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Floyd Mayweather Once Dwarfed Michael Phelps’ $100,000 Winnings With $3 Million Bet

Published 11/01/2022, 3:45 PM EDT

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USA Today via Reuters

Boxing legend Floyd Mayweather is widely known for his financial acumen, which is certainly on par with his in-ring skills. The former 5-division champ is currently the richest boxer in the world and has accumulated wealth that will last generations.

Moreover, ‘Money’ proved his skills off the court after he once made $3 million on a bet in Las Vegas. Back in 2012, Mayweather placed a bet on Michigan in its game against Alabama. Luckily for him, Alabama beat Michigan 41-14 with Mayweather getting $3 million for his bet on Alabama.

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Michael Phelps, on the other hand, also cashed in a cool $100,000 that same night. The 23-time Olympic gold medal winner made this in a single game of poker match at Caesar’s Palace, becoming a richer man than he was before. Although Phelps’ winnings are no joke for any ordinary person. Mayweather’s earnings certainly dwarf Phelps’ earnings for the night by a whopping $2.9 million.

Showtime president claims Jake Paul vs Floyd Mayweather would be a much bigger fight than Logan Paul

Mayweather seemingly did the unthinkable after competing with YouTube sensation Logan Paul in an exhibition match. However, Showtime president Stephen Espinoza feels that a bout between Jake Paul and Mayweather would garner much more attention. In an interview with MMA fighting, Espinoza revealed his interest in promoting this potential match-up.

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Moreover, he also added that this bout had a potential bigger than Mayweather’s exhibition with Logan. “Absolutely [we’d be interested] If that’s something that Floyd becomes interested in and he’s got room in his very busy schedule of exhibitions worldwide to do that, I think that has tremendous potential. Maybe even the potential to be bigger than Floyd and Logan [Paul], given what Jake has done as a professional boxer in the meantime,” said Espinoza.

via Getty

With Paul coming off the biggest victory of his career beating UFC legend Anderson Silva, he could very well look for a match with ‘Money’. Paul has also called out the former champ on several occasions to book a professional bout between the two.

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What did you think about Mayweather’s earnings compared to Phelps’? Let us know in the comments.

Watch This Story –  Why Billionaire Floyd Mayweather Can’t Drive a Ferrari but Conor McGregor Can

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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:

Vineet Nandwana