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Floyd Mayweather's scheduled exhibition against Mike Zambidis in Athens on Saturday was called off after an events company filed suit alleging breach of contract. Federal court records show the promoter halted promotion and ticket sales while the injunction motion remained pending.
ESPNFloyd Mayweather's exhibition fight against Mike Zambidis in Greece on Saturday has been called off, according to federal court records filed Thursday. The fight had been in question after CSI, an events company contracted to hold two other Mayweather fights, sued Mayweather in the Southern District of New York alleging breach of contract and filed an emergency injunction petition to halt the fight.
"Because Plaintiffs' Motion remains pending without a ruling, the Mayweather-Zambidis event will no longer proceed in Athens, Greece as planned on Saturday evening," attorney Melissa Glass wrote in a letter to the court.
Legal and commercial fallout Glass stated that the lawsuit and legal threats in the United States and Greece stopped promotion, distribution plans, and ticket sales. The letter noted that the event could be rescheduled depending on the injunction ruling.
Prior filings showed Ticketmaster had already stopped ticket sales for the six-round exhibition in March. DAZN had been a potential broadcaster but a filing from promoter Keane Anis of Front Row said the network wanted to wait for a court decision. Anis said in a supporting document that the fight was no longer commercially or operationally feasible.
The filing claimed Front Row spent or committed around $7 million and paid Mayweather $3 million plus travel expenses. Mayweather's manager, Walter Jordan, stated in a court filing that Mayweather spent $250,000 of his own money on training camp and that the amount is not recoverable.
Mayweather's attorneys asked for a $15 million bond from CSI if the court grants the injunction.
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