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1987-06-15 : Michael Spinks 208¾ lbs beat Gerry Cooney 238 lbs by TKO at 2:51 in round 5 of 15
- Spinks was stripped of the IBF title for choosing to fight Cooney instead of Tony Tucker, the #1 IBF contender. Don King won the right to promote a Spinks-Tucker title fight with a purse bid of $711,000. Spinks was guaranteed $4 million to fight Cooney, who was guaranteed $2.5 million.
- Spinks vs. Cooney was recognized as being for the World Heavyweight Championship by 18 states and The Ring Magazine.
- Cooney was an 8 to 5 favorite.
- Cooney was down twice in round five.