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#1
Old 12-28-2012, 09:32 PM
STILL_DETOX
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Arrow Why did Michael Spinks retire after tyson KO?



can anyone school me on this
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#2
Old 12-28-2012, 09:41 PM
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Michael Spinks was financially savvy with his $$. He made millions from the Holmes fights and he made a huge payday fighting Tyson. I guess he decided he didn't want to get punched in the face for a living anymore and he had the financial means to get out the sport
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#3
Old 12-28-2012, 09:47 PM
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Originally Posted by BostonGuy View Post
Michael Spinks was financially savvy with his $$. He made millions from the Holmes fights and he made a huge payday fighting Tyson. I guess he decided he didn't want to get punched in the face for a living anymore and he had the financial means to get out the sport
Yes, Spinks put 20 million in the bank after the Tyson fight. That gives anyone the luxury of retirement.

Also Spinks had very bad knees.
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#4
Old 12-28-2012, 10:27 PM
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Originally Posted by Scott9945 View Post
Yes, Spinks put 20 million in the bank after the Tyson fight. That gives anyone the luxury of retirement.

Also Spinks had very bad knees.
That's an incredibly lucrative payday in today's dollars nevermind over 25 years ago. I guess it begs the question: were boxers better paid back in 70's, 80's, 90's???
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#5
Old 12-28-2012, 11:06 PM
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Originally Posted by STILL_DETOX View Post
dont lie to me u incompetent misinformed pig.



go to 8:50


I was going on what I remember reading at the time. Butch Lewis (Spinks' manager) claimed that he put 20 million in the bank the morning after the fight. I'm not presenting it as evidence in a trial.

And you sound very childish talking like that.

Last edited by Scott9945; 12-28-2012 at 11:09 PM.
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#6
Old 12-28-2012, 11:40 PM
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Originally Posted by Scott9945 View Post
I was going on what I remember reading at the time. Butch Lewis (Spinks' manager) claimed that he put 20 million in the bank the morning after the fight. I'm not presenting it as evidence in a trial.

And you sound very childish talking like that.
Those are also filed funds. Might not include whatever upsides were included etc. It was a boatload of money for someone who knows how to live like they have it not like they can spend it all and get more.
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#7
Old 12-29-2012, 12:03 AM
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He got raped by Tyson

Trauma was too much for him

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#8
Old 12-29-2012, 03:57 AM
STILL_DETOX
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Originally Posted by Scott9945 View Post
I was going on what I remember reading at the time. Butch Lewis (Spinks' manager) claimed that he put 20 million in the bank the morning after the fight. I'm not presenting it as evidence in a trial.

And you sound very childish talking like that.
.
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#9
Old 12-30-2012, 03:26 AM
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Would have been fun if he tried to drop down to cruiserweight and was there when Holyfield was.
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#10
Old 01-02-2013, 03:56 PM
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Where was he going to go? He was scared to death of, and was nearly killed by, the top heavyweight. And he had gone through a ton of physical changes to go from a bony LHW to a muscular 208 pounds; going back down would have been real tough, especially for a guy his age.
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