Don King signs Hasim Rahman
By Dan Rafael, USA TODAY
By Mike Hutchings, Reuters
Heavyweight champ Hasim Rahman has signed a promotional deal with promoter Don King.
So you thought when Hasim "The Rock" Rahman drilled Lennox Lewis in the fifth round on April 21 in South Africa to win the heavyweight title it was a huge upset? On Friday, Don King pulled perhaps an even greater upset by signing the new champion to a contract.
Rahman shunned massive multifight offers from cable giants HBO and Showtime and dumped promoter Cedric Kushner to sign with King in New York.
Rahman co-manager Stan Hoffman confirmed the signing on Friday.
"Don is going to announce it all on Monday," Hoffman said.
Although HBO and Showtime have spent the past three weeks in an intense bidding war for Rahman, he remains a television free agent after signing with King. Now it will be up to King to shop a Rahman fight to the television networks and get enough money from the sale of the fight to cover his obligation to Rahman. Whichever network shows Rahman's next fight, one thing is clear: He won't make his first title defense in a rematch against Lewis, the HBO fighter, or against Showtime star Mike Tyson.
Instead, King is expected to announce Monday in New York that Rahman's first defense will come against Brian Nielsen (61-1, 43 KOs), a Danish fighter with a great record built against extremely weak competition. Rahman will make $5 million for the expected easy defense against Nielsen. King also gave Rahman a $5 million signing bonus — a check for $4.5 million and $500,000 cash.
"I have no comment on that," King told the Associated Press. "I can't confirm or deny it. I have no interest in anything about Rahman until the Tito Trinidad fight is over."
King promotes Felix "Tito" Trinidad, who is challenging middleweight champion William Joppy Saturday night in Madison Square Garden.
A Rahman-Nielsen fight would most likely take place Aug. 5 in China, on the same card in which John Ruiz and Evander Holyfield will meet in a rubber match for a Ruiz's heavyweight belt. Ruiz-Holyfield III will officially be announced Monday.
"The fight with Nielsen isn't agreed on yet, but it's good shot to happen," Hoffman said.
Nielsen's one loss was to dikkie Ryan, who knocked him out in June 1999. Nielsen avenged the loss with a decision victory.
So far, King has no television deal in place for the China fight card. Showtime, which has Holyfield under contract but not Ruiz, could buy the fight or pass and allow HBO to buy the show. If Showtime passes, King also could put together his own pay-per-view promotion.
If Rahman beats Nielsen, the deal with King calls for him to earn $15 million against the winner of Ruiz-Holyfield III. Beyond that, Rahman would earn $20 million if King can deliver a Lewis rematch and $30 million if he can deliver a Tyson fight.
Delivering a Tyson could be difficult because King and Tyson are embroiled in a lawsuit stemming from their past promotional contract. King could use the leverage of being able to get Tyson a title shot as part of a settlement of the suit. But Tyson is also a mandatory challenger for one of Rahman's belts, and that mandatory is due in November. As for Lewis, Rahman owes him a rematch as stipulated in their fight contract, but it is unlikely to happen within the 150-day window outlined in the deal.
By signing with King, Rahman also ditched Kushner, who promoted him for years and guided him to the title shot against Lewis.
"It has been brought to my attention that Don King has coerced Hasim Rahman into signing some sort of promotional agreement," Kushner said in a statement. "It's unfortunate that a young man with such a bright future could be subjected to legal action which threatens to stall his promising career. We don't have all the facts in our possession, and I'm sure 'Rock' was not fully aware of all the legal implications in dealing with another promoter. It is unfortunate that Don King once again interferes with a young boxer reaping the rewards of his accomplishments."
Rahman contends that his deal with Kushner is expired and that they were working on a fight-by-fight basis. When Kushner failed to pay Rahman $75,000 before the Lewis fight in order to extend the contract for another fight, that ended Rahman's obligation to Kushner.
"That is the position 'Rock' is taking," Hoffman said. "I'm not saying it's right, but that's his position."
Kushner and King have clashed over Rahman before in a case that has reached the U.S. Supreme Court.
Rahman, who will carry the belt of his good friend Joppy into the ring Saturday night, is expected to leave for an eight-day pilgrimage to Mecca on Tuesday. He was unavailable for comment Friday.
Rahman (No. 1 USA TODAY, 35-2, 29 KOs) had been set to sign with HBO on Wednesday morning. But Tuesday night, Tyson manager Shelly Finkel delivered a Showtime-backed final offer that was worth a minimum of $19.25 million. HBO was offering a similar deal worth a minimum of about $17 million.
Following the meeting with Finkel —— put together by Finkel-managed junior welterweight champion Zab Judah and without Rahman's managers or Kushner present — King met with Rahman Tuesday night at Justin's Restaurant in Manhattan to make another pitch to Rahman. Rahman and King met again late Thursday night and it extended into early Friday, when King closed the deal.