We were like WTF when we heard that Floyd Mayweather would be fighting 20-year-old Japanese kickboxing sensation Tenshin Nasukawa on New Year's Eve in Japan.

Now that Floyd has quickly backed out of the fight he certainly seemed to confirm, there's more WTF.

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Now that I am back on U.S. soil after a long and disappointing trip to Tokyo, I now have the time to address you, my fans and the media in regard to the upcoming event on December 31st that was recently announced. First and foremost, I want it to be clear that I, Floyd Mayweather, never agreed to an official bout with Tenshin Nasukawa. In fact (with all due respect) I have never heard of him until this recent trip to Japan. Ultimately, I was asked to participate in a 9 minute exhibition of 3 rounds with an opponent selected by the "Rizen Fighting Federation". What I was originally informed of by Brent Johnson of "One Entertainment" was that this was to be an exhibition put on for a small group of wealthy spectators for a very large fee. This exhibition was previously arranged as a "Special Bout" purely for entertainment purposes with no intentions of being represented as an official fight card nor televised worldwide. Once I arrived to the press conference, my team and I were completely derailed by the new direction this event was going and we should have put a stop to it immediately. I want to sincerely apologize to my fans for the very misleading information that was announced during this press conference and I can assure you that I too was completely blindsided by the arrangements that were being made without my consent nor approval. For the sake of the several fans and attendees that flew in from all parts of the world to attend this past press conference, I was hesitant to create a huge disturbance by combating what was being said and for that I am truly sorry. I am a retired boxer that earns an unprecedented amount of money, globally, for appearances, speaking engagements and occasional small exhibitions.

A post shared by Floyd Mayweather (@floydmayweather) on Nov 7, 2018 at 10:53am PST

"Now that I am back on U.S. soil after a long and disappointing trip to Tokyo, I now have the time to address you, my fans and the media in regards to the upcoming event on December 31st that was recently announced. First and foremost, I want it to be clear that I, Floyd Mayweather, never agreed to an official bout with Tenshin Nasukawa," Floyd's intern typed.

In fact (with all due respect) I have never heard of him until this recent trip to Japan. Ultimately, I was asked to participate in a 9 minute exhibition of 3 rounds with an opponent selected by the "Rizen Fighting Federation". What I was originally informed of by Brent Johnson of 'One Entertainment' was that this was to be an exhibition put on for a small group of wealthy spectators for a very large fee. This exhibition was previously arranged as a "Special Bout" purely for entertainment purposes with no intentions of being represented as an official fight card nor televised worldwide. Once I arrived to the press conference, my team and I were completely derailed by the new direction this event was going and we should have put a stop to it immediately. I want to sincerely apologize to my fans for the very misleading information that was announced during this press conference and I can assure you that I too was completely blindsided by the arrangements that were being made without my consent nor approval.

For the sake of the several fans and attendees that flew in from all parts of the world to attend this past press conference, I was hesitant to create a huge disturbance by combating what was being said and for that I am truly sorry. I am a retired boxer that earns an unprecedented amount of money, globally, for appearances, speaking engagements and occasional small exhibitions."

OK, so it sounds like Floyd travels the world and puts on private exhibitions for "wealthy spectators." (Would he fight a bear? A Roman gladiator?) Or at least he wants to spend his retirement doing this.

Does that sound like a good business practice or a man that owes money to the IRS?