Taking Entries For '17 Sports Business Awards Bucks' Edens Buying Into E-Sports Justin Verlander Purchase $5.25 Beverly Hills Home Weekend Plans With NFL Giants VP Don Sperling Executive Transactions Names In The News Going Off The Grid Executive Transactions Names In The News Taking Entries For '17 Sports Business Awards
NAMES IN THE NEWS
Published July 23, 1996
According to a report in this morning's N.Y. POST by Jack Newfield, boxing promoter BOB ARUM has made a deal with federal investigators for immunity in exchange for testimony that he paid IBF President ROBERT LEE to "rig" the governing body's ratings system. An interview by Arum alleging corruption in the IBF will be published in next month's KO Magazine. While Lee denied the charges, the POST cites another source -- a boxing manager -- who reports payments for ranking. Newfield adds that the feds are also pursuing tax fraud charges against the IBF (N.Y. POST, 7/23).... Prosecutors will not confirm a report in the German news weekly DER SPIEGEL that STEFFI GRAF has agreed to pay $2M in taxes to end an ongoing investigation of tax evasion (USA TODAY, 7/23)....Former Phillies star JOHN KRUK comments to the N.Y. DAILY NEWS on the film, "The Fan," in which he makes his acting debut. Kruk: "They got books up above the damn dugout, and I told 'em there ain't a [expletive] baseball team in the world that's got books in the dugout. But they don't listen to me. Same thing with throwing and batting. I like [Wesley] Snipes and everything, but he hit a [expletive] building with that swing" (PEOPLE DAILY, 7/20).