Mayweather’s undefeated streak was ended by John Gotti III with a knockout in the eighth round during a closed-door fight, and Mayweather suffered a financial loss of $35 million | HO

On the night of August 28, 2024, an unexpected milestone was reached in the world of boxing: Floyd Mayweather, the undefeated champion who had dominated the sport for over two decades, saw his unbeaten streak come to a dramatic end. In a closed-door event, John Gotti III achieved what many considered an impossible feat: defeating Mayweather with an impressive knockout in the eighth round. Beyond the impact in the ring, this defeat has brought a significant financial loss for Mayweather, estimated at $35 million.

The fight, held in an exclusive venue without public attendance, kept boxing fans on edge as they eagerly awaited the confrontation between the veteran Mayweather and the young challenger Gotti III. From the start, the bout promised to be epic. Mayweather, known for his impeccable technique and unmatched defensive skills, seemed to be in control of the fight, using his experience and speed to evade his opponent’s attacks. However, Gotti III, with fierce determination and an aggressive strategy, demonstrated that he was not willing to yield.

The decisive moment came in the eighth round. After several intense exchanges, Gotti III landed a powerful punch that left Mayweather stunned and unable to recover. The speed and precision of Gotti III surprised many, as his ability to read the pace of the fight and exploit Mayweather’s weaknesses proved crucial to his victory. Mayweather’s fall was a shocking event for spectators, who were used to seeing the boxer emerge victorious from any challenge.

The impact of this defeat was not limited to the sports arena. Mayweather, who had amassed a considerable fortune throughout his career, suffered a significant financial loss due to the decline in his brand’s value and the loss of potential future fight earnings. It is estimated that the defeat cost him around $35 million, a substantial sum reflecting the magnitude of its impact on the boxing world and the economy surrounding it.

The outcome of the fight has left a sense of surprise and admiration in the boxing world. By achieving this victory, John Gotti III not only ended Mayweather’s undefeated streak but also established his own place in the sport’s history.

Boxing analysts and experts are debating the implications of this defeat for Mayweather and what it means for his future career. Some suggest that this setback could be the catalyst for a possible permanent retirement, while others believe it might motivate him to seek a rematch or pursue new challenges.

In conclusion, Floyd Mayweather’s defeat by John Gotti III represents one of the most surprising and significant moments in recent boxing history. The fall of a sports icon and the magnitude of the financial loss associated with this event have captured public attention and sparked widespread discussion about Mayweather’s future and the impact of this fight on the sport. With Mayweather’s undefeated streak now in the past, boxing looks forward to a new era filled with possibilities and surprises.