sablescort
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whoooops 400 million down the toilet for Mike Tyson!
That makes Evander Holyfield look like a choirboy when it comes to throwing $ around!
Now reality just hit Mike harder than the below-the-belt punch!
Mike Tyson files for bankruptcy
Mon Aug 4, 2:10 PM ET Add U.S. National - AFP to My Yahoo!
NEW YORK (AFP) - Former world heavyweight champion Mike Tyson has filed for bankruptcy, one week after he was arraigned on charges of third-degree assault, court officials said.
Tyson's filed for Chapter 11 protection on Friday with the US Bankruptcy Court in Manhattan, the officials said.
Tyson has effectively wiped away 300million dollars he earned in his career wasted on a lavish spending spree including 100,000 dollars on a rare tiger.
He has squandered a fortune once estimated in the hundreds of millions of dollars, although the boxer has placed part of the blame on promoter Don King, whom he is suing for 100 million dollars in a case scheduled to go to trial in September.
King reportedly has offered Tyson up to 20 million dollars to drop the lawsuit and renew their alliance from a decade ago, one that ended with Tyson accusing King of skimming money from his match purses.
Tyson's appearances currently seem limited to the courtroom rather than the boxing ring.
On September 3, he will appear to answer assault and disorderly conduct charges stemming from a brawl in thew Marriott Hotel in Brooklyn.
Police say Tyson fought with two fans in the hotel lobby after turning down their autograph request.
Witnesses say the two men, Samuel Velez and Nestor Alvarez, both of Pennsylvania, made fun of Tyson's facial tattoo after their request was denied.
Tyson served three years in prison for the 1992 rape of beauty pageant contestant Desiree Washington in an Indianapolis hotel room.
An assault on two motorists, who rear-ended his car, sent Tyson back to prison briefly in 1999.
Mike KO'd by Debt
edit: List of what Dumb-Ass Mike owes:
$13 million to the IRS and $4 million for British taxes;
$308,749.60 to a California limousine company;
$173,706.05 to a Las Vegas jewelry company for a custom-made, 80-carat diamond necklace;
$60,000 to a Beverly Hills, Calif., Ferrari dealership;
$78,000 to Darius rugs, a Manhattan company;
$30,000 to the Diamond Resort in Hawaii;
$51,949.42 in child support to Kimberly Scarborough, the mother of his 13-year-old daughter, Mickey.
That makes Evander Holyfield look like a choirboy when it comes to throwing $ around!
Now reality just hit Mike harder than the below-the-belt punch!
Mike Tyson files for bankruptcy
Mon Aug 4, 2:10 PM ET Add U.S. National - AFP to My Yahoo!
NEW YORK (AFP) - Former world heavyweight champion Mike Tyson has filed for bankruptcy, one week after he was arraigned on charges of third-degree assault, court officials said.
Tyson's filed for Chapter 11 protection on Friday with the US Bankruptcy Court in Manhattan, the officials said.
Tyson has effectively wiped away 300million dollars he earned in his career wasted on a lavish spending spree including 100,000 dollars on a rare tiger.
He has squandered a fortune once estimated in the hundreds of millions of dollars, although the boxer has placed part of the blame on promoter Don King, whom he is suing for 100 million dollars in a case scheduled to go to trial in September.
King reportedly has offered Tyson up to 20 million dollars to drop the lawsuit and renew their alliance from a decade ago, one that ended with Tyson accusing King of skimming money from his match purses.
Tyson's appearances currently seem limited to the courtroom rather than the boxing ring.
On September 3, he will appear to answer assault and disorderly conduct charges stemming from a brawl in thew Marriott Hotel in Brooklyn.
Police say Tyson fought with two fans in the hotel lobby after turning down their autograph request.
Witnesses say the two men, Samuel Velez and Nestor Alvarez, both of Pennsylvania, made fun of Tyson's facial tattoo after their request was denied.
Tyson served three years in prison for the 1992 rape of beauty pageant contestant Desiree Washington in an Indianapolis hotel room.
An assault on two motorists, who rear-ended his car, sent Tyson back to prison briefly in 1999.
Mike KO'd by Debt
edit: List of what Dumb-Ass Mike owes:
$13 million to the IRS and $4 million for British taxes;
$308,749.60 to a California limousine company;
$173,706.05 to a Las Vegas jewelry company for a custom-made, 80-carat diamond necklace;
$60,000 to a Beverly Hills, Calif., Ferrari dealership;
$78,000 to Darius rugs, a Manhattan company;
$30,000 to the Diamond Resort in Hawaii;
$51,949.42 in child support to Kimberly Scarborough, the mother of his 13-year-old daughter, Mickey.
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Yeah -- quite a few lawsuits have hit Tyson for rape. Tsk tsk on him! He's a bad role model, period. Need I say more?