Boxing

Floyd Mayweather.

Floyd Mayweather pays all-cash for new $7.7 million home

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When it comes to Floyd Mayweather, the first thing you associate with him, aside from his illustrious boxing career, is money. It is basically his adopted middle name, after all.

From flashy social media posts documenting his lavish lifestyle, to press conference boasts about his wealth, the now retired boxing great has never been shy about showing off his riches. When you're net worth is reportedly over $600 million, it is probably hard not to.

'Money' Mayweather's latest purchase, however, and the way he went about buying it, might just outdo anything he has done before.

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As reported by the Los Angeles Times' Neal J. Leitereg, Mayweather recently bought a luxury, "ultramodern" home in the Miami Beach area for a cool $7.7 million.

The most remarkable part of the deal, though, was the fact that the 39-year-old paid for all $7.7 million worth of the 5,200 square foot property in cold, hard cash.

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Usually having that many dollar bills lying around is reserved for the likes of Scrooge McDuck, but Floyd Mayweather isn't your typical kind of person.

You only have to look at his Instagram account to see countless pictures of him posing alongside stacks of cash. Slicing a bit off the top isn't a problem for him.

So what does the five-division champion get for the big money property purchase?

Again per the LA Times, alongside five bedrooms and five bathrooms, the Miami Beach house also has a floating staircase (whatever that means), a rooftop kitchen, an 80-foot long dock for his boats and a 10-foot-high security wall surrounding it.

One other interesting detail does also suggest Mayweather is every bit as good a negotiator when it comes to the property market as he was when putting together one of his high-profile Las Vegas pay-per-view bouts.

Although $7.7 million is still a hefty chunk to hand out for a house he won't even live in full time, the price on the original listing was $8.49 million.

It looks like being able to stump up the cash in one go (we like to imagine in one giant briefcase) helped towards a saving of almost three quarters of a million dollars.

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Whether that matters so much to a guy like Mayweather, however, is unclear. Only recently he bragged about making seven figures in one month just by sitting on his couch, while he was reportedly seeking over $100 million to come out of retirement and fight Conor McGregor.

When you deal in numbers like that, the difference between $7.7 million and $8.49 million probably doesn't seem so huge.

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Topics:
Boxing
Muhammad Ali
Floyd Mayweather
Manny Pacquiao

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