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Mike Tyson allegedly declines $25 million guarantee for trilogy fight with Evander Holyfield

It appears that the Mike Tyson vs. Evander Holyfield trilogy fight will not happen after all.

According to a release from Holyfield’s team, negotiations were ongoing to book the third meeting between former heavyweight champions for a May 29 event at Hard Rock Stadium in Miami. The release states that Tyson’s representatives declined a $25 million guarantee to face Holyfield.

The parties have been reportedly in “intense negotiations for several months,” with Holyfield’s side believing a deal was “imminent.” However, according to Team Holyfield, Tyson’s demands became untenable and a deal could not be reached.

“We thought this was a done deal but it quickly fell apart when Tyson’s people declined all offers,” Holyfield’s manager Kris Lawrence stated.