The truth is Floyd owed Arum lots of money because used money he owed to gamble, this is the reason why James Prince came to Floyd's gym, Floyd wasn't making huge money like he is now but he gambled all the money he owed Prince, and Arum had to take care of it and pay from his own pocket that is when Ellerbe got whooped and Floyd was hiding in the back in a laundry dryer he stuffed himself in there.
Yeah it's true breh.....but we all know Floyd aint about that street life.
There’s a murky, violent history between Floyd Mayweather and his former manager, James Prince
15/03/2013 by
jeremypound4pound
James Prince, manager of Andre Ward, recently hit out at Floyd Mayweather, his former client, for his derisory comments about Ward. This brings to mind the acrimonious, and violent, split between Prince and Mayweather in 2003.
Mayweather found himself in some trouble when he was in a fierce contractual battle with Prince. Top Rank stepped in and advanced him $610,000 to settle with Prince, and also cut Prince a check for 20 percent of Mayweather’s $3.05 million dollar purse for fighting Phillip Ndou.
The situation with Prince, a well known figure in the rap world, escalated to a dangerous level when several men showed up to the Top Rank Gym on September 11, 2003 and roughed up Leonard Ellerbe and former camp member Thomas Summers, sending both to the hospital.
Mayweather’s camp has never confirmed the story, but both DuBoef and Arum claimed to have saved a “shaken” Floyd Mayweather, Jr., who told DuBoef ‘These are bad guys, you have to help me save my family.’
“I said, ‘Let me give James a letter of credit,’ ” Arum said. “And Floyd said — I’ll never forget it — ‘James don’t take no letter of credit.’ “
Bernard Hopkins comments on the situation:
“Hey, listen, at the end of the day, when I look at guys, and some rappers that I ain’t going to mention, that talk about gangsta, talk about street, talk about going to jail, talk about being hard on the street, that remind of Floyd Mayweather. Floyd Mayweather is no tough guy. And Floyd Mayweather can tell you about, and Ellerbe can tell you about when a couple of guys came up in Top Rank’s gym and they was taking two to three weeks to scrub blood out of the stains of the carpet that was in there. Where was the gangsta then? See, they know I know.”
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In response to an earlier story on BoxingScene.com , where WBC welterweight champion Floyd Mayweather Jr. took several shots at WBC/WBA super middleweight king Andre Ward - James Prince, the current manager of Ward and ex-manager of Mayweather, had plenty to say in response to Floyd Jr.'s unexpected verbal jabs."First of all I don't know what demonic spirit jumped into Mayweather causing him to try to assassinate my fighter's character because he is a fighter and a man of God - as if it's a sin to worship God and fight. It goes to show his ignorance in the word of God because there are prophets throughout the Bible that were fighters, warriors, hit men - and none of them were punks. So for Mayweather to attack a man's spirituality because he has been friends with Robert Guerrero since they were kids and he's riding with him is just an excuse to voice his haterism that's really in his heart for me and Dre," Prince said in a statement to BoxingScene.com."Dre never had nothing but respect for this dude, but if he thinks there is something weak about Andre Ward - then he can eat some steaks and put some weight on his ass so Dre can whip it.
Not knocking Floyd Mayweather, but he knows he couldn't draw flies to a dumpster until he beat Oscar De la Hoya. I know this is true because I was managing him when he couldn't sell out his hometown of Grand Rapids or the San Francisco Auditorium, which only seats 6,000 people.""By the way, any man that represented the United States of America and won a gold medal is not only known, but appreciated by all Americans - something Floyd didn't accomplish. And that invitation on his blueprint for knowing how to get millions - we pass on that, because we know how to make millions, but more importantly, how to keep it.""And yeah, I see how he's trying to befriend Broner so he won't be faced with Broner gettin' in his ass. But at the end of the day, he would have a problem with Broner because Broner is a real one. And Floyd knows, like I know, that he's uncomfortable with real men around him."
& them goons hogtied n pistol whipped Ellerbe 
...