Boxing champ, Floyd Mayweather, Jr., is the target of a lawsuit by the bosses of Just For You Entertainment, a Long Island based company. Floyd, who is the owner of Philthy Rich Records, allegedly stole JYE’s artist, Freck Billionaire, after they claimed to have spent over $155,000 in developing the rapper’s career – studio time, living costs, and travel expenses included. The company is now seeking at least $600,000 in a civil suit against the star boxer.

Mr. Mayweather is set to be back in the ring on July 18 with Juan Manuel Marquez, coming out of a 17-month retirement.