THE SHEIK JOINS THE “WALL OF SHAME”
Las Vegas, NV– Bob Arum is the most powerful man in boxing! As the man behind the Top Rank promotional firm, Arum, a Harvard graduate in the late 1950s, became a United States Attorney under then Attorney General Robert Kennedy. While collecting tax money from a Sonny Liston heavyweight title defense circa 1962, Arum was bitten by the boxing bug. After the assassination of President John Kennedy, Arum felt the need to resign his position with the “G” and became a boxing promoter.
PUT THIS “QUOTE” ON ARUM’S TOMBSTONE!
With Muhammad Ali his first client, Arum has been involved in big fights since the mid 1960s. His most famous quote is, “Yesterday I was lying, but today I’m telling the truth.”
MET WITH & THEN SENT BRIBE MONEY TO LEE
In the mid 1990s, Arum committed a host of Felonies when he admittedly gave then IBF President Bob Lee over $100,000 as a “bribe” to allow George Foreman, then heavyweight champ, to fight Axel Schultz instead of a top contender. He accomplished this by laundering the money through Europe with then booking agent Stan Hoffman. Shortly thereafter, Arum admitted such in a US Dept. of Justice affidavit that was published here at RingTalk.com. The fallout saw Arum fined in a number of states, while unable to promote in Arizona.
ARUM SUED IN LAS VEGAS
This writer sued Arum after he was quoted in a Las Vegas newspaper stating, “He (Pedro Fernandez) isn’t a real boxing writer.” Arum settled out of court for $10,000.
“THE SHEIK” IS WORTH BETTER THAN $200 MILLION
Now close to 80 years of age, Arum is still the most powerful man in boxing! One could only debate whether that would be the case if Don King had admitted to such crimes. We welcome Bob “The Sheik” Arum to the Ring Talk “Wall of Shame.”
Promoter Bob Arum