Floyd Mayweather has offered to cover the funeral costs for George Floyd.

Floyd, an African-American man, was arrested by Minneapolis police on Monday, May 25th, for reportedly using a counterfeit $20 note in a store. While being detained, Derek Chauvin - a 19 year veteran of the force - knelt on his neck for eight minutes, which resulted in him losing consciousness, and later passing away.

Protests, both peaceful and violent, have since broken out across the country, with people demanding that all four officers involved be brought to justice.

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The former five-division world champion's promotional company, Mayweather Promotions, took to Twitter to confirm that he had made the offer, and per local news outlets, the family has accepted.

"Undisputed champion @floydmayweather told @HollywoodUL in an exclusive interview, that he will commit to paying for the funeral costs of George Floyd," they wrote.

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On Friday it was revealed that Derek Chauvin, the fired police officer recorded kneeling on Floyd's neck, had been detained and charged with third-degree murder and manslaughter.

More on Chauvin's arrest below:

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The 19-year veteran was arrested by the state’s bureau of criminal apprehension.

Hennepin County attorney Mike Freeman revealed in a statement: "We are in the process of continuing to review the evidence. There may be additional charges later."

Chauvin's wife has filed for divorce, according to a statement from her lawyers.

Per the Guardian, after reviewing the bodycam footage of Floyd's arrest, state charging documents allege that the now-former Minneapolis police officer held his knee on Floyd’s neck for a total of nearly nine minutes.

It also states that Chauvin kept his knee on Floyd's neck for two minutes and 43 seconds after Floyd had become non-responsive.

Floyd's family has since released a statement calling Chauvin's arrest a "welcome but overdue step on the road to justice” and added that members “expected a first-degree murder charge" - which they still demand.

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"The pain that the black community feels over this murder and what it reflects about the treatment of black people in America is raw and spilling out on to streets across [the country]," the statement added.

The statement concluded by saying:

"Today, George Floyd's family is having to explain to his children why their father was executed by police on video. It's essential that the City closely examines and changes its policing policies and training procedures to correct for the lack of proper field supervision; the use of appropriate, non-lethal restraint techniques; the ability to recognize medical signs associated with the restriction of airflow, and the legal duty to seek emergency medical care and stop a civil rights violation."

A list of resources to support the Black Lives Matter movement can be found, here.

Floyd Mayweather offers to pay for George Floyd's funeral