Tyson files for bankruptcy (Iron Mike will have to get a regular job)

[IndianaGreen]

Last Updated: Sunday, 3 August, 2003, 08:02 GMT 09:02 UK
Tyson files for bankruptcy



Former world heavyweight champion Mike Tyson has filed for protection in the US Bankruptcy Court, claiming his finances are in disarray.

Tyson is said to have squandered nearly $300m in ring earnings through lavish spending and bad advice.

"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 37-year-old spent extravagantly on mansions, Bentley cars, jewellery, and even pet Bengal tigers while buying expensive gifts for his large entourage.

http://news.bbc.co.uk/sport2/hi/boxing/3120237.stm

[realFedUp]

1. blacksmith?

seems like a good job for a guy named "Iron".

[sfecap]

2. Gee, maybe he'll have to go back to mugging little old

ladies for their SSI checks.

Poor Mike.

[IndianaGreen]

4. Setting aside our feelings about convicted rapist Mike Tyson

Someone ought to take a look at how these boxing promoters take advantage of young men that have nothing going for them except for their fists, and squeeze every dollar of profit they can from them before discarding them into the garbage bin.

The same can be said about other sports!

[whoYaCallinAlib]

3. Hard to feel sorry for a rapist.

So I won't.