Floyd Mayweather is known for making large bets on sporting events. The boxer lived up to his reputation this past weekend, placing multiple wagers on the Final Four.
UConn entered the final days of the 2014 NCAA tournament with the worst odds of winning it all. Mayweather took a chance on the Huskies, and was rewarded. The No.7 seed went on to win both games, claiming their fourth national title in 15 years.
On Saturday, Connecticut was a decided underdog against top-seeded Florida. The Huskies were given -110 odds to advance. Mayweather placed a $37,000 bet on UConn, who pulled away in the second half for a double-digit victory.
Two days later, Mayweather tried his luck with the Huskies, once again. In the national championship game against Kentucky, UConn was a three-point underdog. The boxer bet $30,000 on the Huskies moneyline, which was set at -140. UConn went on to win by six points.
Mayweather posted his winning tickets on Twitter. The two bets earned him $75,636.
While $30,000 may seem like a large bet to most, it’s nothing compared to what Mayweather has done in the past. He’s posted many winning tickets over the past few years, including some that have earned him seven figures. In November 2012, Mayweather showed proof that he made $1 million when Oregon beat USC in college football.
If anyone can afford to make these kinds of wagers, it’s Mayweather. A year ago, Sports Illustrated named him the highest earning athlete in American sports. The publication projected him to make $90 million in 2013. LeBron James came in at second on the list with over $56 million. In his career, Mayweather has reportedly made over $350 million.
Mayweather’s last fight came on Sept. 14 against Canelo Alvarez. Before the fight, he was guaranteed a $41.5 million purse. Forbes reports that the record-setting bout earned him more than $80 million. His next fight is set for May 3 against Marcos Maidana.
There have been unsubstantiated rumors of Mayweather losing millions of dollars on sporting events. Most recently, he denied wagering $10 million on the Denver Broncos to win the 2014 Super Bowl. Denver lost to the Seattle Seahawks by 35 points.