Representatives for Evander Holyfield said Mike Tyson has declined a $25 million offer for a fight in May, according to ESPN's Michael Rothstein.
Holyfield and Tyson had reportedly been negotiating a potential fight in recent months following Tyson's exhibition bout with Roy Jones Jr. in November 2020. Holyfield's manager Kris Lawrence said there was originally a "done deal" between the two former boxers before Tyson opted out of the fight.
"We thought this was a done deal but it quickly fell apart when Tyson's people declined all offers," Lawrence said. "We were negotiating in good faith all along and it appears we just ended up wasting our time.