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#1
Old 01-17-2011, 10:40 PM
bukakke
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Default How exactly did Don King rob his fighters?

I always heard people call don King corrupt, a thief, and that he steals from his fighters. But anyone know how he did it?

From what I heard Tyson got an excess of 20 million dollars a fight and at one time was worth over 300 million dollars. If Tyson had that much and than wasted it all I don't know how you can blame it on King. Also Tyson was known to be wasteful, he would just abandon Porsche's and Mercedes on the road when they ran out of gas. Not to mention he abandoned an expensive mansion in Ohio.
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#2
Old 01-17-2011, 10:43 PM
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contracts are a b1tch if you dont read them correctly
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#3
Old 01-17-2011, 10:57 PM
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Quote:
Originally Posted by bob marley View Post
contracts are a b1tch if you dont read them correctly
And Tyson unfortunately was not known for his scholastic skills.
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#4
Old 01-17-2011, 10:58 PM
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King has been involved in several litigation cases with boxers that were focused on fraud. They include a 1980 trial in which Muhammad Ali sued King for underpaying him $1.2 million for a fight with Larry Holmes. Ali settled for $50,000. Tim Witherspoon sued King and won $900,000. Mike Tyson sued King for $100 million, alleging the boxing promoter cheated him out of millions over more than a decade.[9] It was settled out of court for $14 million.[10]
In May 2005, King was sued by Lennox Lewis, who wanted $385 million from the promoter, claiming King used threats to pull Tyson away from a rematch with Lewis. Terry Norris settled a lawsuit out of court against Don King for breach of contract for $7.5 million. In early 2006, Chris Byrd sued Don King for breach of contract and the two eventually settled out of court under the condition that Byrd would be released from his contract with King.[11]
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#5
Old 01-17-2011, 10:59 PM
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Quote:
Originally Posted by Bierstadt View Post
And Tyson unfortunately was not known for his scholastic skills.
exactly.......
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#6
Old 01-17-2011, 11:30 PM
THE_BIG_HURT
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boxers got paid with don whether he stole from them or not.

Larry Holmes once said he made more money with Don King stealing from him than he did with any other promoter.
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#7
Old 01-17-2011, 11:32 PM
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Quote:
Originally Posted by THE_BIG_HURT View Post
boxers got paid with don whether he stole from them or not.

Larry Holmes once said he made more money with Don King stealing from him than he did with any other promoter.
true..but he still steals
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#8
Old 01-17-2011, 11:36 PM
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If you saw the Social Network, you will see, its pretty damn easy for a clever ****er like that to rob you
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#9
Old 01-17-2011, 11:49 PM
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CBMT -- charge back mike tyson

That's what the government found in his bookkeeping
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#10
Old 01-17-2011, 11:56 PM
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Fighters under king made good money, but there were principles that were overlooked hence the lawsuits and settlements.

If someone comes form nothing and has nothing and is promised 30mill and only gets 20mill, there's a breach of principle despite how much richer the person is
compared to what he used to have.

I'm sure others have much harsher words for King's way of doing business.
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