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Detroit boxing champ Thomas Hearns owes $448,000

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Post Post subject:  Detroit boxing champ Thomas Hearns owes $448,000
Posted: Thu Apr 02, 2009 8:12 pm


Detroit boxing champ Thomas Hearns owes $448,000
Robert Snell / The Detroit News

Legendary Detroit boxer Thomas Hearns owes more than $448,000 in taxes, according to state and federal records.

Hearns, a seven-time world boxing champion and product of Detroit's storied Kronk Gym, has coped with delinquent tax bills for years, according to public records.

Hearns, who has launched repeated comebacks, made an estimated $40 million by 1991.

What's owed:

On March 18, the state filed a $5,147.79 lien against Hearns and his wife for unpaid income taxes, according to public records.

On March 17, the IRS filed a $145,477.62 lien against the boxer for unpaid income taxes. According to the lien, he owes the money from 2006.

In August 2008, the IRS filed a $90,824.59 lien against Hearns for unpaid income taxes. According to the lien, Hearns owes the money from 2007.

Last spring, the IRS filed a $206,740 lien against Hearns and his wife for unpaid income taxes from 2006, records show.

His side:
Hearns' tax attorney declined to comment and a second lawyer, Michael J. Smith, did not return a call. But previously, Smith said the tax debt stemmed from an accounting issue and that Hearns was working to resolve it.

-- Robert Snell


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Detroit boxing champ Thomas Hearns owes $448,000

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Post Post subject:  Re: Detroit boxing champ Thomas Hearns owes $448,000
Posted: Thu Apr 02, 2009 9:11 pm


Man-it always happens to boxers.

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Detroit boxing champ Thomas Hearns owes $448,000

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Post Post subject:  Re: Detroit boxing champ Thomas Hearns owes $448,000
Posted: Thu Apr 02, 2009 9:45 pm


Nothing new here really. I just hope it means Tommy doesnt have to come back.

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Detroit boxing champ Thomas Hearns owes $448,000

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Post Post subject:  Re: Detroit boxing champ Thomas Hearns owes $448,000
Posted: Fri Apr 03, 2009 7:30 am


somebody's fighting again

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"I Am Doing This For Dempsey, Marciano, Louis, Ali, Frazier And All The Other Great, Smaller heavyweights!"


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Detroit boxing champ Thomas Hearns owes $448,000

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Post Post subject:  Re: Detroit boxing champ Thomas Hearns owes $448,000
Posted: Fri Apr 03, 2009 8:58 pm


Stay retired hitman, your days are numbered

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Detroit boxing champ Thomas Hearns owes $448,000

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Post Post subject:  Re: Detroit boxing champ Thomas Hearns owes $448,000
Posted: Sat Apr 04, 2009 7:44 am


such a shame when a boxer who went through so many tough fights and made the money ends up in this situation


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Detroit boxing champ Thomas Hearns owes $448,000

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Post Post subject:  Re: Detroit boxing champ Thomas Hearns owes $448,000
Posted: Sat Apr 04, 2009 10:01 am


To bad to hear this. I think any comission woujd turn him down if he tried to fight again. He would be hurt!


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Detroit boxing champ Thomas Hearns owes $448,000

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Post Post subject:  Re: Detroit boxing champ Thomas Hearns owes $448,000
Posted: Sun Apr 05, 2009 2:02 am


Damn Tommy, what's going on? At least he's not in as much debt as Holyfield. But still, I hope the man doesn't fight again. Too bad his kid just got KO'd, Tommy probably wants to get back in the ring now to show him how it's done.


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Detroit boxing champ Thomas Hearns owes $448,000

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Post Post subject:  Re: Detroit boxing champ Thomas Hearns owes $448,000
Posted: Mon Apr 06, 2009 3:17 pm


 roujinziro wrote:Damn Tommy, what's going on? At least he's not in as much debt as Holyfield. But still, I hope the man doesn't fight again. Too bad his kid just got KO'd, Tommy probably wants to get back in the ring now to show him how it's done.


Maybe a Tommy vs ronald fight then :shock:


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Post Post subject:  Re: Detroit boxing champ Thomas Hearns owes $448,000
Posted: Thu May 14, 2009 6:37 pm


I think there was talk a little while back about a farewell fight hopefully it doesn't happen. I was disturbed to hear him talk on a vid on youtube. Hearns is seriously slurring his words.


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