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Tyson, King settle $100M suit

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Published June 26, 2004

Mike Tyson will have to fight - and fight often - to get out of debt despite the prospect of a $14-million payment from Don King to settle his claims against the promoter.

Tyson will drop his $100-million suit against King in exchange for the payment, but the former heavyweight champion will see none of the money.

It will go toward paying some $38.4-million Tyson owes to various creditors, the IRS and his ex-wife, Monica.

To pay off the rest, Tyson's attorneys have laid out a plan, filed Thursday in federal bankruptcy court in New York, in which Tyson fights seven times over the next three years.

The plan is ambitious, if only because Tyson has fought only twice in the last three years for a total of about eight rounds.

The first of those fights will be formally announced Tuesday at a news conference in Louisville, Ky. Tyson will take on unheralded Danny Williams on July 30 at Freedom Hall in a bout that will earn him several million dollars to help satisfy the debts.

SOCCER: Greece upsets France

Defending champion France was knocked out of the European Championship on Friday night, losing 1-0 to Greece in a quarterfinal that became the latest upset in a tournament filled with surprising results.

For the first time in the history of the quadrennial tournament, which started in 1960, Europe's five biggest soccer powers failed to make the semifinals. Germany, Italy and Spain were eliminated in the first round, and England lost its quarterfinal to Portugal on Thursday.

Angelos Charisteas scored in the 66th minute on a header. Greek captain Theodoros Zagorakis chipped the ball over Bixente Lizarazu and sped down the field and crossed to Charisteas, who beat goalkeeper Fabien Barthez.

In other news, Italy and Spain removed their coaches after surprising first-round exits. Giovanni Trapattoni was replaced by Marcello Lippi as Italy's coach, and Spain's Inaki Saez resigned.

DOPING: BALCO probe ordered

A judge ordered federal prosecutors to investigate whether the government leaked grand jury transcripts in which sprinter Tim Montgomery testified he used performance-enhancing drugs.

U.S. District Judge Susan Illston demanded that defense attorneys and their clients also sign sworn declarations that they did not illegally release the transcripts to the San Francisco Chronicle, which published some of Montgomery's testimony Thursday.

OLYMPICS: Security exercise begins

An eight-nation exercise to test security for the Athens Olympics began, and the Greek government wants to extend surveillance powers to screen phone calls. The simulated exercise will help with responses to a deadly array of potential problems, from terrorist attacks to forest fires, Greek law enforcement officials said.

CYCLING: Two-time medalist Marty Nothstein and returning Olympian Erin Mirabella were among the seven riders nominated by USA Cycling.

SKIING: Canada's Beckie Scott was presented a 2002 gold medal after two Russian cross-country skiers who finished ahead of her were disqualified for doping.

HORSES: Harness driver accused

A top harness racing driver is accused of stabbing his wife with a steak knife at their home, police said. Walter Case Jr., 43, is being held in the Portage County Jail in Ravenna on a $2-million bond, Patrolman Andrew Suvada said. Case is charged with felonious assault and domestic violence. SMARTY STUD: After months of searching, owners Pat and Roy Chapman decided Smarty Jones will stand as a stallion at Three Chimneys Farm when he retires.

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