Senators pushing for boxing legislation

On a day where the world’s highest-paid athlete sat in jail, the sport’s former pound-for-pound king officially announced plans for his Broadway show, perhaps the craziest news in boxing came when two senators introduced legislation on Monday to create a special commission to oversees all bouts in the United States and restore integrity to boxing.

In wake of the recent controversial victory Timothy Bradley scored over Manny Pacquiao, Nevada’s very own Harry Reid and Sen. John McCain, R-Ariz., are trying to establish the U.S. Boxing Commission, an organization that would carry out federal boxing law, work with state commissions and license boxers, promoters, managers and sanctioning organizations.

”Clearly, the conspiracy theories and speculation surrounding the fight are given life because there are so many questions surrounding the integrity of the sport and how it is managed in multiple jurisdictions,” said McCain, who boxed while attending the U.S. Naval Academy.

McCain and Reid—the Senate Majority Leader and one-time middleweight boxer—pointed out that boxing is the only sport in America without a strong, centralized association regulating it.

“This bill would better protect professional boxing from the fraud, corruption and ineffective regulation that has plagued the sport for too many years,” continued McCain, who along with Reid have pushed for bills to create a federal boxing body before.

The latest uproar comes on the heels of Bradley’s split decision victory after most media members ringside scored the bout heavily in Pacquiao’s favor — which ended the Filipino sensation’s seven-year unbeaten streak.

A badly hobbled Bradley, who hurt both of his ankles in the fight, won five of the last six rounds on two judges scorecards and four on the third judge’s card. He won the bout 115-113 on two scorecards while losing the bout by the same margin on the other card.

“I’ve never been as ashamed of the sport of boxing as I am tonight,” said Top Rank CEO Bob Arum, who despite promoting both fighters demanded for an investigation by Nevada officials.

Tyson ready to battle Broadway

Also on Monday Vegas resident Mike Tyson announced he will be taking his “Mike Tyson: Undisputed Truth” to Broadway with a little help from director Spike Lee.

The one-man show—a raw confessional on the highs and lows of the retired heavyweight champ’s career and life had a weeklong run at the MGM Grand in April— will play the Longacre Theatre for six nights only, July 31 to Aug. 5.

“I’m very vulnerable and I’m just telling you who I am and where I’m from and how this happened,” said Tyson, who like Lee is a Brooklyn native.

Lee said there would only be minor tweaks from the Vegas rendition that tells Tyson’s tale from becoming the youngest-ever heavyweight champion in 1986, to his life that has been marred by accusations of domestic violence, rape and drug use ever since.

“It’s a great story and he tells it masterfully,” Lee said. “It takes courage to get in the ring. But it takes courage to get on the stage.”

Mayweather tops Forbes list

The man nicknamed “Money” proved once again he is just that as he topped Forbes annual list of the 100 highest paid athletes, breaking the mark Tiger Woods held since 2001.

Mayweather made $85 million for two fights last year to top Pacquaio, who came in second with $62 million in earnings and endorsements. Woods followed in third at $59.4 million, while LeBron James took fourth at $53 million and tennis star Roger Federer was fifth at $52.7 million.