The IRS still has Floyd Mayweather Jr. on the hook for $7.2 million in taxes from 2010, according to records that show a lien as unresolved for the year he fought Shane Mosley.
That's on top of the $22.2 million the undefeated boxer nicknamed "Money" owes in 2015 taxes, when he earned $200 million for a fight against Manny Pacquiao. He brushed off the tax debt in comments to reporters Tuesday at the start of his tour to promote an Aug. 26 boxing match against Irish MMA star Conor McGregor.
FINANCES
Cowboys top Forbes list
The Dallas Cowboys are worth $4.2 billion, making them the most valuable sports franchise for the second straight year, according to Forbes. In its annual rankings, Forbes placed the New York Yankees second — up from fourth a year ago — with a value of $3.7 billion.
Next are three soccer clubs: Manchester United ($3.69 billion), Barcelona ($3.64) and Real Madrid ($3.58).
The rest of the top 10 includes the New England Patriots ($3.4 billion), New York Knicks ($3.3 billion), New York Giants ($3.1 billion), San Francisco 49ers ($3 billion) and Los Angeles Lakers ($3 billion).
NBA
League aims for faster games
The NBA Board of Governors has unanimously approved some changes that potentially will eliminate four timeouts per game, help speed up the final minutes of games and emphasize a timely resumption of play after halftime.
The changes all go into effect this season.
Teams will be limited to two timeouts in the final three minutes of a game, instead of having up to three. All four quarters will have two mandatory timeouts, after the 7- and 3-minute marks. Also, all halftimes will be 15 minutes and delay of game penalties will be issued if teams are not ready to play when intermission ends.
