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In reply to the discussion: Floyd Mayweather earned $250,000,000.00 for his fight [View all]JonLP24
(29,935 posts)my post was about Don King & parasites not looking out for their best interests' of their fighters financially & physically except for their own pocketbook. "When we were Kings" was the documentary I was referring too, footage entirely from training leading up to the fight & the friendship between the 2.
Only in America
In 1954 he killed a man who tried to rob one of his gambling houses. The shooting was ruled a justifiable homicide, sparing King a prison sentence. He wasn't so fortunate 13 years later, when he was found guilty of second-degree murder for killing a gambling associate who owed him $600. The charge was later reduced to manslaughter and King served 3 years and 11 months in Marion Correctional Institution in Ohio. He was released in September 1971.
King's career as a promoter was soon born. It started in 1972, when King convinced Ali to fight an exhibition match in Cleveland to raise funds for a local hospital in financial trouble. The match grossed more than $80,000, piquing King's interest in the business of boxing.
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But loyalty has never been one of King's virtues. At least once he arrived at a fight with one boxer and left with the other. Even Ali wasn't exempt from King's tactics: Ali was reportedly shortchanged $1.2 million by King for his comeback fight against Holmes in 1980. Ali sued, but King paid him $50,000 to drop the lawsuit.
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But King's biggest victories continued to come in court. In 1995, he beat a nine-count indictment on insurance fraud; Lloyd's of London claimed King had illegally collected $350,000 for a canceled Chavez fight. The trial ended in a hung jury. That same year, Newfield's no-holds barred biography was published. It painted an unflattering picture of the promoter.
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In June 1999, the FBI searched King's office in Florida as part of an investigation to determine if the IBF fixed fights for kickbacks and sold ratings. "I don't want to have a combat with the FBI unless I'm going to be able to promote them in Madison Square Garden," said King, who emerged unscathed.
Only fitting for a man grandiose in every way, King estimates he's spent upwards of $30 million defending himself in court over the years.
"Don King is a hip exploiter, an intelligent flesh peddler," wrote Newfield. "He knows which fighters to steal, how to exploit anyone's vice, vanity or insecurity and make a profit for himself."
http://espn.go.com/classic/biography/s/King_Don.html