Will Mike Tyson Promotions become a Major player?

Discussion in 'World Boxing Forum' started by SweetSciGuru, Jul 17, 2014.


  1. Savak

    Savak Guest

    My question is can all these business ventures Tyson is running ie the one man show, the iron mike productions as well as the interviews he gives along with the acting assignments on and off, can he get himself out of the bankruptcy proceedings? I remember a recent interview where he claimed the IRS had waived $2m in arrears for him.
     
  2. SweetSciGuru

    SweetSciGuru Boxing Junkie Full Member

    9,132
    5
    Feb 23, 2014
    Not only does he owe the IRS but he owed his ex-wife, the doctor $5-10M.

    I think Mike has decided not to worry about the money he owes and pay it off over time. He seems to have a Buddhist calm about himself nowadays, and not be worried about the small stuff. that's great.

    I think he will not have his life completely ruined by the IRS like he great Joe Louis did dying penniless.
     
  3. Savak

    Savak Guest

    I read in an article that his ex wife Monica respectful of Mikes terrible financial position later on filed an application to drop her name from the list of creditors seeking liquidation of Tysons assets. Now that is something really commendable on her part. In his autobiography, Tyson always speeks very nicely and appreciative of her that she was a very good spouse, fantastic mother, always had his best interests at heart. Only problem was he was never ever in love with her, he always viewed her as a good friend but not beyond that, he only married her as she had his kids.
     
  4. Tancred

    Tancred Boxing Junkie Full Member

    8,338
    4
    May 2, 2014
    I hope Tyson's company is a real success but I like others fear as it grows he will be less in control and others not so trustworthy gain power
     
  5. SweetSciGuru

    SweetSciGuru Boxing Junkie Full Member

    9,132
    5
    Feb 23, 2014
    Just that is true and she waved her claim to the money then that is rare and commendable.
    Mike's a great guy. Even with the financial stress he appears happy.
    Hopefully Evander Holyfield will take notes.