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Days before McGregor fight, Floyd Mayweather talks business. At 3 am in his Vegas strip club.

August 25, 2017 by  
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It was past midnight on Thursday when Floyd Mayweather Jr., finished his nightly workout, but he was still hours away from going to sleep. Instead, he cooled down, changed his clothes and made his way to his nightly retreat.

It wasn’t until nearly 2:50 a.m. that Mayweather poked his head through the front door of Girl Collection, the Las Vegas gentleman’s club that he owns. In the days leading up to his highly anticipated boxing match against Conor McGregor, he’s been capping off each and every training session by coming here late at night, under the flashing lights and surrounded by booming bass with young women in various states of undress surrounding him at all times.

For Mayweather, it’s a sanctuary of sorts, but also a serious business. “Women will always be in style,” he says by way of explaining his investment.

The undefeated boxer plans to be here the night before his big bout and in the hours afterward, too, when a big party is planned. Mayweather said sections of the club, which typically charges a $50 cover, have already been reserved for Saturday for $10,000, $12,000 and $20,000. It’s certainly not the typical fight-week training regimen, but Mayweather has always operated on his own schedule and on his own terms. Asked about his late-night visits, he seems almost bemused.

“How do I have time? I mean, I’m living,” he said. “That’s how I have time. That’s life.”

It’s his life at least, and Mayweather, a 40-year old father of four, sees nothing wrong with regular visits to a gentlemen’s club in the days leading up to what could be the most lucrative fight in sports history. Nocturnal sleeping habits aside, the music and dancing and crowds might seem like an unconventional way to relax, to focus, to lock in on a foe who has promised to destroy your legacy.

That legacy, of course, includes numerous domestic violence accusations that have tarnished Mayweather’s image outside the ring and made him a pariah for many. He pleaded guilty to counts of violence against women filed after separate incidents in 2002 and 2011. Another conviction, for an incident in 2003, was later dismissed.

At the very least, it’s another way for Mayweather to do what he loves most: make money. And this happens to be a venture in which Mayweather has a great deal of emotional investment.

“When I was locked up and doing time, I drew the club up,” he explained in the wee hours Thursday morning, referring to his 90-day sentence in 2011 related to domestic violence charges, a period he rarely details. “Look at my notes.” As the music played and the women danced, he thumbed through his phone, pulling up a photo with his detailed dreams for a strip club. “My lawyer Shane [Emerick] saved them for me,” he said.

Mayweather has always done things his own way. What hasn’t changed during his nearly two-year break from the ring that will officially end Saturday: He’s outlandish, rich and has built a business empire that he hopes outlasts him.

The club is one important part of that. A fighter in the ring, he’s a businessman outside of it and has undertaken a variety of ventures that operate under the umbrella of TMT — The Money Team — his venture mostly run by longtime friends and associates. In addition to Girl Collection, there’s a clothing line, a music agency, a marketing and branding firm, a fledgling sports agency and of course, Mayweather Promotions, the beating heart of the whole operation. He has plans to open a marijuana dispensary in Las Vegas, too, even though he doesn’t partake in the drug.

“I think that’s the reason I had a long career. I never drink liquor and I never engaged in drugs,” he said in his club, which charges a $50 cover, sipping from a water bottle with the TMT logo on it.

He says he has three jets but wants to downsize to one. It’s not clear how many vehicles he owns, but in 2015 he told ESPN that he had $15 million worth of cars that sit unused in his garage. He’s also suggested that his real estate holdings are worth $1.2 billion. Mayweather says he’s invested in a pair of skyscrapers in Times Square, and quickly pulls up a photo in his phone, featuring an architectural model of One Vanderbilt, a 57-floor building currently under construction that is slated to be the city’s fourth-tallest building when it’s completed.

“My real estate portfolio is truly amazing,” he says. “The real estate, that’s very, very huge. That’s a huge part of my life.”

