Floyd Mayweather has explained why he hasn't paid Logan Paul what he is owed from their exhibition fight last summer.

After the fight the 44-year-old Money Man revealed that he earned around £700 million in total.

However, YouTuber-turned-boxer Paul recently claimed that he is yet to be paid in full for the fight nearly nine months on, despite going the full eight rounds with the 50-0 boxing legend.

But Mayweather, who turns 45 on Thursday, has now insisted that Paul must be patient as it 'takes a while' to count up all the money.

During an appearance on The Pivot Podcast, he said: “This comes with the territory.

“To them, that’s real money, and I like the YouTubers. The money on the back end though, from pay-per-view, that takes a while.

“Nothing comes right away. I’m still collecting cheques from fights seven or eight years ago.

“They just hate when the table is turned. Be happy with the biggest payday you ever got in your life.”

Jun 6, 2021; Miami, Florida, USA; Floyd Mayweather Jr. (Green Trunks) fights Logan Paul (Yellow Trunks) during an exhibition boxing match at Hard Rock Stadium. Mandatory Credit: Jasen Vinlove-USA TODAY Sports

Paul labelled Mayweather a 'f***ing s***bag' after accusing him of not paying him for their exhibition bout in June of last year.

"It's honestly bull****, [having] people who aren't a professional promotional company controlling where the money goes... we made that mistake," Paul told TMZ.

"But it's Floyd Mayweather, so before we fought him we were kind of willing to do whatever [and] after the fact we're shooting ourselves in the foot because he's a f***ing s***bag.

“Now that we know that, and everyone else who fights Floyd should know that, don't let him control the money.”

Mayweather, 44, bought himself out of his contract with Top Rank for $750,000 in 2006 and subsequently went on to become the biggest pay-per-view star in the history of the sport.

And he reckons it was the best decision he ever made as it allowed him to free himself from out of Bob Arum's control.

He added: “The ultimate goal is to go to sleep when you want to and wake up when you want to.

“If you’re not doing that, then someone or something is controlling you. I don’t want to be controlled. I want to be my own boss. 

“That’s why I paid 750 thousand dollars to get out of my first promotional contract. Because I eventually made $750million in just three fights.

“I don’t really care what people believe. No matter what you do, it’s not good enough for everyone. No matter what, they’re going to say what they want to say.

"But the history books, they will say something completely different.”