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REMATCH BRINGS RICHES : HOLYFIELD WILL GET AT LEAST $35 MILLION.


Byline: Ed Schuyler Jr. Associated Press Associated Press: see news agency.
Associated Press (AP)

Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world.
 

Evander Holyfield Evander "The Real Deal" Holyfield (born October 19, 1962 in Atmore, Alabama) is a professional boxer from the United States and a multiple world champion in both the cruiserweight and heavyweight divisions.  figures to make between $35 million and $40 million for a rematch against Mike Tyson Noun 1. Mike Tyson - United States prizefighter who was world heavyweight champion (born in 1966)
Michael Gerald Tyson, Tyson
 on May 3 in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. .

``It's a package of considerable worth - at least $35 million,'' Jim Thomas Jim Thomas may refer to:
  • Jim Thomas (screenwriter)
  • Jim Thomas (sculptor)
  • Jim Thomas (basketball)
  • Jim Thomas (tennis player)
  • Jim Thomas (JimThomasPhotography)
http://www.jimthomasphotography.com/
, Holyfield's attorney, said, adding that Holyfield could top that minimum guarantee by as much as $5 million.

``It will be the biggest purse, not only in sports history, but for any one performance, including show business,'' said Jay Larkin, an executive vice president for Showtime, which will be involved in the pay-per-view distribution of the fight.

``We started talking in mid-November and reached an agreement with Don King Productions Wednesday afternoon,'' Thomas said Friday by telephone from Atlanta. ``I had four significant face-to-face sessions with Don.''

Tyson reportedly will get a minimum of $20 million for his bid to become a heavyweight champion for a third time. Tyson got $30 million and Holyfield $11 million for their first fight, when Holyfield won the IBF IBF

See: International Banking Facility
 title by stopping Tyson in the 11th round Nov. 9 in the MGM MGM
 in full Metro-Goldwyn-Mayer, Inc.

U.S. corporation and film studio. It was formed when the film distributor Marcus Loew, who bought Metro Pictures in 1920, merged it with the Goldwyn production company in 1924 and with Louis B. Mayer Pictures in 1925.
 Grand Garden at Las Vegas. The MGM Grand also will be this site of the rematch.

Asked what Holyfield's take-home pay would be after taxes and other expenses, Thomas said, ``I can say absolutely that Evander keeps a higher percentage of his purses than any fighter in history.''

A manager's cut usually is 33 percent, but Holyfield has no manager. ``He pays me a fair fee for my services,'' Thomas said.

Tyson not only has been training at King's camp at Orwell, Ohio, near his Southington Township, Ohio, home, but he has been living at the camp. A victory would make him the third man to become a heavyweight champion three times, but a loss would be devastating dev·as·tate  
tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates
1. To lay waste; destroy.

2. To overwhelm; confound; stun: was devastated by the rude remark.
 to the point of possibly ending his career.

King applied for the May 3 date, also the date of the Kentucky Derby, on Wednesday.

``There's nothing in the way of that date and we'll approve it at our next meeting,'' Marc Ratner, executive director of the Nevada State Athletic Commission, said in Las Vegas.

Holding the fight on May 3 means the Pernell Whitaker-Oscar De La Hoya welterweight title fight at Caesars Palace will be held April 12, promoter Bob Arum said. April 19 also was being considered.

``If anything, holding the fight on Derby Day could help the promotion,'' Larkin said. He said fight commercials could be shown on the Derby telecast and Las Vegas casinos could put together Derby-fight packages.

Larkin said Holyfield's upset of Tyson was sold to more than 1.6 million homes at an average price of $45.

CAPTION(S):

Photo

Photo: The victory by Evander Holyfield, right, over Mike Tyson, left, on Nov. 9 has made Holyfield the big-money star for the rematch in May.

Associated Press
COPYRIGHT 1997 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Sports
Publication:Daily News (Los Angeles, CA)
Article Type:Statistical Data Included
Date:Jan 18, 1997
Words:469
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