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Floyd Mayweather took to instagram to debunk the widely-believed rumor that he bet $10.4 million on the Denver Broncos to win. Mayweather was receiving tons of flack for betting so much on a football game when there are better uses for the millions.

Check out the boxer’s statement below and see what else he had to say on instagram:

“Somebody lied to you all. If I was going to bet, I would have bet on the Seattle Seahawks. I’m the best defensive fighter, it’s only right to go with the best defensive team.”

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