Originally created 05/14/98

Foreman, Holmes to fight 'for old times sake'



For old times sake, George Foreman and Larry Holmes will fight each another.

Foreman, who will be 50 Jan. 10, and Holmes, who will be 49 Nov. 3, also will fight for pride.

But the two former heavyweight champions definitely will not fight for peanuts.

"I've signed a contract," Holmes said Wednesday. "I'm not going to tell you what I'm going to make."

Reportedly, Holmes will earn $4 million and Foreman will make $10 million.

Roy Foreman said from Atlantic City, N.J., that his brother signed a contract Monday.

For the fight to happen, however, Roy Foreman said the promoter has until Friday to put up 10 percent of what each fighter will receive.

Roy Foreman said possible sites include Atlantic City; Lake Charles, La.; New Orleans, or Biloxi, Miss., and that the fight could happen between Oct. 3 and Jan. 10 (Foreman's birthday).

"It will be before Jan. 10," Holmes said from Easton, Pa., before going to New York to sign.

Both fighters have retired or announced their intention to retire on numerous occasions.

Foreman, heavyweight champion from 1973-74, did quit in 1977, and the retirement lasted for a decade. He came back in 1987 to earn money for his youth center in Houston and became a folk hero.

On Nov. 5, 1994, he knocked out Michael Moorer in the 10th round for the WBA-IBF titles and became at age 45 the oldest man to become a heavyweight champion. He was stripped of both titles for not doing what the two organizations wanted.

He announced his retirement after losing a controversial 12-round decision to Shannon Briggs last Nov. 22.

Holmes, either WBC or IBF champion from 1978 to 1985, won a disputed 10-round decision over Maurice Harris last July 29, then said he would not fight again unless he got a match against Foreman.

Foreman has a career record of 76-5 with 68 knockouts. Holmes is 66-6 with 42 KOs.