A couple of weeks ago Snoop Dogg paid a highly publicized visit to the Mayweather Boxing Club in Las Vegas, where he was treated to a tour of the facility before chopping it up with Floyd. With the press invited to document the visit as part of the promotional build up to the cross-sport boxing event of the millennium, many snippets and clips of the meeting would rear up on the internet, and the visit was briefly shown during one of Showtime's episodes of 'All Access.' But Snoop was there to get a piece of the media pie himself, and on Wednesday, August 23, his GGN podcast featuring Floyd Mayweather Jr. was finally released. During their sit down they talked boxing, but they also talked business, with the legendary West Coast rapper underscoring how highly he regards Floyd's business accumen. One thing Snoop was curious to know, was whether, and how, Floyd passes down his game to the fighters he mentors.
Fans who tune in early for Saturday's highly anticipated event at the MGM Grand in Vegas will first get a look at some of the prospects in Floyd's stable, as history's most prolific boxer/businessman was sure to line the card up with competitors from his own Mayweather Promotions company. A match featuring cruiserweight Andrew Tabiti will be followed by a showdown featuring Light Heavyweight Badou Jack; both of whom are signed to The Money Team boss. And just before Floyd and Conor take center stage his most coveted prospect Gervonta Davis will be putting his Super Featherweight title on the line, thereby giving exposure to the big three Floyd will entrust in to carry the Mayweather name after he likely retires with a 50th win. But will they have the smarts it takes to survive the boxing business after giving the beatdowns? According to Floyd, that sense for the business is definitely something Mayweather Promotions tries to instill in its fighters.
"What I tell them is this. I had to learn. You know, it wasn't easy, it didn't happen over night for me. It was a couple of bumps in the road. But, I believe in just putting fighters in a position to get a monthly check for the rest of their lives," Floyd told Snoop. "Like when you have a young guy right now, I say: 'yea, would you take $200k a month for the rest of your life? Or if I give you a hundred million right now, would you take it? With the mind frame that I got now, I know what I would do with the hundred million. But still, if I was a young fighter... Because if you have a hundred million and you don't have a game plan, you really don't have a hundred million. You're still broke."
Floyd Mayweather would know a thing or two about money management. With the guidance of long-time partner Leonard Ellerbe and his team, he's been able to accumulate a net worth bordering $700 million and is hoping that the McGregor fight will make him enough bank to become just the third billionaire athlete, behind Michael Jordan and Tiger Woods.
