realsimple.com)
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