Floyd Mayweather Jr. is ending his legal fight against Business Insider after voluntarily dismissing his $100 million defamation lawsuit against the publication and reporter Daniel Geiger.
Court filings submitted May 4 show both parties agreed to dismiss the case in federal court in New York, with each side responsible for its own legal costs and the agreement also dismisses all counterclaims connected to the dispute.
Mayweather first filed the lawsuit in 2025, following a Business Insider article that questioned whether a reported real estate deal involving the retired boxer had actually occurred.
The article centered on Mayweather’s public statements claiming he purchased a 62-building Manhattan apartment portfolio as part of a deal reportedly worth around $400 million. In the story, Geiger wrote there was “no evidence there has been a sale.”
The undefeated boxing star strongly denied that description in his lawsuit, accusing the reporter of “harassment and defamation” and claiming the coverage garbled the facts surrounding the transaction.
Mayweather also alleged that Geiger refused to review documents related to the deal and argued that the reporting reflected racial bias against him.
Business Insider previously denied the accusations after the lawsuit was filed, saying the company would “vigorously defend” its reporting.