Tyson is how broke???????????

baggio248 · 02-10-2004, 11:16 AM

200 million bucks and that's all he has left???? Loser!!

Quote:

ESPN.com news services
Mike Tyson has quite a few rounds to go to win his latest fight outside the ropes.

The former heavyweight champion, who earned more than $200 million in his two-decades-long boxing career, was down to his last $5,553 as of Dec. 31, according to papers filed with the U.S. Bankruptcy Court in New York.

Tyson has been pummeled financially for months and filed for Chapter 11 bankruptcy protection in August. The specifics of his debt woes were reported by Bloomberg News on Tuesday.

According to the court documents obtained by Bloomberg, Tyson also had $174,000 in property and equipment and more than $10.2 million in liabilities at the end of December. He reported earning $720,018 and spending $85.50 in December, Bloomberg reported, and earning $5.68 and spending $22,000 in November.

Bloomberg's report did not detail Tyson's source or sources of earnings.

Shelly Finkel, the fighter's manager, said last week that he is exploring a possible fight for Tyson for May or June. Tyson, who Finkel said wants to fight again, hasn't fought since last February, when he knocked out Clifford Etienne in 49 seconds. He earned $5 million for that fight.

Showtime network executive Jay Larkin said he is in talks with Finkel for a Tyson fight on June 5. Tyson has fought mainly on Showtime in recent years.

June 5 is when Oscar De La Hoya said he will have his next bout. De La Hoya fights on HBO.

Finkel said that Tyson, 37, has been working out with a bodyguard, but does not have a trainer yet.

cheapie · 02-10-2004, 12:05 PM

declare bankruptcy. get rid of all your debtors, and then start over with a couple multimillion dollar fights. he'd be set for life. course, he'll never do it. eff don king and the other shysters like him.

eSDee · 02-10-2004, 04:04 PM

He should fight Delahoya

bachviet · 02-10-2004, 04:27 PM

Quote:

Originally posted by DarkFury
Talk about the mis-management of money... including having too many "crooked friends, but not really friends" in your camp handling your finances.

Time to go and bite someone else's ear.

Having Don King as promoter for years makes matter worse.

raimin · 02-10-2004, 04:27 PM

Quote:

Originally posted by eSDeeLoco
He should fight Delahoya

never like the golden child anyways

feed him to the beast

sbp · 02-10-2004, 04:36 PM

Quote:

Originally posted by bachviet

Having Don King as promoter for years makes matter worse.

You don't think Don King is having a bad hair life since he is a nice guy.

ArkiStan · 02-16-2004, 03:57 AM

what happened to his scheduled bout with Bob Sapp?

hapoo · 02-16-2004, 04:13 AM

i'm sure all the lawsuits drainned his bank account as well

02-10-2004, 12:05 PM	#2
cheapie Chief of Naval Operations Join Date: Aug 2002 Location: raising my pimp hand strong Posts: 13,038	declare bankruptcy. get rid of all your debtors, and then start over with a couple multimillion dollar fights. he'd be set for life. course, he'll never do it. eff don king and the other shysters like him. __________________ 70% of the world is covered by water. The rest is covered by Bob Sanders

02-10-2004, 04:04 PM	#3
eSDee Old Skooler Numba 1 Join Date: Nov 2000 Location: Diego Posts: 10,063	He should fight Delahoya __________________ ~~~~~~~~~~~~ 3 days ~ Willie Nelson 3 days I dread to see arrive 3 days I hate to be alive 3 days filled with tears and sorrow yesterday today and tomorrow

02-16-2004, 04:13 AM	#8
hapoo Fleet Admiral Join Date: Jan 2000 Location: 742 Evergreen Terrace, Springfield USA Posts: 9,276	i'm sure all the lawsuits drainned his bank account as well __________________

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02-16-2004, 03:57 AM	#7
ArkiStan Admiral Join Date: May 2000 Location: Recession Central Posts: 5,898	what happened to his scheduled bout with Bob Sapp?

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