Saturday, September 30, 2006


Former two-time heavyweight champ Mike Tyson admitted the reason for launching "Mike Tyson's World Tour," a series of four-round exhibitions bouts, is that he needs the money and thinks it will help him feel better about himself.
Tyson, who had ring earnings of more than $300 million, is bankrupt and has a long list of creditors to pay.
"If I don't get out of this financial quagmire there's a possibility I may have to be a punching bag for somebody," Tyson said Thursday at a news conference in Youngstown, Ohio. "The money I make here isn't going to help any of my bills really from a tremendous standpoint, but I'm going to feel better about myself. I'm not going to be depressed."
Tyson was at the 6,000-seat Chevrolet Centre to announce an Oct. 20 exhibition bout against former sparring partner Corey "T-Rex" Sanders. The exhibition will be part of a pay-per-view card that will include other officially sanctioned fights.
"Hopefully, he's gentle and kind to me," Tyson joked. "Whatever happens, happens. If he starts winging, I'm going to start winging."

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