Floyd Mayweather, the renowned Money Mayweather, narrowly avoided a significant setback in his pursuit of a $139 million Bel-Air home. What seemed like a dream residence turned into a potential legal quagmire as Mayweather's legal team uncovered inconsistencies in the contract, prompting them to advise against the purchase.

Mayweather had set his sights on the sprawling 35,000-square-foot Bel-Air property since 2021. After a handshake agreement with the developer, UCLA doctor Joseph Englanoft, Mayweather was ready to proceed with the purchase. The mansion boasted 12 bedrooms, 17 bathrooms, a vodka tasting room, a 6,000-square foot nightclub with a crystal-embedded wall, a temperature-regulated wine room, a ventilated cigar humidor, a movie theater, and more.

However, Mayweather's legal team discovered that the contract did not align with the Bel-Air property but allegedly involved shares in Ashley Ridge Land LP, a Nevada-based company with holdings that included the mansion and land near Las Vegas. This revelation not only shifted the nature of the deal from a property purchase to an investment in a company but also introduced the developer's request to be paid as a contracted consultant.

Digging deeper, Mayweather's attorneys unveiled the potential implication in a tax scheme if their client proceeded with the deal. In response, the legal team released a statement advising Mayweather to refrain from the transaction, highlighting their concerns about the intricacies of the deal.

This episode underscores the importance of thorough due diligence in high-stakes real estate transactions, even for someone as astute as Floyd Mayweather. The intricacies of the deal shed light on the complexities and potential pitfalls that can arise in multi-million dollar property acquisitions, emphasizing the need for legal scrutiny to protect high-profile individuals from unforeseen legal entanglements.