Tyson files for Bankruptcy

pplargo

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some balls on this guy

should'nt have pissed all your money away on your cronies and other bs


Saturday, August 2

Tyson has earned more money than any other boxer

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Associated Press


NEW YORK -- Mike Tyson has filed for Chapter 11 protection in U.S. Bankruptcy Court, claiming his finances are in disarray.

The former heavyweight champion has squandered nearly $300 million in ring earnings through lavish spending and bad advice. Tyson's handlers said in a news release on Friday that Tyson has taken control of himself and wants to resolve his financial problems.


They blamed his out-of-control spending habits and subsequent mounting debt on mismanagement by others.

"As a professional fighter, who relied on others to manage his affairs, he discovered that his debts far exceeded his assets," Tyson's attorney Debra Grassgreen said. "Now, he has taken the lead in bringing order to his financial affairs."


The fighter frittered away millions on mansions, Bentleys, jewelry, and even Bengal tigers while buying extravagant gifts for his entourage. Don King also took a huge chunk.


Tyson has a $100 million lawsuit pending against King that goes to trial in September. The suit claims King cheated Tyson out of millions after he got out of prison in 1995 and went back to fighting for the promoter.


Earlier this year, as part of a divorce settlement, Tyson agreed to pay his ex-wife, Monica, $6.5 million from future earnings.


Besides his financial problems, Tyson is also facing possible jail time again.


He pleaded innocent last month to misdemeanor assault, harassment and disorderly conduct charges for pummeling two men during a brawl at a Brooklyn hotel on June 21. Tyson's lawyers claimed his actions were justified because the two men allegedly menaced the boxer first by telling him they were armed. Prosecutors say the assault went too far.


Tyson, who served three years in prison for rape in the 1990s, faces up to a year if convicted of the latest charges.
 

THE KOD

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NEW YORK -- Mike Tyson says he has lost his soul as a human being and hates himself.

"Maybe in my next life, I'll have a better life," Tyson said in an interview for Fox Sports Net's "Beyond the Glory," to be broadcast July 16. "And that's why I'm just looking forward to go to the other world. 'Cause I really hate the way I live now. And I hate my life now."

Tyson's former wife, actress Robin Givens, also talks about being abused by the boxer.

According to transcripts of the show, Givens says Tyson would choke and kick her, often causing her to vomit. He would then begin to cry while she consoled him.

"It just started getting dangerous," Givens said.

Both Tyson and Givens acknowledged that repeated infidelities on Tyson's part put a strain on the one-year marriage.

The couple divorced in 1989.
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Cant take someone like Tyson off the streets where he was mugging people for a living and expect anything better.

So much money and so many people trying to get his money I can see why bankruptcy is on the plate. King really screwed him over as he has done many times before. Oh yeh King served time for murder also. Thats a nice person to be handling your millions for you.

Its really sad. The bi-polar thing has made Tyson deeply depressed constantly and its surprising he can make it through the day. I am sure he is on heavy meds to control it but he probably stops taking them. It would be scary to live around this guy never knowing when he was going to go off.

KOD
 
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SixFive

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lol! dawn king, he toowk aw my monie! At least Don is black so Tyson can't blame him for discrimination.
 

cisco

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How much did Robin (and her mother) squeeze out of him? I think it was $10 million or so. She did better than this one did.
 

djv

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Don King and the US government took over half. Lawyers at least 1/4 and all his fault he needed them. so he pissed 1/4 away. Chit go on welfare.
 

fletcher

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what a bunch of bs , you should see his house here it is about 2 miles from lanny's and mine we live in a upscale part of the valley called green valley houses are nice and good size ours is a smaller one 2,250 sq feet lanny's is about 2,800 or so and tysons is by wayne newtons compound and arondls and dina ross and some prince from mid east they are all huge compound houses about 7-8 times the size of ours and they have 15 foot walls around them we have 8 and they go each house and land about 1/4 mile stretch each. tyson always has 8-9 top price cars in drive way behind his big steel gates no money bs that is just away to not pay bills and i know his house is homesteded so can't be touched because everyone with half a brain does it out here when you buy a house. it would go for over 3.8 million they said not long ago in the paper out here talking about some of the vegas houses. you want to see a unreal house penn gillett from penn and teller has a real wild house it is also huge. wayne newtons house is huge ray and tara saw all of these but the bigest is this prince guys house it has 3 gyest houses on the land. tyson is far from broke.
 

THE KOD

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Here is a timeline of just the violence in Tysons life:

"1978 -- Arrested for purse snatching as a 12-year-old in Brooklyn and sent to Tryon School for Boys.

1982 -- Expelled from Catskill High School for a series of transgressions.

June 17, 1988 -- Givens and her family go public with tales of beatings by Tyson.

Aug. 23, 1988 -- Breaks a bone in his right hand in a 4 a.m. street brawl with professional fighter Mitch Green in Harlem.

Sept. 4, 1988 -- Tyson is knocked unconscious after driving his BMW into a tree. Three days later, the New York Daily News reports the accident was a "suicide attempt" caused by a "chemical imbalance" that made him violent and irrational.

