Pacquiao Promotions CEO Jas Mathur seeks greater than $8.3 million as Floyd Mayweather’s enterprise disputes proceed increasing.
Manny Pacquiao’s promotion chief has dragged Floyd Mayweather’s former cash man into an $8.3 million court docket battle filled with expensive allegations.
Jas Mathur, CEO of Manny Pacquiao Promotions, sued Jona Rechnitz and his father Robert in California Superior Court docket, in line with Boxing Insider.
Pacquiao shouldn’t be a plaintiff, and Mayweather shouldn’t be a defendant, however the criticism locations each champions inside Rechnitz’s tangled enterprise community.
Mathur accuses Rechnitz of fraud, theft, asset conversion and violating fiduciary duties and a previous settlement throughout their practically decade-long relationship.
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The criticism calls his alleged conduct “a calculated and relentless playbook of lies, damaged guarantees, and outright theft.” The lawsuit seeks punitive damages, amassed curiosity, and authorized bills, along with Mathur’s claimed monetary losses, totaling greater than $8.3 million.
Mathur alleges Rechnitz used a clean test bearing Mayweather’s signature to acquire 5 luxurious watches earlier than pawning them with out Mayweather’s approval.
He additional claims Rechnitz displayed trust-account statements, repeatedly promised fee and later engineered the seizure of Mathur’s $1 million Ferrari.
Neither Rechnitz defendant has publicly answered the allegations, leaving their facet absent from the present court docket battle.
Rechnitz’s legal professional beforehand referred to as Mayweather’s separate $175 million fraud criticism “completely baseless” and stated obtainable information contradict Mayweather’s allegations.
“He added that his purchasers intend to defend the case and that he believes Mayweather will find yourself paying damages to them.”
The dispute provides one other barrier after the proposed Pacquiao-Mayweather rematch was postponed amid overlapping contracts and battles over promotional rights.
Pacquiao’s camp blamed “a risky mixture of federal lawsuits, scheduling overbooks, and monetary gridlock utterly surrounding the Mayweather camp.” Mathur individually stated, “The identical battle was double bought.”
Mayweather’s courtroom issues date by means of the requested interval, together with a 2022 counterclaim involving a deliberate Dubai exhibition in opposition to Logan Paul.
A person sued Mayweather and Lil Uzi Vert in 2024 over an alleged 2023 road assault, which the rapper’s consultant firmly denied.
Throughout 2026, two jewelers and a Manhattan landlord sued Mayweather over alleged unpaid payments, whereas a constitution firm pursued $105,690.
CSI Sports activities Occasions additionally seeks $4.65 million from advances tied to proposed Tyson and Pacquiao bouts, one other lawsuit Mayweather disputes.
In the meantime, Mayweather launched $340 million claims in opposition to Showtime and a $175 million case in opposition to Rechnitz and several other enterprise associates.
The Pacquiao rematch stays postponed indefinitely whereas Mathur’s newly introduced criticism awaits responses from Jona and Robert Rechnitz.