Floyd Mayweather Jr. failed to honor a settlement agreement for a Manhattan luxury duplex, resulting in a default judgment against the retired boxing champion. A New York state court judge ordered the former heavyweight to pay approximately $340,000. The sum covers unpaid rent, late fees, interest, and legal costs associated with the property at 20 West 53rd Street.
The dispute traces back to December 2024, when Mayweather leased the 18th- and 19th-floor unit from Miami-based entrepreneurs Leila and David Centner. The couple had combined two adjoining units, purchased for over $15 million, to create a five-bedroom residence. They set the rent at $100,000 per month, a figure that reflects the ultra-luxury status of The Baccarat Hotel and Residences.
Mayweather reportedly stopped making payments midway through 2025. The Centners, acting through an LLC, initially sought around $500,000 in damages. Both parties eventually reached a settlement requiring Mayweather to clear the balance by December 2, 2025. He paid for one month, then went silent. The owners allege he ignored their calls and court complaints, even as he posted images of stacks of cash on Instagram.
The financial standoff ended in a judgment, not a resolution. The Centners moved quickly to exit their investment, selling the duplex for $20 million last week. The sale appears in property records, marking a substantial profit for the owners who initially spent more than $15 million on the renovation.
This legal setback adds to Mayweather’s recent financial troubles. In September, he dropped a lawsuit against former investment manager Jona Rechnitz, whom he had accused of misappropriating $175 million. With the apartment sold, the $340,000 judgment remains a direct liability for the boxer, who now faces collection efforts from the Centners’ legal team.