Tyson turns down $25 million for a fight against Holyfield?

Two heavyweight legends Mike Tyson and Evander Holyfield will not be fighting yet. According to Holyfield's team, talk of a meeting scheduled for May 29 at Miami Stadium has ended in fiasco. Iron Mike allegedly turned down a guaranteed $25 million in royalties offered to him.

In response to this information, Tyson's spokesman denied the story of Holyfield's team, adding that their ward is still involved in other projects. One of them is a TV series about the life of Mike Tyson, played by Jamie Foxx. Meanwhile, there is speculation that if "Iron" Mike returns to the ring in time, James Toney could become his rival.

Mike Tyson in November last year held an exhibition duel with Roy Jones Jr. The Celebrity Boxing Showdown proved to be a hit on PPV and sold nearly 1.6 million streams.