Sept. 30, 1988 -- Givens says in a nationally televised interview that Tyson is a manic-depressive and that she is afraid of him. Tyson sits meekly next to her.Oct. 7, 1988 -- Givens files for divorce.

Dec. 12, 1988 -- Sandra Miller of New York sues Tyson for allegedly grabbing her, propositioning her and insulting her at a nightclub. A jury later finds Tyson guilty of battery, fining him only $100.

Dec. 15, 1988 -- Lori Davis of New York sues Tyson for allegedly grabbing her buttocks while she was dancing at the same nightclub on the same night as the incident with Miller.

April 9, 1989 -- Accused of striking a parking attendant three times with an open hand outside a Los Angeles nightclub after the attendant asked Tyson to move his Mercedes--Benz out of a spot reserved for the club's owner. The charges are later dropped due to lack of witness cooperation.

Nov. 1, 1990 -- A New York City civil jury finds Tyson committed battery in the Sandra Miller case, but Miller is awarded just $100 in damages because the jury decides Tyson's behavior was "not outrageous."

July 18, 1991 -- Tyson meets Desiree Washington, a Miss Black America contestant, at a pageant rehearsal. They go to the boxer's hotel room in the early morning hours.

July 22, 1991 -- Washington files a complaint with police accusing Tyson of rape.

Sept. 9, 1991 -- A special grand jury indicts Tyson on rape and three other charges. Two days later, he is booked in Indianapolis and released on $30,000 cash bond.

Feb. 10, 1992 -- After nine hours of deliberation, Tyson is found guilty on one count of rape and two counts of deviate sexual conduct.

March 26, 1992 -- Superior Court Judge Patricia Gifford sentences Tyson to 10 years in prison, suspending four. She orders him to serve the term immediately.

May 8, 1992 -- Tyson is found guilty of threatening a guard and disorderly conduct in prison, adding 15 days to his sentence.

Oct. 28, 1992 -- Tyson's father, Jimmy Kirkpatrick, dies in Brooklyn, N.Y. Tyson does not ask for a leave to attend the funeral.

Aug. 6, 1993 -- By a 2-1 vote, the Indiana Court of Appeals upholds Tyson's conviction.

Sept. 2, 1993 -- The Indiana Supreme Court denies Tyson's appeal without comment.

March 25, 1995 -- Tyson is released from the Indiana Youth Center near Plainfield, Ind.

June 28, 1997 -- Tyson is disqualified after the third round of his rematch with Holyfield after he bites Holyfield twice, once on each ear. Tyson claims he was retaliating for a head butt inflicted by Holyfield that opened up a gash above his right eye. Referee Mills Lane ruled the butt was accidental.

July 9, 1997 -- The Nevada State Athletic Commission, in a unanimous voice vote, revoked Mike Tyson's boxing license and fined him $3 million for biting Holyfield.

Oct. 16, 1997 -- Ordered to pay boxer Mitch Green $ 45,000 even though a jury ruled the former heavyweight champion was provoked into a Harlem street fight in 1988.

Oct. 29, 1997 -- Broke a rib and punctured a lung on his right side when his motorcycle skidded off a Connecticut highway after hitting a patch of sand.

March 5, 1998 -- Filed a $100 million lawsuit in U.S. District Court in New York against Don King, accusing the promoter of cheating him out of tens of millions of dollars.

March 9, 1998 -- Sherry Cole and Chevelle Butts filed a $22 million lawsuit against Tyson claiming he verbally and physically abused them March 1 at a Washington bistro them at a restaurant after his sexual advances toward one of them were spurned.

July 29, 1998 -- Appeared before the New Jersey Athletic Control Board to get a boxing license to resume his career. Tyson first choked back tears as he apologized for biting Evander Holyfield's ears. At the end of his 35-minute appearance, however, Tyson cursed in front of regulators after being continually questioned about biting Holyfield.

Aug. 31, 1998 -- Was involved in a minor auto accident in Gaithersburg, Md., and had to be restrained by bodyguards from fighting the driver of the other car.

Sept. 2, 1998 -- Richard Hardick filed an assault charge against Tyson. Hardick says he was kicked in the groin by Tyson after his car rear-ended a Mercedes driven by Tyson's wife, Monica, on Aug. 31.

Dec. 1, 1998 -- Tyson pleads no contest to misdemeanor assault for kicking and punching two motorists involved in the Aug. 31 auto accident in Maryland.

Feb. 5, 1999 -- Tyson was sentenced to two concurrent two-year sentences for assaulting two motorists after a traffic accident last summer. Judge Stephen Johnson suspended all but one year of jail time. Tyson was also fined $5,000 and sentenced to two years' probation after his release from jail. The decision could lead to more jail time for violating parole in Indiana.

Feb. 20, 1999 -- Tyson was put in an isolation cell after a disturbance Saturday night at the Montgomery County Detention Center. Several TV stations in Washington reported that Tyson became upset, either in his cell or a break room, and threw a television set. The set narrowly missed jail guards, and there were no injuries. It was later reported that Tyson was taken off anti-depressants two days previous to this incident.