Forbes has estimated his career earnings at $700 million — though Mayweather has suggested that figure could be $100 million short — and many expect his earnings on Saturday to top $200 million for a single night’s work.

But is any of it enough? He promises Saturday will be his last fight, but he’s already retired once before. Something keeps pulling him back.

“I think when you’re at that top level, you have the itch to let everybody know you still the king,” said Ricki Brazil, a childhood friend and longtime member of Mayweather’s team. “So he probably had that in the back of his mind. But he’s getting older, and he knows he has to step back and do other things, do other business ventures.”

Mayweather bristles at the suggestion that he was ever bored during his break from the ring, which began after he defeated Andre Berto in September 2015 to improve his record to 49-0. He says he can be perfectly content as a former fighter, a man with investments, real estate and the keys to his own gentleman’s club.

“I’m happy. I’m comfortable,” he explained this week. “I still make millions of dollars from smart investments. I was at home, just sitting back, relaxing, traveling the world with my daughter. Sometimes we’re in Bora Bora. Sometimes we’re in the Maldives. Sometimes we’re in Moscow, Russia. Sometimes we’re in Dubai. We’re all around the world on Air Mayweather. I was just living life.”

But in Vegas, the Girl Collection is a regular part of his routine. Even before Mayweather arrived at the club early Thursday morning, his image was visible on video screens behind the dancers, and the TMT logo was projected onto one wall. When he finally walked, closer to sunrise than sunset, two women were dancing on the main stage and $1 bills were flying in the air. Mayweather wore a black shirt with TBE — “The Best Ever” — emblazoned in gold and a giant smile. He was trailed by a couple of bodyguards. One held a leather bag and pulled out a stack of cash for Mayweather.

For Mayweather, money has always been a tape measure. He grew up without it. And when he got some of it, he immediately wanted more. Mayweather was earning good money fighting for Top Rank promotions, certainly enough to live on, invest and someday pass down.

The start of the Mayweather empire was realizing he wanted more, and buying his way out of his promotional contract in 2006 to pursue it. By becoming his own promoter in 2007, Mayweather went from boxer to brand. He became boss and financier to friends and family and all of their ideas.

Rod Braswell, for example, used to be in charge of getting Mayweather’s equipment ready for training sessions. Now he’s responsible for a sports management company under the Mayweather umbrella. “What I’ve been doing is going out getting all the connections, going all around the country recruiting players, mostly, basketball players,” he said. “We’re gonna be a one-stop shop.”

Braswell met first met Mayweather three decades ago in Grand Rapids, Mich. He’s three years older and back then was in charge of keeping an eye on the 10-year-old everyone called Lil Floyd.

“He was small, but he was feisty,” Braswell recalled. “Guys would push up on him and I got into a few scuffles over Lil Floyd.”

Brazil was also a childhood friend. They sat in classrooms together and played on the same basketball teams. “You always knew when Floyd was in the room,” Brazil says. “He’s the same person today but just with a lot more money.”

Brazil moved to Vegas in 2007 and helped coordinate Mayweather’s schedule and appearances. He launched a women’s clothing line and also runs Regal Management Group, aimed at developing and promoting music artists.

But this year he’s spent the bulk of his time managing the Girl Collection.

“It’s something he talked about over a decade ago,” Brazil said. “He always talked about opening one, but he always put his boxing first. He couldn’t put the time into it. But then he wasn’t fighting, so he could put his time into it, his money and made it happen. It was a passion, something he always wanted.

“But he’s a businessman, so of course he wants to make money off of it too.”

Mayweather doesn’t have anything close to a business degree and shrugs off knocks against his lack of formal education. “Obviously I’m doing something right if I already made $800 million without no endorsement deal,” he recently explained.

While he likes to joke that the only thing he needs to read is the numbers on his paychecks, he wants more for his children. He knows he’s reached a point where his earnings will likely impact future generations of Mayweathers.

