Floyd Mayweather Jr Rumored to Have Lost Nearly $1 Million on Duke-UNC Game

Floyd Mayweather Jr, the current WBC welterweight titleholder who will face Miguel Cotto on May 5 in Las Vegas, is rumored to have laid down a bet on the Duke vs North Carolina basketball game earlier today, and is also rumored to have lost a substantial chunk of money.

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Mayweather is said to have bet $990,000 on Duke, who lost 88-70. Bryan Armen Graham of Sports Illustrated tweeted the rumor earlier. Thus far, The Money Team has not tweeted about it, which Floyd likes to do when he wins, which of course doesn't account for his losses.

Look, I don't really care if Mayweather lost $990,000 on Duke or not, but if there comes a day when Mr. $40 Million a Fight isn't doing so great, these things should be archived so that future generations can understand how one of boxing's biggest stars over an era squandered too much of his money.

Gambling is fun. I don't do it, because I don't have enough money, and I can't afford to be all betting the rent money on stuff, because I'm also not very good at it. I don't blame Floyd for gambling. Good for him. Maybe he's just enjoying life as he sees fit. Not my concern. I sure hope he's not 43 years old someday and making people forget who he used to be because of his money problems, though.