“Although the taxpayer has substantial assets, those assets are restricted and primarily illiquid,” #Mayweather‘s petition stated, per the legal website Law360 (h/t ESPN.com’s Darren Rovell). “The taxpayer has a significant liquidity event scheduled in about 60 days from which he intends to pay the balance of the 2015 tax liability due and outstanding.”
Mayweather, 40, made $220 million alone from his 2015 fight against Manny Pacquiao. It is unclear how much he owes the IRS in taxes.
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