Floyd Mayweather Drops Lawsuit Against Business Insider

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May 12, 2026 - 15:03

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Floyd Mayweather Drops Lawsuit Against Business Insider

Floyd Mayweather's Lawsuit Against Business Insider Dismissed with Prejudice — Photo by Kate Frese/NBAE via Getty Images

Floyd Mayweather’s $100 million legal battle against Business Insider has officially come to an end.

Court records show the lawsuit was voluntarily dismissed with prejudice this week, meaning Floyd Mayweather cannot bring the same claims against the publication again. Business Insider’s counterclaims were also dropped, with both sides agreeing to cover their own legal fees and costs. A judge signed off on the dismissal on Tuesday, May 5.

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“We’re pleased that Floyd Mayweather, Jr. has dropped his lawsuit and that we can definitively put these meritless allegations to rest,” a Business Insider spokesperson said in a statement to Front Office Sports.

A representative for Mayweather confirmed the dispute had been resolved, saying the boxing icon is now focused on “business ventures and scheduled fights in the near future.”

The lawsuit stemmed from reporting on Mayweather’s real estate activity, including highly publicized claims about a proposed purchase of a 62-building Manhattan apartment portfolio. Business Insider reporter Daniel Geiger reported last year that there was “no evidence there has been a sale,” which led Mayweather to accuse the outlet of defamation and attempting to damage his reputation.

The complaint alleged Geiger engaged in a “campaign of harassment and defamation” and accused the reporter of intentionally undermining Mayweather’s business ventures. Business Insider denied the allegations in court filings and argued that Mayweather failed to meet the legal standard for proving defamation against a public figure.

The dismissal arrives during a turbulent stretch for the retired champion outside the ring. In recent months, Mayweather has been hit with multiple lawsuits and financial disputes, including a reported $7.3 million IRS tax lien tied to unpaid taxes from 2018 and 2023.

Separate lawsuits have also accused him of failing to pay rent on a luxury Manhattan apartment and owing millions to jewelers over luxury watches and chains.

At the same time, Mayweather has continued filing lawsuits of his own. Earlier this year, he sued Showtime Networks and former Showtime Sports executive Stephen Espinoza for more than $340 million over what he described as “misappropriated funds” related to prior fight deals.

He also filed a lawsuit against a Las Vegas supercar dealership over a disputed $1.2 million Maybach purchase.

Despite officially retiring from professional boxing in 2017 with a 50-0 record, Mayweather has remained active through exhibition bouts and comeback events.

He is currently linked to a rematch with Manny Pacquiao scheduled for September at the Sphere in Las Vegas, while a previously announced exhibition against Mike Tyson has faced uncertainty in recent weeks.