Spending Time with
Richard Hoffer
May 20, 2002
Even for one of the most highly paid athletes of this extravagant era, keeping a rein on the of budget can be a challenge. After all, to paraphrase Everett Dirksen, $400,000 in pet expenses here, $3 million in jewelry there, and pretty soon you're talking real money. The following financial data, drawn from a report prepared by Mike Tyson's accountant and introduced in the U.S. district court in New York in conjunction with the fighter's lawsuit against Don King, provide a jaw-dropping look at the truly heavyweight profligacy of Tyson (above at his Bemardsville, N.J., estate in 1988). All figures are totals from '95 through '97, the years following Tyson's release from prison in Indiana.
Even for one of the most highly paid athletes of this extravagant era, keeping a rein on the of budget can be a challenge. After all, to paraphrase Everett Dirksen, $400,000 in pet expenses here, $3 million in jewelry there, and pretty soon you're talking real money. The following financial data, drawn from a report prepared by Mike Tyson's accountant and introduced in the U.S. district court in New York in conjunction with the fighter's lawsuit against Don King, provide a jaw-dropping look at the truly heavyweight profligacy of Tyson (above at his Bemardsville, N.J., estate in 1988). All figures are totals from '95 through '97, the years following Tyson's release from prison in Indiana.
[This article contains a table. Please see hardcopy of magazine or PDF.]