International Boxing Union (since 1996) World Super Middleweight title fights of Scott "The Sandman" Pemberton and Omar Sheika that became ESPN2's "Fight of the Year" in 2003 and 2004. On 7 April 2012, 7-time multiple weight class World Champion James Toney captured the vacant IBU World Heavyweight championship with a TKO over World Heavyweight Bare Knuckle Championship Holder Bobby Gunn. International Boxing Union (since 1996) The International Boxing Union (IBU) is a professional boxing sanctioning body founded in Atlanta, Georgia, United States, in 1996. It is unrelated to the International Boxing Union, based in Europe, which operated until the Second World War. Although the IBU
Professional boxing 1996. In their 1997 rematch, Tyson bit a chunk from Holyfield's ear, resulting in his disqualification; Tyson's boxing license was revoked by the Nevada State Athletic Commission for one year and he was fined US$3 million. Holyfield won two of the three title belts, but lost a final match in 1999 with WBC champion Lennox Lewis, who became undisputed champion. The last decade has witnessed a continued decline in the popularity of boxing in the United States, marked by a malaise in the heavyweight division and the increased competition in the Pay-Per-View market from MMA and its main promotion, the