“I want my kids to do something that I wasn’t able to do: I want them to be able to go college,” he said, “and then the businesses that I leave for them, I want them to be able to take those businesses and take them to the next level. If I took a business and made $100 million, I want them to take it to the next level to make $400 or $500 million … I’ve built different businesses and got businesses started so my children’s children can take over someday.”

He has two daughters, ages 17 and 13. He feels no sense of shame about Girl Collection and doesn’t keep his club a secret from them.

“She loves it,” he said of his oldest daughter, who lives with him. “I always tell my kids the truth. That’s what they like about me: We have an honest relationship. I told my daughters, someday they’re gonna run this … I don’t like to hide nothing from them. This is the real world.”

And if his daughters wanted to perform rather than manage a club?

“If they do want to dance, it’s up to them and there’s nothing I can do,” he said. “Once they’re at a certain age, I would never let them dance in my club.”

Mayweather says the Girl Collection will be a multimillion dollar business. He thinks it can be franchised and also provide the backdrop for a reality show, which means more money for him.

It’s difficult to get a full grasp of the Mayweather portfolio. Mayweather Promotions is headed by Leonard Ellerbe, who worked the corner for so many of Mayweather’s biggest fights. While Brazil launched the women’s clothing line with Mayweather’s backing, the fighter’s TMT clothing line is ever-present around Vegas. Success Management Group is a marketing and branding firm, TMT Music Group handles musical artists, Floyd Mayweather Jr. Foundation is the fighter’s nonprofit organization. The mother of one of his children runs a Las Vegas clothing boutique.

Despite any successes related to these ventures, those around him say Mayweather will always have a competitive itch. That, and a desire to be in the limelight. The money, of course, is what really lured Mayweather back into the ring this weekend. It’s not likely his investments or strip club can ever fill that competitive void, but Mayweather is entertaining other ideas.

“I thought about buying an NBA team,” he said this week, “I thought about investing in an NFL team, but we just don’t know what the future holds.”

It’s not clear how liquid Mayweather’s fortune is, even if he likes to showcase piles of money on social media and in front of television cameras. There’s also been some questions about an outstanding tax bill from 2005. The IRS filed a tax lien saying Mayweather owes the government more than $22 million from 2015. Mayweather has said he already paid $26 million in taxes that year, and while promoting the McGregor fight last month, he told reporters that he “already took care” of the matter.

At the Girl Collection, as the night wound down, he didn’t seem concerned about pinching pennies. He claimed in the previous 48 hours, his various business entities earned him $4.5 million, though he doesn’t divulge exactly how.

A song by Rick Ross called “Trap Trap Trap” played and he motioned for a pair of dancers to perform on the pole in front of him. Two others sat next to him. As the song wound down, he passed out a few hundred dollar bills, and a DJ beckoned one of the girls to the main stage. Mayweather excitedly echoed the call.

“Red Rose to the main stage!” he yelled, patting the young woman on the bottom.

He says he played a role in every aspect of building the club, but notes that the performers are strictly employees.

“What I learned about this business is this: No matter how pretty women are at your club, never dip your pen in company ink,” he said. “I already got a lot of women because having one is too close to having none. You hanging out with the girls in the club, it’ll cause a problem.”

The bass kept booming, but Mayweather showed no signs of slowing down. He planned to leave the club by 5 a.m. He’d get nine-plus hours of sleep, he said, and then start a new day the next afternoon. The clock kept ticking and the opening bell would soon ring on the final fight of his career. But first, business calls, training and then eventually, back to his club.

More on Mayweather vs. McGregor:

Bout is just the latest dubious matchup between fight disciplines

Fight will bring in big bucks, but boxing purists aren’t buying it

McGregor might be counting on a puncher’s chance against the unpunchable

McGregor and Mayweather are already scuffling because every fight needs some hype

‘Baltimore’s Own’ Gervonta Davis, under Mayweather’s wing and atop undercard

Couch Slouch: Megafight is taxing the limits of incredulity

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Analysis: Could Trump’s Transgender Military Ban Actually Become Policy?

