Boxing icon Floyd Mayweather is reportedly facing the possible revocation of his United States passport over an unpaid tax bill exceeding $7.25 million, according to reports citing Ring Magazine journalist Mike Coppinger.
The 49-year-old former world champion, who earned more than $1 billion during his boxing career, has allegedly been notified by the Internal Revenue Service of its intention to involve the Department of State due to what is described as a seriously delinquent tax obligation.
Authorities say Mayweather could avoid losing his passport by paying the debt in full or entering into a repayment or settlement arrangement with the Department of Justice.
Other possible options include proving financial hardship, demonstrating identity theft, or filing for bankruptcy to contest the debt status.
The reported IRS notice was issued in late March, just weeks before Mayweather announced an exhibition bout scheduled for June 27 in Athens against Greek kickboxer Mike Zambidis, a fight that now appears uncertain amid the ongoing dispute.
The situation adds to a series of financial and legal challenges emerging around the retired boxer in 2026, despite his previously reported massive career earnings.
Separate legal filings have also surfaced in recent months, including a lawsuit from a luxury New York City property owner alleging unpaid rent exceeding $330,000 after Mayweather reportedly stopped payments in mid-2025. Another case accuses him and associates of failing to pay over $100,000 for a private charter flight to Turks and Caicos.
At the same time, Mayweather has been involved in other financial disputes, including claims against Showtime over alleged unpaid funds tied to broadcast agreements. The network’s parent company, Paramount, has rejected those allegations, describing them as baseless.
Reports also indicate that Mayweather has been liquidating assets, including the sale of private aircraft and high-value properties in recent years, as financial pressures continue to mount alongside ongoing legal battles.