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Mike Tyson Down to his last $5,000

Discussion in 'Other Sports' started by RocketMan Tex, Feb 10, 2004.

  1. RocketMan Tex

    RocketMan Tex Member

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    $200 million down to five grand. In Al Bundy terms, that is one hell of alot of pizza and hookers. But....is anyone really surprised? Especially considering the Don King factor!

    http://sports.espn.go.com/sports/boxing/news/story?id=1731620


    Documents: Tyson Financial Situation is Dire

    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.
     
  2. KingCheetah

    KingCheetah Atomic Playboy
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    Tyson vs. Roy Jones will happen this year.
     
  3. RocketMan Tex

    RocketMan Tex Member

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    The more I think about it, the more I think you are correct. Tyson will be lucky if he doesn't get killed in the ring against Jones.
     
  4. droxford

    droxford Member

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    I doubt that Roy would give Tyson that opportunity.

    And I thought Oscar said he was retiring?

    -- droxford
     
  5. bamaslammer

    bamaslammer Member

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    I'd love to see Roy Jones Jr. reduce Tyson hamburger. No one punches faster than RJJ. Sometimes during his fights, you can't even see his punches!!!!!!
     
  6. KingCheetah

    KingCheetah Atomic Playboy
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    Roy has been talking one on one (directly) with Tyson - the major difficulty has been Mike's latest court case.

    Oscar has two or three major fights left.
     
  7. drapg

    drapg Member

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    So how long until one of his championship belts hits eBay?
     
  8. SamFisher

    SamFisher Member

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    Isn't he supposed to fight Bob "The Beast" Sapp in a K-1 rules match?

    That has got to happen, I love the Beast, he's not a great figher but fun to watch.
     
  9. TheFreak

    TheFreak Member

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    Hopefully he doesn't get a speeding ticket in Finland...
     
  10. drapg

    drapg Member

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    He'll only get charged like 14 cents.
     
  11. A-Train

    A-Train Member

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    I wish I could ever be "down" to $5,000
     
  12. A-Train

    A-Train Member

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    Hell, if I ever got a ticket in Finland, they'd have to pay ME 50 bucks!! I am soooo there...
     
  13. rockHEAD

    rockHEAD Member

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    he will be lucky if DOES get killed thus ending his financial woes. Allah (Lord) knows he'll blow the next wad of cash he gets as fast as he blew the last.
     
  14. Rashmon

    Rashmon Member

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    George Foreman wants to fight again...
     
  15. Woofer

    Woofer Member

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    What do you do for a living?
     
  16. farhan007

    farhan007 Member

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    he would need his lean and mean grilling machine as boxing gloves
     
  17. sums41

    sums41 Member

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    he can allways go back and cohost the jimmy cimmel show, he was kind of funny in it.
     
  18. IROC it

    IROC it Member

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    Wow. Tyson reaches my financial bracket and the media cries tragedy.

    :rolleyes:
     
  19. AntiSonic

    AntiSonic Member

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    That's the funniest part. What'd he do, work at Jack In The Box for an hour?!
     
  20. PhiSlammaJamma

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    As stupid as those rocky movies were at the time, they weren't that far from the truth.
     

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