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Lawsuit: Tyson Backed Out of Deal

February 27, 1998

LOS ANGELES (AP) _ Two days after being sued over a jewelry tab in Las Vegas, suspended boxer Mike Tyson was involved in another court case Friday _ this one involving a $6.95 million home he allegedly backed out of buying.

A partnership suing Tyson for what it claims is a broken contract was ordered to settle the matter out of court.

Sierra Partners wanted Los Angeles County Superior Court Judge David Horowitz to order Tyson to appear for deposition. However, Horowitz refused to do so, instead ordering the parties to get the matter mediated by a retired judge within 60 days.

``We’ve been ordered to mediate,″ Sierra Partners attorney Edgar Saenz said. ``If we don’t settle by about April 15, we’ll be back in court.″

The partnership claims Tyson broke his contract July 16 _ less than three weeks after he bit off part of Evander Holyfield’s ear during a heavyweight championship bout.

Sierra Partners seeks damages, including the price of the house, loss of rent and attorney’s fees.

The house is one block east of Beverly Hills.

Sierra Partners also sued John Horne, Tyson’s co-manager at the time, for allegedly interfering with the contract by advising Tyson not to close escrow.

A lawsuit filed in District Court in Las Vegas on Wednesday alleges that Tyson owes The Jewelers of Las Vegas $805,350 for purchases he has made since 1996.

Tyson announced earlier this month he was taking over his own affairs and dropping his longtime promoter Don King as well as co-managers Horne and Rory Holloway.

King disputed the idea of any split, saying the flap with Tyson was ``a minor domestic family dispute.″

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