BoxRec

It was just reported on sports radio station WFAN that the seven year old lawsuit between Don King and Terry Norris is finally over. Judd Burstein who represented Norris in the suit has sent the word out that King has just settled for $7.5 million.

The main figure of the lawsuit was former Norris manager Joe Sayatovich, who was alleged to have negotiated purses for Norris that were below his contract minimums. Papers filed stated that Joe Sayatovich breached his fiduciary duty to Norris and that Don King aided Sayatovich by paying him loans that amounted to well over six figures.

The defendants claim that Norris was not only informed of the loan arrangement but had approved of it. Norris denied the claims of defense and said that everything was done behind his back and without any approval on his part.

7.5 mil is quite a settlement, i heard Anthony Mundine boasting recently on a website that he makes £250,000 a fight for Australian title defenses! All this makes me think i ought to dust off the old gloves and return to the ring, there is money to made in pro Boxing!

If you can move around, hold a bit, punch a bit, do just enough to lose as Mickey Duff once said, there's certainly good money to be made as a journeyman pro. Very good money. Dean Bramhald once got four grand for stepping out of the crowd to take on Damien Denny in a four-rounder on the Frank Tate-Tony Sibson show in Stafford in 1988.