Boxing News

King Posts $1 Million Bond

After winning an emergency injunction this afternoon over a rival promoter and one of his fighters that was attempting to participate tonight in an MMA match in Fayetteville, N.C., Don King had one last hurdle to clear: Florida state law required him to post a bond that Broward County Circuit Court Judge Marc H. Gold determined at $1 million. And he had to do it within two hours. With most businesses that would help him conduct a transaction of this magnitude not operating on a Saturday, King departed the Ft. Lauderdale courthouse and returned prior to the deadline to present the judge with two duffel bags containing $1 million in cash to fulfill his obligation to the court.

“I felt like I was Clint Eastwood in a movie, speeding down the highway with a fistful of dollars,” the 78-year-old King said after successfully posting the bond.

King’s attorneys, Robert Zarco and Alex Brito of the Miami-based law firm Zarco, Einhorn, Salkowski & Brito, argued the case successfully.

“Pursuant to the Judge’s Order issued this afternoon, the MMA promoter in question and Ricardo Mayorga are specifically ordered by the court from proceeding with tonight’s previously announced main event appearance by Mayorga in Fayetteville, North Carolina,” Zarco said.

The MMA promoters would be wise to heed the words spoken by Judge Gold from his bench when told that the event in Fayetteville may go on regardless of his decision. “If my orders are disobeyed, there will be serious sanctions from this court,” Gold said.

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