August 25, 2017 by  
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Just days after a national address on defense policy in Afghanistan in which Trump lauded the diversity and inclusivity of the U.S. military, the White House appears ready to issue a memo with guidelines to begin barring transgender individuals from serving openly. The memo would signal the administration’s intention to follow through on the ban on transgender service members, announced via tweet on July 26.

According to the Wall Street Journal, the memo would give Defense Secretary James Mattis six months to implement the ban, the ability to consider “deployability” as grounds for separation, prohibit the coverage of transition-related health care and block the accession of transgender troops.



A Defense Department official told NBC News, as reported on MSNBC Thursday, that the Pentagon is expecting as early as this week an official memo from the White House that will give guidance on how to implement the transgender military ban.

GLBTQ Legal Advocates and Defenders (GLAD) and the National Center for Lesbian Rights (NCLR) have already filed suit against the Trump administration on behalf of five transgender members of the armed forces, arguing that damage to their careers and wellbeing has already occurred. Other organizations, such and Lambda Legal, have promised to sue if the policy is implemented.

A 2016 report by the Rand Corporation, which was commissioned by the Pentagon, states that transgender members of the armed forces would not compromise military readiness, ability to deploy or require a significant increase in health care costs. According to the report, there are approximately 1,320 to 6,600 active transgender service members. Of those, only a fraction — between 29 and 129 — would be expected to seek transition-specific medical care annually. This would cost an estimated $2.4 million to $8.4 million a year, an amount that will have “little impact” on overall military health expenditures, according to the report.

Protesting President Trump's proposed ban of transgender people serving in the U.S. military


Protesting President Trump's proposed ban of transgender people serving in the U.S. military

The Rand report was part of a policy revision undertaken by then Secretary of Defense Ashton B. Carter. In June of 2016, Carter announced that transgender service members “can no longer be discharged or otherwise separated from the military just for being transgender.” He also announced the military would provide transition-related health care coverage.

Since Trump took office, incorporation of transgender service members into the military has become more fraught. In May, Secretary Mattis delayed plans to permit transgender recruits to enlist in the armed services to “review their accession plans and provide input.” At the same time, Republicans in the House tried but failed to pass a bill that would have prohibited the military from paying for medical care related to gender transition.

Military Opposition to the Ban

In addition to legal action by LGBTQ organizations, the ban could face obstacles from within the Defense Department. Navy Secretary Richard V. Spencer, for example, told reporters last week, “On a fundamental basis, any patriot that wants to serve and meets all the requirements should be able to serve in our military.” And Marine Corps Gen. Joseph Dunford, chairman of the Joint Chiefs of Staff, stated publicly his intention to continue Obama-era policies regarding trans troops until formal guidance comes down from the White House.

Radha Iyengar, a senior economist at the RAND Corporation and an author of the commissioned trans military report, remarked upon the unusual character of what has occurred thus far between the White House and the Department of Defense (DoD).

“The normal way [policy change] would happen,” she said, “is the President would announce we are ending [the existing policy] and then would send an already approved, signed letter to DoD, saying ‘I direct you to temporarily suspend service by transgender people and develop a plan.’ It would be a temporary halt and then reviewed by the White House legal counsel, and the DoD would review it in the context of its other requirements” regarding dismissing military personnel.

“What we are waiting to see if there is a document with legal force that the White House can provide the DoD to begin the official process.” Given the complexity of military personnel policy, Iyengar said, and in absence of a written statement from the White House, much is still left up to speculation. “What any order from the White House actually says really matters.”

However, Iyengar noted, “If you see the Secretary of Defense make a statement, if he directs the services to do X, Y and Z, you are going to start the implementation wheels turning.”

