Why did Michael Spinks retire after tyson KO?

STILL_DETOX

can anyone school me on this

BostonGuy

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

Scott9945

Quote:

Originally Posted by BostonGuy

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.

BostonGuy

Quote:

Originally Posted by Scott9945

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???

Scott9945 · 11:09 PM

Quote:

Originally Posted by STILL_DETOX

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.

crold1

Quote:

Originally Posted by Scott9945

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.

TysonBomb · 04:56 AM

He got raped by Tyson

Trauma was too much for him

STILL_DETOX

Quote:

Originally Posted by Scott9945

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.

.

jackson8

Would have been fun if he tried to drop down to cruiserweight and was there when Holyfield was.

greynotsoold

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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BostonGuy Emeritus Champion Join Date: Feb 2008 Location: Boston Posts: 6,377 Rep Power: 200000 Points: 405,988,420,090,406.75 Bank: 475,361,308,574,385,438,720.00 Total Points: 475,361,714,562,805,530,624.00 Donate	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

TysonBomb Interim Champion Join Date: Aug 2012 Posts: 508 Rep Power: 2 Points: 31,068.25 Bank: 0.00 Total Points: 31,068.25 Donate	He got raped by Tyson Trauma was too much for him Last edited by TysonBomb; 12-29-2012 at 04:56 AM.

jackson8 Contender Join Date: Jul 2012 Posts: 161 Rep Power: 7 Points: 3,163.85 Bank: 20,678,476,206.13 Total Points: 20,678,479,369.98 Donate	Would have been fun if he tried to drop down to cruiserweight and was there when Holyfield was.

greynotsoold Contender Join Date: Mar 2012 Posts: 284 Rep Power: 2 Points: 5,006,300.29 Bank: 0.00 Total Points: 5,006,300.29 Donate	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.