Saturday, June 22, 2024

Bob Arum Paid James Prince $600k in Floyd Mayweather Drama

Bob-Arum-Floyd-Mayweather-Jr*Floyd Mayweather, Jr. is sitting pretty with a lot of good money made from being what many consider to be the best fighter in boxing during his time in the ring.

But according to Bob Arum, things could’ve ended up differently if Mayweather continued with Rap-A-Lot Records CEO James Prince being his manager. Sitting down with ESPN’s “Highly Questionable” on Sunday, the Top Rank creator and CEO reminisced over a an incident involving Mayweather, some of his associates and violence against them with baseball bats held by men who may or may not have been associated with Prince.

Although the incident took place more than a decade ago, details surrounding it are scarce and far from solid. Nevertheless, Arum opened up about the situation, saying the incident stemmed from a fight he set up with Mayweather that was supposed to happen around the time the boxer stopped working with Prince.

While he doesn’t specifically name Mayweather’s opponent, speculation suggests that it likely was his November 2003 bout with Phillip N’dou. By the time the incident was over, Mayweather’s associate, it appeared that Prince’s people assaulted Mayweather’s associates with the bats. As a result, Arum ended up paying something in the range of $600,000 to Prince on Mayweather’s behalf.

“We were at dinner one night and I got a call that there was a disturbance in my gym,” Arum told Dan LeBatard and Bomani Jones without giving away too much in terms of what allegedly happened with Mayweather and Prince or Prince’s perceived role in the situation. “Floyd apparently had asked us not to do a fight in October but to do it in December after James Prince’s contract with him had run out. The disturbance in my gym was that some people came over, with or without the knowledge of James Prince, and proceeded to break a couple of heads of people in Mayweather’s camp with baseball bats. So the gym was splattered with blood. Floyd came to my office the next day and he said, ‘Prince wants his money from the fight that’s coming up.’ I said, ‘Fine, if that’s what you want. I’ll write him a letter of credit.’ Floyd said, ‘Prince don’t do no letters of credit. You better send the cash.’ So I wrote a check, and I made a contract with Prince’s lawyer and he got paid the money that he said he was entitled to as Floyd’s manager.”

Describing Prince, Arum mentioned that the Houston music mogul was always very “business-like” when he worked with him and a “man of his word.”

Arum goes on to say that while he didn’t know whether or not Mayweather and Prince had fell out with each other at the time, when it was all said and done Prince was ultimately paid roughly $600,000.

“Whether [Mayweather] was afraid or whether he was doing the right thing, that’s for Floyd to determine,” Arum told “Highly Questionable.” “This was the percentage of Floyd’s purse that Prince would have been entitled to.”

To see Arum’s interview, check out the video below:

Bob Arum talks saving Floyd Mayweather life from James Prince …Check out legendary boxing promoter Bob Arum talk about the time he saved Floyd Mayweather from James Prince, how he interviewed with the honorable Elijah Muhammad to sign Muhammad Ali, and the crazy partying that happened after the Thrilla in Manila

Posted by Highly Questionable on Friday, January 22, 2016

We Publish News 24/7. Don’t Miss A Story. Click HERE to SUBSCRIBE to Our Newsletter Now!



Please enter your comment!
Please enter your name here


- Advertisement -