Floyd Mayweather's exhibition fight against Mike Zambidis in Greece on Saturday has been called off, according to federal court records filed Thursday.
The fight had been in question after CSI, an events company contracted to hold two other Mayweather fights, sued Mayweather in the Southern District of New York district court alleging breach of contract and filed an emergency injunction petition to halt the fight.
"Because Plaintiffs' Motion remains pending without a ruling, the Mayweather-Zambidis event will no longer proceed in Athens, Greece as planned on Saturday evening," attorney Melissa Glass wrote in a letter to the court. "Plaintiffs' commencement of this action and filing of the Motion, as well as their legal threats domestically and in Greece, have effectively stopped any promotion or distribution plans for the event and halted ticket sales."
Depending on the result of the injunction ruling, Glass' letter said Mayweather-Zambidis could be rescheduled.
CSI attorney Judd Burstein sent a letter to District Court Judge Vernon S. Broderick on Thursday afternoon asking the court to grant the emergency injunction application following the cancellation of the Mayweather-Zambidis fight in order to keep Mayweather from contracting another fight before the preliminary injunction hearing.
Burstein asked for a "nominal bond" to be placed with the emergency injunction if it is granted since the restraining order would no longer be the reason for the fight being halted.
Since the Mayweather-Zambidis fight is no longer taking place Saturday, Broderick wrote in an order Thursday afternoon that "it is not clear to me what 'irreparable harm' will 'occur immediately,' while I adjudicate the merits of [CSI's] motion for a preliminary injunction."
Broderick decided to wait on ruling about the temporary restraining order application until he hears from CSI and Mayweather about "the need for an immediate ruling" and what a schedule might be for discovery and other legal filings leading up to a preliminary injunction hearing. He offered to meet with attorneys for CSI and Mayweather at a time of their choosing early next week.
Prior legal filings in the case cited Ticketmaster stopping sales of tickets for the six-round exhibition in March. DAZN had been a potential broadcaster of the fight, but a court filing Thursday from promoter Keane Anis of Front Row said DAZN wanted to wait until the court made a decision before proceeding with showing the fight. On Wednesday, Glass told the court there was no current broadcaster set up for the fight.
Glass wrote "the fluid situation on the ground in Athens and significant damage to the commercial viability of the event" led to its cancellation.
Anis said in a supporting document that they had prepared to proceed with the fight had the legal matters been resolved "sufficiently in advance of the Event," but that it became "no longer commercially or operationally feasible to proceed."
Anis claimed the fight cancellation "has caused substantial practical, contractual, commercial and reputational harm to Front Row and numerous third parties" and they are unable to quantify the amount after.
Anis alleged Front Row spent or committed around $7 million on the fight and has paid Mayweather $3 million along with travel expenses for Mayweather's team. Additional deals could have made Mayweather at least $10 million off the Zambidis fight, according to the filing.
Mayweather's manager, Walter Jordan, alleged in a court filing Mayweather spent $250,000 of his own money for his training camp for the Zambidis fight and that money is not recoverable in the event of the fight's cancellation.
If the court still decides to grant the injunction, Mayweather's attorneys asked for a $15 million bond from CSI.