SBD/18/Sports Industrialists

FINKEL SAYS TYSON'S BROKE; NV HEARING SET FOR TOMORROW

          SHELLY FINKEL, the adviser for MIKE TYSON, said that
     Tyson "intends to fight somewhere before the year is out,"
     regardless of the outcome of his hearing in NV on Saturday,
     according to Ron Borges of the BOSTON GLOBE.  Finkel: "Mike
     has serious financial problems."  Finkel said Tyson "will
     absolutely fight" even if denied a license from the NV State
     Athletic Commission.  Tyson recently signed an extension on
     his exclusive contract with SHOWTIME "that provided him with
     a reported million-dollar bonus but also resulted in the
     cable network putting liens on much of his property." 
     Showtime "wants to ensure that if he doesn't fight again, it
     can get back some of the millions Tyson owes it."  The IRS
     recently "slapped" a $6.3M lien on Tyson's CT home, and
     Showtime has now "done the same with his other properties"
     (Ron Borges, BOSTON GLOBE, 9/18).  
          THE HEARING: Tyson, on his chances of being reinstated
     at the hearing: "I'm not very encouraged" (N.Y. TIMES,
     9/18).  In Las Vegas, Kevin Iole writes that there "is
     pressure on the commission to license Tyson because the
     economic benefit his fights bring to the state and the
     dearth of major boxing cards in Nevada in the past year." 
     Tonight's OSCAR DE LA HOYA-JULIO CESAR CHAVEZ fight is "the
     first major fight card" of '98 in NV (REVIEW-JOURNAL, 9/18).

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