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Hot belts

Tyson's stolen title belts show up on auction web site

Click here for more on this story

Posted: Friday April 07, 2000 12:22 AM

  Mike Tyson Mike Tyson had reported the belts were stolen from a Las Vegas storage locker. AP

ALBANY, N.Y. (AP) -- A school hall monitor has been accused of trying to sell two of Mike Tyson's stolen championship belts on the Internet.

Tyson's 1986 WBC and WBA heavyweight title belts, which police value at $50,000 each, were listed for sale several weeks ago on eBay, a California-based online auction site.

"Tyson's lawyers got wind that his championship belts were being posted on eBay for auction, and they contacted the Las Vegas Metro Police," Albany Detective James Miller said.

Police say Tyson reported the belts were stolen from a Las Vegas storage locker.

William Eaddy, 33, a hall monitor at an Albany elementary school, was arrested late Tuesday and charged with second-degree criminal possession of stolen property, a felony. A warrant charging Eaddy with burglary is pending in Nevada, authorities said and a preliminary hearing is scheduled for Friday.

Police said Eaddy once worked for the former heavyweight champion's manager.

Detectives were negotiating with Eaddy's lawyer to recover the belts, police said.

Tyson said he had left the belts with his former co-manager, Rory Holloway.

Holloway and Tyson had a falling out in 1998. The former champ sued Holloway, promoter Don King and another manager, claiming they betrayed him in contracts and owed Tyson millions of dollars.

Eaddy is accused of listing the 43-by-9-inch belts for sale under his name. Twelve bidders submitted 33 offers from $525 to $9,100.

But the belt wasn't sold because the offers didn't match the seller's minimum.

Eaddy's wife, Semico, said Wednesday that "there is a whole lot more to this story." She declined further comment.


 
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