Floyd Mayweather Relinquishes Control of Fitness Franchise
Floyd Mayweather, the boxing superstar, has relinquished control of his fitness franchise, Mayweather Boxing + Fitness, amid increasing legal challenges. The chain, which once thrived, has now transitioned to new ownership under Giant Ideas, a company based in Utah, which will oversee over 70 fitness studios in the U.S. and abroad.
New Ownership and Vision
Rob Scott, the CEO of Giant Ideas, expressed his vision for the brand by emphasizing a return to sustainable growth rather than rapid expansion, which has been a downfall for many franchises.
“Our goal is to create something solid and enduring rather than just expanding for the sake of growth,”
Scott stated in an interview with AthleteTechNews. He aims to foster a system that is beneficial for members, coaches, and franchise owners alike, steering away from just “selling the dream.”
Challenges and Lawsuits
Financial details surrounding the acquisition remain undisclosed, but this strategic shift comes after reports from Business Insider unveiled that numerous Mayweather Boxing + Fitness locations had closed in the last two years. Adding to the turmoil, several franchisees have initiated lawsuits against Mayweather and his partners, underscoring significant operational issues within the franchise.
Scott, critical of existing franchise operations, believes that a focus on operational quality and the success of franchisees will yield growth organically through community recommendations, licensing options, and strong business fundamentals.
Mayweather’s Broader Transformation
For Mayweather, stepping back from the fitness venture signifies a broader transformation as he distances himself from various enterprises following his boxing career. Although he has sold his fitness brand, he continues to maintain a portfolio that includes real estate investments, a skating rink, and a gentleman’s club named ‘Girl Collection.’
Future Speculations in Boxing
Despite this setback in the fitness domain, Mayweather remains a relevant figure in combat sports. He last appeared in the ring in a controversial matchup against John Gotti III in Mexico, which ended in chaos. Speculation about his potential return to professional boxing has emerged, especially after witnessing Manny Pacquiao’s recent performance at 46 years old. As Mayweather approaches his 49th birthday in February 2026, fans eagerly contemplate his next move in the sport.
Insights from Phil Jay
Phil Jay, a seasoned boxing journalist with more than 15 years of experience, provides insights into the complexities of the boxing world. As the Editor-in-Chief of World Boxing News, he has covered major boxing events and has interviewed numerous champions throughout his career.
