Floyd Mayweather Shares Candid Reason for Splitting with Boxing Prodigy Gervonta Davis

Published 02/23/2023, 7:44 AM EST

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Boxing legend Floyd Mayweather is one of the select few boxers who have made their mark on the business aspect of the sport. Moreover, Mayweather promotions currently have a roster filled with rising stars that could prove to be the future of boxing. Despite this, WBA regular lightweight champion Gervonta Davis recently parted ways with ‘Money’ and is now an independent promoter.

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The partnership between the two started back in 2015 when Mayweather bought Davis under his wing. However, their relationship would start to deteriorate as time went on with ‘Tank’ becoming dissatisfied as he was not pitted against high-level opponents. Now, ahead of his next exhibition bout in the United Kingdom, the former five-division champion revealed the real reason why Davis decided to part ways with him.

Floyd Mayweather gives a brutally honest reason why Gervonta Davis parted ways with him

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In a recent interview with FightHype TV Mayweather gave an honest and candid assessment of Davis’ departure. He claimed that he was a pioneer in the sport who changed the way fights are promoted. He added that he parted ways with TopRank for $750,000 to start his own promotion. This would turn out to be the best decision of his life as he got the majority of profits from his fights with him being his own promoter. Moreover, according to Mayweather, Davis looks to do the same and follow in his mentor’s footsteps.

I think I’m one of the pioneers in becoming one of the of becoming a boxing entrepreneurs meaning that I’m able to buy myself out of the contract. You know everybody knows the story about me buying myself out of the contract for 750,000 to making 750 million in three fights.” he said.

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Since Mayweather started the trend of boxers being their own promoters, many have followed in his footsteps. Moreover, it seems that now Davis will have to figure out how to become a jack of all trades like Mayweather, which he certainly thinks can be done.

A look into Floyd Mayweather’s $750,000 split from TopRank

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Back in 2006, Mayweather decided to part ways with Bob Arum’s TopRank. However, he had to give up $750,000 to break free from his contract which was a lot at the time. Mayweather would get the better of this deal by a long shot as he made $8 million in his next fight. Moreover, he would then get the biggest paycheck of his career to that point after he faced Oscar De La Hoya with a reported purse of $25 million.

USA Today via Reuters

While this move seemed a bit risky at the time, it was the right decision to make. Mayweather decide that he would have long-term control over his career rather than getting ripped off by promoters.

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What did you think about Mayweather speaking up about Davis’ departure? Let us know in the comments.

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Written by:

Sahil Sood

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Sahil Sood is a Boxing writer at EssentiallySports. He earned his Bachelor’s degree in journalism and mass communication, and holds a keen interest in the 'sweet science'. His journey towards following boxing began when he first saw the highlights of Mike Tyson as a teenager, and then closely followed the rise of Floyd Mayweather.
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Edited by:

Arijit Saha

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