McGregor to fight Mayweather in 8-ounce gloves
The Nevada State Athletic Commission votes to allow the McGregor-Mayweather fight to take place using 8-ounce gloves — a first of its kind in boxing. McGregor believes the drop in glove size is to his advantage:
I am very pleased with the Nevada State Athletic Commission’s handling of my next bout today. Fair play was kept all the way through. Referee – Hall of famer Robert Byrd. Judges – Burt Clements. Dave Morreti and Guido Cavalerri. 8oz gloves approved, with pre and post fight analysis of the gloves on the night. This was handled very well and very fairly by the NSAC. I am very pleased and respect the commissions ruling on this. Ten days until fight time.
Mayweather asks for installment plan over 2015 unpaid taxes
Mayweather petitions the U.S. Tax Court for an installment agreement to pay taxes from 2015, citing his fight with Conor McGregor as a “significant liquidity event” from which he intends to pay the remaining balance. Mayweather argues he’s too illiquid to immediately pay the taxes while the IRS has said that some of his assets could be converted into cash or that Mayweather could take out a loan to pay what he owes. Mayweather reportedly earned $220-230 million for defeating Manny Pacquiao in 2015. After he fights McGregor, Mayweather will have to pay taxes on a possible $400 million in earnings as well as cover his past IRS debts.