US Court Orders Mayweather to Pay Nigerian Firm $2.4m over Contract Breach
A US court has affirmed the decision that Floyd Mayweather Jr. is required to pay $2.4 million to Zinni Media Concept Limited, a Nigerian firm, for violating the terms of their contract.
According to a statement from Alex Nwankwo, the company’s media executive, Zinni Media reached an agreement with Mayweather to make various appearances in Africa, including one in Nigeria, in June 2017.
However, the former boxer unilaterally terminated the deal without cause & refused to reimburse the company for the advance payment paid for the service. Nwankwo claimed that Mayweather’s legal representatives implied that because the company was not based in the US, the boxer could not make any refund.
“After several unsuccessful attempts to recover the appearance fees from the boxer, the company instituted a legal action against Mayweather in 2018 where it alleged breach of contract, unjust enrichment & fraud against the former champion.