Floyd Mayweather drops lawsuit against Jona Rechnitz

The legal brouhaha between boxing legend Floyd Mayweather Jr. and his former investment manager Jona Rechnitz appears to be over. Mayweather dropped the civil lawsuit he filed in May against Rechnitz, the boxer’s attorney, Leo Jacobs, confirmed to The Real Deal. It’s unclear if Mayweather plans to reopen the case down the line. “Mr. Mayweather filed this lawsuit with a lot of noise and dropped it in silence, right before our court deadline to answer his frivolous claims with documented evidence,” Rechnitz told The Real Deal. Mayweather filed his lawsuit in New York state court, alleging Rechnitz gained his trust […]

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