The $100 million defamation fight between Floyd Mayweather Jr. and Business Insider is over.
The lawsuit, filed just over a year ago, has been voluntarily dismissed with prejudice, meaning Mayweather cannot refile the same claims. Counterclaims that were made by Business Insider have also been permanently dropped, and each side will handle their own fees and costs. The judge signed an order dismissing the case on Tuesday.
“We’re pleased that Floyd Mayweather, Jr. has dropped his lawsuit and that we can definitively put these meritless allegations to rest,” a Business Insider spokesperson said in a statement to Front Office Sports.
A representative for Mayweather said in a statement that he has “resolved his claims against Business Insider. He’s focused on his business ventures and scheduled fights in the near future.”
Mayweather, who has never lost a bout and boasts career earnings of more than $1.1 billion, sought at least $100 million in damages in his lawsuit, lodged in New York federal court.
