WWE Admits Floyd Mayweather's $20 Million Pay Was Fake Reported by: Patrick Boucher
Updated on May 7, 2008 7:21 PM EST
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Earlier today WWE held a financial conference call to discuss the successful increase in revenue for the first quarter. During a Question & Answer session they outright admitted Floyd Mayweather didn't get paid as reported. For those that understand business, it is consdiered illegal to lie to shareholders, because in theory stock could have been traded due to that figure. Although action could be taken I doubt it will as most shareholders should be happy in WWE's rising financial numbers.
Poor TV ratings were also discussed in the call, although brushed off as just a fluctuation of all TV viewership and nothing at the fault of WWE.
