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Floyd Mayweather, Mayweather Promotions May Not Be Doing So Well

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Serial woman-beater, boxer, and founder of Mayweather Promotions, Floyd Mayweather, may be in financial troubles right now according to many sources close to the athlete.

It was revealed Tuesday that Mayweather Promotions, the boxing promotional company named after and started by “Money Mayweather,” was among the many thousands of small businesses nationwide that applied for financial assistance through the Paycheck Protection Program. 

Let’s quickly recap: the Paycheck Protection Program (PPP) is a federal loan program spawned from the economic impact of the COVID-19 pandemic on the country. Essentially, businesses of a certain size are eligible for a 100% forgivable loan if they continue to pay all their employees. Protecting the paycheck, right?

Whose paycheck?

It is estimated that Floyd Mayweather made over $300 million in 2019 alone and over $915 million from 2010 – 2017. For the 2010’s, he was the highest paid athlete in the world, so why did his company ask for between $350k and $1 million in economic aid? Why is he charging $999 for personalized shoutouts? 

Via Instagram, Floyd joined the website, Cameo (think: “OnlyFans” for celebrities), and is charging folks the almost-$1k fee for custom messages. Pretty surprising for a guy who nicknamed himself “Money,” has been unabashedly vocal about his money, and frequently posts obscene pictures of himself posing with unbelievable amounts of cash.

During the coronavirus pandemic, more than 40 million Americans have applied for unemployment benefits with most receiving $600 or less per week. While many have worried where their next meal will come from, where their rent money will come from, Floyd has made business moves. Check out his recent posts to see what we mean.

While many Americans have been irrevocably f*cked by our good sis ‘Rona, Mayweather posted his closet.

View this post on Instagram

Another part of my closet.

A post shared by Floyd Mayweather (@floydmayweather) on

But his company, Mayweather Promotions, can ask for federal assistance? FAFSA, but for businesses?

Eat the rich.

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Frank Ocean’s Brother Ryan Breaux Has Died In A Car Crash

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Frank Ocean’s brother, Ryan Breaux, 18, was in a fatal car crash in Thousand Oaks, California this Sunday. His identity has not yet been confirmed by the medical examiner, but friends on the scene identified him to ABC7 News. An outpouring of support and well-wishes followed. (As well as the usual insensitivity.)

We here at King Of Reads want to wish Frank Ocean and his family well in this time of grieving. So much is happening in this world, we only hope they can find a moment of peace in the near future.

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Ellen DeGeneres Might Be Out Of A Job

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After years of rumors, Ellen’s behind-the-scenes behavior is being shot into the mainstream, and… it isn’t pretty. The national uprisings have made the people bold. We’ve created a culture of protest, and that means workers are starting to speak out about the abuses they’ve faced, knowing that, honestly, it doesn’t get much worse than the lay-offs and cut hours they’ve already faced because of COVID-19. It all started with a Twitter thread:

Soon, the stories started pouring in. Before we knew it, Buzzfeed was busting this story wide open. “Ellen”, apparently, was a toxic work environment where there things like racism were allowed to float about unchecked. There were countless other reports of Ellen being a diva who didn’t want “unauthorized” people looking at her. Hell, they said she didn’t even tell her workers whether they’d be paid during the pandemic. She cried an apology.

Ellen DeGeneres
“Ellen”

This weekend, the nail met the coffin as a number of outlets reported that James Corden was posed to replace Ellen. Nearly all publications were quick to suggest that this is just rumor, since Ellen is set to return to her show soon, but rumors come from somewhere. I’ve worked in and around Hollywood for a long time. Ms. Ellen’s business wouldn’t be in these streets if WarnerMedia wasn’t planning to put her out there with it.

If you wanna learn more. The Washington Post’s nosey ass has all the details. In the meantime, please enjoy these tweets: #TiffanyPollardForEllen

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50 Cent Apologizes To Megan Thee Stallion for Jokes About Shooting

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50 Cent did something he doesn’t ever do, no not respect Black women, but he finally apologized for his trash jokes on social media. 50 cent and other male celebrities joined in on the jokes and memes of Megan Thee Stallion shooting incident.

This is was what he had to say via his Instagram.

“Damn I didn’t think this s**t was real,🤦‍♂️It sounded so crazy,” the rapper captioned a clip from Meg’s IG Live. “@theestallion I’m glad your feeling better and I hope you can accept my apology. I posted a meme that was floating around. I wouldn’t have done that if I knew you was really hurt. Sorry.”

It’s the “I wouldn’t have done that if I knew you was really hurt.” for me. Why do you need Black women to validate that they are hurt for you to show some respect? She was shot. SHOT! What’s not clicking? This isn’t the first and probably won’t be the last time he clowns a Black woman. Remember where he made ignorant comments about all Black women being angry?

No word if Megan has accepted the apology or not. She doesn’t need to.

Thoughts?

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