Floyd Mayweather's exhibition boxing match against kickboxer Mike Zambidis is off
· Yahoo Sports
Floyd Mayweather's exhibition boxing match against kickboxer Mike Zambidis — scheduled for Saturday in Athens, Greece — has been canceled, according to a letter to New courts obtained by Uncrowned.
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"I also write to notify the Court of an important recent development," a letter penned by Mayweather's legal counsel, Melissa Y. Glass, read. "Because Plaintiffs’ Motion remains pending without a ruling, the Mayweather-Zambidis event will no longer proceed in Athens, Greece as planned on Saturday evening. Plaintiffs’ commencement of this action and filing of the Motion, as well as their legal threats domestically and in Greece, have effectively stopped any promotion or distribution plans for the event and halted ticket sales.
"Due to the fluid situation on the ground in Athens and significant damage to the commercial viability of the event, and given the time difference and imminence of its scheduled start time on June 27, the difficult decision was made to cancel the June 27 exhibition fight. Depending on the Court’s ruling, the event may be rescheduled for a later date."
In a claim filed in a federal court in New York last week by promoter CSI Entertainment, it was alleged that the Hall of Fame boxer pocketed $4.65 million in advances to fight Mike Tyson and Manny Pacquiao, but then walked away from the deal. As a result, CSI Entertainment asked the court to grant an injunction stopping Mayweather from facing Zambidis and preventing Mayweather from taking any fight other than against Tyson next with CSI and for him to face Pacquiao — or another opponent of CSI's approval — immediately after Tyson.
This report will be updated.