Jon Jones forced to pay off debts totalling around ₹10 Crore

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Earlier this month, Jon Jones’ former coach Frank Lester accused him of not paying $13,000 of his remaining fees for the training camp that he underwent for the UFC 235 fight against Thiago Santos. Now, Jon Jones is being forced by the Federal government and State government to pay off debts which totals around $1.5 Million or ₹10 Crore.

The tax liens which he has been hit with dates back to December of 2018 and covering the tax years 2014-2016 (federal) and 2015-2017 (state). According to internal revenue services:

A federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt. The lien protects the government’s interest in all your property, including real estate, personal property and financial assets. A federal tax lien exists after:

The IRS:

  • Puts your balance due on the books (assesses your liability);
  • Sends you a bill that explains how much you owe (Notice and Demand for Payment); and

You:

  • Neglect or refuse to fully pay the debt in time.

BloodyElbow had the detailed break down of all his unpaid tax liens and from 2014 to 2016, Jones owed about $1.3 Million in federal tax liens. On the other hand, he owed around $87,257.15 in New Mexico state tax.

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Jay Rock

Jay Rock

MMA, Boxing, NBA, Cricket, Betting

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