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Floyd Mayweather Loses $3 Million In Football Bet On Michigan Team

Ouch!

By Alicia Adejobi on Monday 3rd September 2012 Photo by Mary Ann Owen/ WENN.com/Twitter

Floyd Mayweather may wake up feeling like a broken man today as he allegedly lost $3 million in a bet on a football team this weekend.

The boxing champ was obviously in good spirits celebrating the Labour Day weekend and decided to splash the cash on a bet on the game between the University of Michigan and Alabama.

According to MediaTakeOut, Floyd placed a bet that Michigan would win or lose by less than 15 points- however, he guessed wrong because they had a huge loss of 41-14 to Alabama. Floyd did hint that it would be a wild weekend and even revealed on Twitter that he was planning to spend bucketloads of money.

"Me and #TheMoneyTeam will be shutting down Miami tonight.. @ClubPlayMiami will be crazy #LifestyleFlashy," Floyd wrote on Saturday.

No doubt his fiancee Shantel Jackson will be consoling him - or not because Floyd was revealed at the richest sportsman earlier this year, so he can more than afford it!

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