Thursday, April 30, 2015

Suge Knight's Release from Jail Hinges on Floyd Mayweather Winning Fight Against Manny Pacquiao

After three months, 50-year-old Suge Knight has been in jail (on charges of murder and robbery) because he is unable to make bail. Bail was first set at a whopping $25 million, but was reduced to a whopping $10 million. Suge's lawyer asked the judge to reduce bail to a whopping $5 million, but the request was denied. Now, he's hoping to be released next week, but only if Floyd Mayweather wins against Manny Pacquiao in Las Vegas this weekend.
Suge Knight is betting undefeated boxer Floyd Mayweather will bail him out of jail. The rap mogul was in good spirits Thursday as he pleaded not guilty to murder at a follow-up arraignment, and received a July 7 trial date. Knight's lawyer said the co-founder of Death Row Records was ready to face a jury and was optimistic that Mayweather would cover his $10 million bail once a Saturday blockbuster bout with Manny Pacquiao in Las Vegas is done. “My understanding is that Suge is going to be bailed out this coming week,” lawyer Matthew Fletcher told the Daily News outside court. “We think Mr. Mayweather is going to win the championship and then come champion the day again,” he said. “They're good friends, and there's no reason he shouldn't. And we believe that will happen.”

source: NY Daily News
Ahem, according to reports, Floyd Mayweather has a net worth of $280 million -- yes, 280 MILLION US DOLLARS -- (he made $150 MILLION in 2014, alone) so if he wanted to, couldn't he write a $10 million check today to get Suge out of jail? (See update, below) Any who, when the trial gets on the way in July, it's expected to last 16 days, but Suge's attorney is hoping the case gets dismissed by then. He says prosecutors stumbled during the preliminary hearing and failed to adequately identify Suge as the driver of the truck seen mowing down the two men. That hearing is scheduled for May 29.

Update: According to TMZ, Floyd and Suge are not friends and the boxer will not be paying Suge's bail.
Bad news for Suge Knight ... Floyd Mayweather will NOT be posting his $10 million bail if he wins his fight this weekend ... this according to a key member of Floyd's Money Team. TMZ Sports just got off the phone with one of Floyd's most trusted members of his TMT crew -- who tells us Suge's lawyer was just plain wrong when he told media outlets there was a plan in place for Floyd to fork over the money. We're told Floyd and Suge were close in the past -- but they haven't been in contact in several years. Suge is currently locked up in L.A. on murder charges -- and his attorney Matthew Fletcher reportedly said Knight was counting on Floyd to cover his bail. We reached out to Fletcher for comment -- who says he only made the comments because that's what he was told by Suge's family.

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