Evander Holyfield vs. Mike Tyson (2nd meeting)
Revision as of 17:23, 11 August 2010 by Turpintime
1997-06-28 : Mike Tyson 218 lbs lost to Evander Holyfield 218 lbs by DQ in round 3 of 12
- Location: MGM Grand, Las Vegas, Nevada, USA
- Referee: Mills Lane
- Judge: Jerry Roth 26-29
- Judge: Chuck Giampa 26-29
- Judge: Duane Ford 26-29
- World Boxing Association Heavyweight Title
- Weights: 218 lbs (each)
- Tyson rocked in the first round by a right. Early in the third round Tyson finally gains the initiative before losing control and being disqualified for twice biting Holyfield's ear. Tyson claimed he was retaliating for headbutting by Holyfield. Holyfield required plastic surgery to repair the ear. This incident was named The Ring magazine Event of the Year for 1997.
- The Nevada State Athletic Commission fined Tyson $3 million dollars and revoked his boxing license (which it reinstated in October 1998).
- This was, at the time, the highest grossing fight in history in all categories. The US Domestic pay per view buys totaled more than 1.99 Million for a total revenue in that category of $99,822,000. The Domestic Closed Circuit revenue in the US was $5,959,000 and was seen in 1,625 closed circuit locations. The foreign sales for all countries other than the US was $21,240,000 which included sponsorship and was seen in 97 Countries around the world. The Ticket Sales were $17,277,000 which included a paid attendance of 18,187 at the MGM Grand Garden in Las Vegas, Nevada. The Purses for Mike Tyson and Evander Holyfield were $35 Million and $40 Million respectively. All of these were records and all stand with the exception of the total revenue for Domestic Pay Per View which was eclipsed only by Lewis vs Tyson in 2001. At that point in 1997, it was estimated by Showtime Event Television, that Mike Tyson based events had accounted for nearly 25% of all Pay Per view revenues since pay per view became popular in the 1980s, although most believe this percentage to be lower. It was the biggest promoter ever for the late Jay Larkin, Showtime's boxing executive producer for over twenty years (1984-2005).
- Boxing promoter Don King enjoyed a record profit margin of over $23 million on the event. It also catapulted Don King to major shareholder status of the MGM Grand Hotel. Don King sold out his share of the MGM Stock in September 1997 for $28 Million dollars. It would be the last Mike Tyson fight ever promoted by Don King Productions. Mike Tyson subsequently sued Don King Productions and settled out of court in 2003 for $14 million, all of which was paid directly to the U.S. Government for unpaid back taxes owed by Tyson.