Promoter Don King agreed to pay former champion Terry Norris US$7.5 million on Wednesday, just as a jury was debating the boxer's claim that King stole money from him, Norris' attorney said.
King agreed to pay US$3 million by next week and the remainder within 15 months, said attorney Judd Burstein, who said the settlement in the seven-year case might encourage other fighters to sue the promoter.
Former heavyweight champion Mike Tyson is also suing King in New York, claiming King stole more than US$100 million while promoting his fights after his release from prison in 1995. That case has yet to go to trial.
"If anything, from what I've heard, the Mike Tyson case is even more overwhelming," Burstein said.
King, who is promoting an eight-fight card tomorrow night in Atlantic City, New Jersey, could not immediately be reached for comment.
Burstein said Norris, who has brain damage from punches, had no money left from a career in which he made millions in purses. Norris was the 69.853kg champion in the 1990s, beating Sugar Ray Leonard in 1991 in his biggest fight. He lost his last three fights and finished 47-9 with 31 knockouts.
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