Related: Banning Transgender Troops Could Cost US $960 Million, Report Says

The Rand report suggests that the DoD may want to allow transgender troops to serve openly based on the military’s experience with “don’t ask, don’t tell,” which was repealed in 2010. According to the a 2011 report by the Government Accountability Office, compensating those discharged under this policy has cost the Pentagon about $193.3 million from 2004 to 2009.

Trump’s desire to abruptly change policy course has turned some top Generals into unlikely LGBTQ allies.

Katherine Kidder, a fellow in the Military, Veterans, and Society Program at the Center for New American Security, remarked that Mattis’ insistence on a formal White House directive before taking steps to bar transgender soldiers signals a form of resistance to Trump’s wishes.

“If you asked me two years ago if [Mattis and Dunford] would be standing up for transgender issues, I would say it is not necessarily what they are concerned with.”

Stonewalling in Congress

The ban could also be stopped in Congress, where both Republicans and Democrats have spoken out against the ban. The Congressional LGBTQ Caucus joined more than 50 members of congress in sending a letter to Secretary Mattis and General Dunford, urging them to reject any such ban on transgender soldiers.

Regarding possible Congressional checks on the President’s authority, there are three avenues, explained Kidder — adding language in the National Defense Authorization Act (NDAA), passing legislation to prohibit the ban or exercising their oversight authority by calling Secretary Mattis to appear before Congress.

“The real lever that Congress would have is to use very proscriptive language in the NDAA — reigning in what the administration or the Department of Defense is able to do,” Kidder explained. Senator Kirsten Gillibrand, a Democrat of New York and a ranking member of the Personnel Subcommittee on the Senate Armed Services Committee, pledged such an intention earlier this month.

“Congress can put language in the NDAA prohibiting discrimination against transgender service members. It can also hold the Administration’s feet to the fire to ensure that discrimination or undue dismissals are not occurring through vigorous oversight,” Kidder said.

Sen. Cory Booker, a Democrat of New Jersey, has vowed to block the ban with legislation.

“That’s another way they could go about doing it, outside the normal Department of Defense appropriation process,” Kidder said. “The question is where it would get enough support [in Congress].”

There may be adequate support as some Republicans, such as Sen. John McCain, Republican of Arizona, have already come out in opposition to the proposal.

“There is no reason to force service members who are able to fight, train, and deploy to leave the military — regardless of their gender identity,” McCain said last month.

Finally, Congress can exercise its oversight. This would entail calling Secretary Mattis to appear before Congress. “Mattis in particular faces oversight accountability with Congress — particularly in the wake of the direct questions asked of him at his confirmation hearing back in January,” Kidder said. “Perhaps the most important question in that respect came from Senator Mazie Hirono, to whom Mattis pledged he would not roll back any rules set by the Obama Administration regarding LGBT issues or women in combat policy.”

According to Kidder, should Mattis implement a ban that contradicts his confirmation statements, and be called before Congress to account for the action, convention would have it that he resign.

“No one wants that to happen with Mattis,” Kidder said. “The catch-22,” she explained, “is that Mattis is the one everyone trusts.” Conversely, she said, “Trump would hardly want that to happen from a PR perspective.”

A Political Miscalculation

According to Kidder, Trump’s tweeted transgender ban was a “misreading” of fellow Republicans’ position on transgender service members.

“Defense hawks within the House wanted to place a ban on funding gender reassignment surgeries through the Defense budget, but even the most conservative of the contingent weren’t pushing for a ban on transgender service members,” she said. “Trump himself misread how far Republicans in Congress wanted to go.”

However, if Trump does submit formal guidelines to the Pentagon, it will be yet another example of doubling down on unpopular statements, such as his recent statement condemning white supremacist violence in Charlottesville, which he then contradicted the following day blaming counter-protestors as well.

The road to make Trump’s trans military ban proposal actual policy, Kidder said, could turn into a “showdown” between Republicans and Democrats in Congress or between Congress and the White House.

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