Floyd Mayweather has been ordered to pay nearly $340,000 after a New York judge entered a default judgment against him in a rent dispute tied to a luxury Manhattan condo he leased at $100,000 a month. The ruling caps a lawsuit from the building's owners, who accused the retired boxer of walking away from his payments at the Baccarat Hotel and Residences.
Mayweather signed the lease in late 2024 for a unit at 20 W. 53rd St. in Midtown Manhattan, agreeing to pay $100,000 per month, according to PEOPLE. The residence, owned by Leila and David Centner, featured five bedrooms and a private terrace. Leila and David Centner said they originally purchased two separate units in the building in 2016 for $15.3 million and later combined them into one multilevel home.
Accounts Differ on When Payments Stopped
Reports conflict on exactly when Mayweather allegedly stopped paying. CityRealty reports the owners allege he stopped paying rent and broke the lease in June 2025, while PEOPLE's account of the lawsuit states he failed to pay rent from July through November 2025. The Centners initially claimed Mayweather owed more than $500,000 in unpaid rent and related damages.
According to the same PEOPLE report, Mayweather agreed to settle the outstanding balance of $515,834.25 by December 2, 2025, but allegedly failed to do so by that date. The owners claim he made one additional $100,000 payment after the missed deadline but still failed to pay the remaining debt. With that payment and a security deposit factored in, the lawsuit sought approximately $337,736 in contract damages.
Default Judgment Lands Near $340,000
CityRealty reports that a judge ultimately ordered Mayweather to repay nearly $340,000 in back rent, along with fees, interest, and related costs. The Real Deal separately described the outcome as a default judgment, reporting that a New York state court judge found Mayweather owes nearly $340,000 in unpaid rent, in an October 28 report from The Real Deal. The figures from both outlets land in roughly the same range, even as the underlying court filings were not available for independent review.
The Baccarat condo at the center of the dispute has since changed hands. CityRealty reports the former Mayweather residence sold for just under $20 million, part of nearly $600 million in recent Manhattan sales activity the outlet tracked.
Real Estate Push Amid Financial Scrutiny
Mayweather, who retired from professional boxing with a 50-0 record, has pursued investments in real estate and other businesses since leaving the ring. Black Enterprise reports he launched a real estate firm in 2024 and acquired a minority stake in a New York-based property portfolio valued at $402 million.
The rent dispute surfaces alongside other reported financial scrutiny. Per the Las Vegas Review-Journal, the Internal Revenue Service filed a federal tax lien exceeding $7 million against Mayweather in April 2026. Mayweather's representatives have denied claims that he is experiencing financial difficulties.
