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: