Does anyone remember that Will Smith song from the early- to mid-90s? The music video was hysterical.
Is Mike Tyson really broke? It’s not our business but bloggable nonetheless. A London rag says he is. USAToday says he is. What’s the story? From USAToday:
The other part of Tyson’s story is well-known. The most feared boxer of his time, he spent three years in prison for rape and squandered some $300 million in purses over the years.
At the age of 38, he’s broke and living in a small house in Phoenix, where he’s in training. His two homes in Las Vegas are up for sale, with the proceeds already earmarked for the bankruptcy court fund to pay his numerous debts.
Tyson has to pay Uncle Sam:
The IRS is Tyson’s biggest creditor, owed $18 million by the former champion. He also owes taxes in several different states, including $834,000 in Tennessee for his 2002 fight there against Lennox Lewis.
And his ex-wife’s in for a pretty penny or two:
Under the plan, Tyson will also pay Monica Tyson $9 million, beginning with a $2.3 million payment when King makes his first payment. Monica Tyson will also get $750,000 from each Tyson fight.
Three-quarters of a million dollars just for watching the fight on TV. Sweet.
