SBD/5/Sports Industrialists


          In a statement released yesterday, MIKE TYSON said, "I
     have taken control of my own affairs, both personal and
     business.  I have hired new attorneys and accountants who
     report directly to me.  I have formed Mike Tyson Enterprises
     and I am in the process of moving forward with my life"
     (CNN/SI, 2/4).  NEWSDAY's Greg Logan writes that DON KING's
     "worst fears apparently have come true" as Tyson "has
     engaged high-powered Hollywood attorney, JOHN BRANCA, who
     has represented MICHAEL JACKSON and the ROLLING STONES, to
     handle his affairs."  Branca "has dispatched letters of
     termination to Tyson's co-managers, JOHN HORNE and RORY
     HOLLOWAY, and Tyson has made it clear to several people in
     the boxing business that he wants to ends his relationship
     with King."  But Logan adds that reports that Tyson is "near
     broke appear to be vastly exaggerated" (NEWSDAY, 2/5). 
     Tyson's statement was issued by JEFF WALD, an L.A. music
     entrepreneur, who has teamed with IRVING AZOFF in recent
     promotions for GEORGE FOREMAN.  In N.Y., Michael Katz
     reports that Tyson "contractually owes" King four fights and
     Showtime "about the same."  But Branca said that he
     "believes there is a way out."  Katz adds that Tyson
     "reportedly also is talking to wannabe promoter MAGIC
     JOHNSON" regarding a possible role (N.Y. DAILY NEWS, 2/5).
          KING'S THINGS: In a statement, King said, "I love Mike
     and he knows it.  But there are often outside forces and
     individuals that will try to capitalize on Mike's
     frustration" (Chris Thorne, Newark STAR-LEDGER, 2/5). 

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