Dec. 10, 1999 -- Tyson won't have ferret neglect charges on his record. Authorities say they won't charge the former heavyweight champion with neglecting two ferrets at his Las Vegas home mostly because they don't know who was supposed to be taking care of the animals.

Feb 8, 2000 -- Former heavyweight champion Mike Tyson reached a settlement Monday with two women who alleged the boxer assaulted them at a restaurant in the nation's capital, The Washington Post reported in its Tuesday and Chevelle Butts, both 33, filed the lawsuit in U.S. District Court in Greenbelt. They said they were in the Au Pied de Cochon restaurant in the city's Georgetown neighborhood on March, 1, 1998, when Tyson grabbed Cole and requested a sexual relationship. They alleged Tyson, who served time in an Indiana prison for a rape conviction, swore at Butts after learning she was a correctional officer. In papers filed by Tyson's lawyers, six witnesses said the boxer was verbally harassed by the women and was not abusive. Cole and Butts were seeking a total of $7.5 million in damages. Lawyers for both sides said they agreed to keep terms of the settlement confidential.

May 19, 2000 -- American boxer Mike Tyson's lawyer said that his client is determined to clear his name following allegations that the boxer hit a stripper in a Las Vegas nightclub. The dancer, Victoria Bianco, has filed a report on the alleged incident with local police who are now investigating her claim, according to the BBC reports on Friday. Bianco claims the former world heavyweight champion punched her in the chest and hurled expletives at her in a club where she was working as a topless dancer. Police were called to the scene, but after interviewing witnesses, including Tyson himself, they decided not to press charges.

June 27, 2000 -- A former topless dancer is seeking unspecified damages from heavyweight boxer Mike Tyson in connection with a May incident in which she says the boxer struck her while she was at work. In a lawsuit filed Friday, Victoria Bianco said Tyson struck her in the chest without provocation at Cheetah's, a topless club near downtown Las Vegas. The lawsuit has not been brought to court yet (as of Jan. 23, 2002).

June 24, 2000 -- vs. Lou Savarese. Tyson knocked the referee down in order to keep punching Savarese after the bout was stopped.

August 22, 2000 -- Tyson was fined $187,500 for his behavior after his 38-second victory over Lou Savarese but escaped a ban from fighting again in Britain.

July 29, 2001 --Authorities in California continued investigating an allegation that he sexually assaulted Arlene Moorman, 50, at his rented home in the small mountain town of Big Bear City. Tyson, a former world champion who served three years in prison for a 1992 rape, has not been charged in the alleged incident, although San Bernardino County sheriff's investigators have indicated they wanted to question the boxer in the near future.

Dec. 18, 2001 -- Police were today investigating claims that Mike Tyson assaulted an ex--boxer outside a New York nightclub. Retired heavyweight Mitchell Rose has filed a complaint, claiming Tyson attacked him after he made a joke about the former champion's entourage of women.

Jan. 2, 2002 -- Mike Tyson checked out of a Havana hotel early Wednesday, a day after witnesses said he tossed glass Christmas ornaments at journalists trying to interview him. There were no reports of injuries, arrests or serious damage following the Tuesday evening dispute.

Jan. 22, 20002 -- Police in Las Vegas said that they found evidence supporting a woman's claim she was raped by Tyson. The case is with the local district attorney's office, which will decide over the next weeks whether to charge Tyson.
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wow does trouble ever follow Iron Mike or what ?

KOD
 

yyz

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I'm not taking the guys side, but how much of those $300,000,000 worth of purses do you think he saw?

He was a dumb street thug, who was an easy mark for the much sharper people around him. Don King and the likes, took home far more of Mike's money than he did!

I remember seeing a documentary on another fighter a while back. He "made" 10 million on a fight. When they broke it all down, the guy actually took home a couple hundred grand! Everyone else ate the pie!

Now, it;s easy to say "Mike should have been better with the cash", but I submit that his "people" never told him where his money was going! Like I said, he was a great mark for all of those hustlers.
 

beantownjim

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I WONDER NOW IF HE WILL GO BACK TO HARVARD AND FINISH HIS EDUCATION:shrug: WHAT THE F-CK HOW DO YOU LOSE 300 MILLION DOLLARS WOW THIS IS ONE SMART NIGERIAN:rolleyes: HE WILL EITHER BE DEAD IN 3 YEARS OR HE WILL KILL SOMEBODY EITHER WAY I WOULDNT WANT TO BE HIS FRIEND RIGHT ABOUT NOW HE IS A TIME BOMB WAITING TO EXPLODE:firing:

WOULD THE LAST AMERICAN LEAVING SOUTH BOSTON PLEASE GRAB THE FLAG:thefinger (THE RUSSIANS ARE COMING)
 

DOGS THAT BARK

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Is it genes,environment or both? You get a daily diet of rapes,murders ect in so many sports yet the biggest scandal I can remember in last decade in golf was Daly and Begay getting a dui.
ie you read of Rotweillers mangling people daily but don't believe I ever read of a Collie attacking anyone?
 
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