Mo Money? Mo problems for Floyd Mayweather & Jona Rechnitz
The lawsuits keep piling up. So do the size & fame of their enemies.
It’s never a dull moment in the world of Floyd Mayweather and his top associate/fixer Jona Rechnitz.
In the last two weeks, Manny Pacquiao’s team is threatening a breach of contract lawsuit against Mayweather over allegedly changing the terms of their upcoming September fight.
Mayweather allegedly wants the bout to be an exhibition rather than an official professional bout.
Pacquiao’s promoter is accusing Mayweather of taking a large cash advance from this Netflix fight.
Mayweather’s side is allegedly considering other site options for their September fight rather than the contractually agreed-upon Sphere in Las Vegas.
Then there’s Showtime, which was recently named as a defendant by Floyd Mayweather in his $340M lawsuit claiming that all sorts of individuals — not named Al Haymon — allegedly misdirected cash from his fights. Read that legal complaint here.
Listen to Zach & Nate talk about Floyd’s lawsuit against Showtime here:
Showtime had quite a response to Floyd’s $340M lawsuit. They moved the lawsuit out of state court in Los Angeles and into Federal court.
Showtime then filed a counterclaim, through Big Law firm Loeb & Loeb, arguing for implied indemnification due to someone else breaching their fiduciary duties. Read that counterclaim here.
Long story short? Floyd Mayweather faces various legal issues, some by his own admission as per court filings.
But there are plenty of media articles regarding legal troubles for Mayweather’s longtime top associate, Jona Rechnitz, that also mention Floyd’s name.
Ten years after a guilty plea
The embedded YouTube video at the top of this article is a devastating re-telling of this June 2025 Atavist long-form article on world-famous hustler Jona Rechnitz.
Whether it’s real estate, jewelry, or fight tickets, Mr. Rechnitz made quite a name for himself after a 2016 guilty plea for honest services fraud in New York City.
The Atavist article was published a month after Floyd Mayweather’s attorney, Bobby Samini, filed a lawsuit in the Southern District of New York Federal court against the publication Business Insider which published a series of damning allegations regarding Mayweather’s real estate ventures in New York.
This was the article that triggered Mayweather’s lawsuit in SDNY.
Mayweather’s lawsuit didn’t deter Business Insider from publishing additional articles about his financial problems. Including this June 2025 article on Floyd’s gym business and this February 2026 article on allegations of delinquent rent payments.
Business Insider hired powerhouse Big Law firm Davis Wright Tremaine, LLP to defend them. They promptly filed an anti-SLAPP motion to strike (in the form of a counterclaim, per New York civil procedure) last October.
That counterclaim provided an avenue for Business Insider to produce lots of discovery for public viewing in court filings. Included in this document production are e-mails allegedly from Jona Rechnitz and call transcripts.
In May of 2025, Floyd Mayweather publicly defended Jona Rechnitz by saying that he trusts him.
Rechnitz has been at Mayweather’s right hand through his blockbuster break into New York real estate and the launch of his firm Vada Properties. The undefeated world champion since October has invested $402 million in affordable housing, $100 million in luxury rentals, sunk his teeth into trophy office and bagged a big stake in the former Versace Mansion, now a Miami Beach luxury hotel.
“I trust Jona — not just 10 percent, 20 percent — 100 percent,” the professional athlete and less-seasoned real estate investor said on stage to audience applause and a few whistles.
Rechnitz pleaded guilty in 2016 to conspiracy to commit honest services wire fraud (he bribed NYPD officers), then served as a key cooperating witness to federal prosecutors in several high-profile corruption trials, including one into the NYPD.
Now, about that 2016 guilty plea and how Jona Rechnitz has avoided — so far — serving his prison sentence…
