So they let Larry Holmes in there and Larry shouldn't have fought Tyson because Tyson was too strong and too fast for Larry and it was tragic. Here is the thing that I've never talked about to anybody. I was told by management that Larry Holmes was getting $3.2 million and Mike was getting $3.1 million. An important person to me in the group said that was the most money Larry Holmes had ever made. I said, "What are you talking about? When he fought Gerry c00ney, he got $10 million. They both got $10 million." The person looked at me and said, "Kevin, this is the most money that Larry Holmes has ever made." So I just shut my mouth. And then I found out later through the grapevine and here and there that it's factual
Don King charged Larry Holmes $8.5 million dollars expenses, management and promotional fees.
The promoter is not supposed to make any money like that. He makes his money off of the PPVs and TV, but whoever was managing Holmes, I believe it was Don's son Karl or Richard, one of them, but they were all flunkies for King. They were making money with King and they were all satisfied. This is the thing, they were advertising that Holmes was getting $10 million so he should have walked away with no less than $6 million and he walked away with about $1.5 million and he probably had to pay trainers after that. He probably was lucky if he walked away with a million dollars, but he never said nothing. That's some stuff from the past and I never put that out there until now.