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FINKEL SAYS TYSON'S BROKE; NV HEARING SET FOR TOMORROW
Published September 18, 1998
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).