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Mayweather Promotions granted Nevada license

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Floyd's company was licensed by the Nevada State Athletic Commission at their monthly meeting yesterday.

Jeff Bottari

By his own words, Floyd Mayweather is laying the foundation for a promotional career after his career in the ring comes to an end. Floyd told the NSAC:

"We want to get things done the right way and continue to bring big fights to Las Vegas even when my career is over," Mayweather, who lives in Las Vegas, told the commission. "We can continue to do record-breaking numbers after I'm gone by doing it the right way."

Mayweather Promotions is already licensed in New York and Washington state. Chief executive Leonard Ellerbe said they're currently seeking licenses in California, Washington, D.C., Illinois, and Michigan.

Ellerbe also mentioned they would be promoting a small show in Vegas in the run up to Mayweather-Maidana II.

I don't pretend to understand how this crazy business of boxing works, but I'll just comment on a couple things. First, after years of working with Golden Boy Promotions, Floyd and crew better have been paying attention. "Co-promoting" with one of the top two promoters in the world is a heckuva opportunity to learn.

Second, in the wake of the shakeup at GBP, it'll be interesting to see how a new organization can capitalize on uncertainty surrounding Oscar's company.

And then there are the quotes. NSAC commissioner Pat Lundvall said, "This is an excellent application. It demonstrates a respect for the commission." Congrats, fellas, on getting your paperwork in order.

But then commissioner Skip Avansino proceeded to refer to Mayweather and Ellerbe "wonderful role models for the sport."

Really? I would hesitate to call Floyd a "wonderful role model" in any capacity (especially in light of the recent Deadspin piece, regardless of how you feel about that reporting). Sure, he's paid his debt to society and all, but that doesn't mean we get to hold him up as boxing's poster boy.

Do I want my son to parlay his talent into millions of dollars? Yes. Do I want him to flaunt said millions by slinging hundred dollar bills at strippers? No.

This kind of over-eager, insincere backslapping is common in the entertainment industry, but we don't need it around here.