Michael Spinks years he remained close to his former promoter, Butch Lewis, training fighters and making rare public appearances at events promoted by Lewis. In 2011, however, after Lewis died from natural causes, it was reported that Spinks had sued Lewis's estate in a Delaware Chancery Court, alleging that the promoter had failed to properly manage more than $24 million Spinks had earned in the ring and had violated their agreements that Lewis would continue to manage Spinks's money and pay his living expenses for the rest of the boxer's life. The lawsuit alleged that he commingled his personal funds with Spinks's
Michael Spinks only fighter to floor Spinks. It would be Spinks's first defeat in the professional ring, as well as his last, as he retired following the fight. Spinks had a record of 31 wins and 1 loss, with 21 wins by knockout as a professional. In addition to his success as a heavyweight, Spinks is generally considered one of the greatest light-heavyweight champions and fighters of all time. He was the only light-heavyweight champion to remain undefeated in the entire history of the division since its inception in 1903 (until Joe Calzaghe), as well as the only reigning light-heavyweight champion to