Mayweather, 39, has been consistently linked to making a comeback after amassing a 49-0 record and claiming world titles in five weight classes spanning three decades.
More recently, ‘Money’ was the subject of speculation regarding a rematch with welterweight rival Manny Pacquiao two years on from their 2015 super-fight.
As comments from Pacquiao’s promoter Bob Arum and trainer Freddie Roach flooded the media on a potential second bout, Mayweather made a confirmation statement which Sulaiman believes is for the good of the American’s legacy.
“I truthfully would like to applaud Floyd Mayweather for retiring at the top of his career,” Sulaiman exclusively told World Boxing News.
“He has money, he has health and is an example for generations to come of knowing when to retire.”
Asked whether he would personally like to see Mayweather fight Pacquiao again, Sulaiman answered: “I don’t know, but what I do know is Floyd Mayweather is a tremendous athlete and he takes care of his body and mind.
“He doesn’t go out and hurt his body with drugs or alcohol. He’s always in shape and I am sure he can still beat most active fighters for years to come.
“But you never know when it is that time and you have to try your best to retire when you feel ready and you know your body has completely declined.
“I really like the concept of Mayweather retiring undefeated after the greatest event in the history of boxing (against Pacquiao) and defeating every fighter in every division he ever fought.
“Undefeated, legendary, formidable and eternal. Any other scenario (Pacquiao rematch) I prefer not to speculate or comment on until things change,” he added.
It’s not only Pacquiao that’s sharing the headlines with Mayweather as MMA star Conor McGregor is another who has the pulling power to warrant a massive pay-per-view, but whether common ground could ever be found regarding the rules of an encounter had always been highly debatable.