Mike Tyson vs. Michael Spinks fight in boxing history, grossing some $70 million, of which Tyson earned a record purse of around $20 million and Spinks $13.5 million. Tyson won the fight, knocking out Spinks in 91 seconds. Michael Spinks became a professional boxer shortly after he won the gold medal at middleweight in the 1976 Summer Olympics. Initially, Spinks was more concerned with assisting his brother Leon's rise to the heavyweight championship, but was later convinced to turn pro himself. In 1981 Spinks fought Eddie Mustafa Muhammad for the WBA light heavyweight championship and defeated him by decision to win his first world title.
Michael Spinks and used Spinks's money to pay his and his children's own personal and business expenses. Also name as a defendant was Robert L. Johnson, founder of Black Entertainment Television, head of the real estate firm of RLJ Development LLC, in Bethesda, Maryland, and one of the executors of Lewis's $8.5 million estate. According to Spinks's lawyers, following Lewis's death Johnson and attorney Leonard Williams stopped the payments without telling him, which in turn caused Spinks' health insurance to lapse and bills totaling up to $50,000 a month to go unpaid. "Spinks had to invade his pension and retirement funds and