Mike Tyson has rejected a $25 million offer for the trilogy fight against Evander Holyfield at the Hard Rock Stadium.
The heavyweight star turned down the chance to face Holyfield at the 65,000 capacity Miami stadium.
“We were negotiating in good faith all along and it appears we just ended up wasting our time.”
Tyson made a shock return to the sport last year in an exhibition draw against Roy Jones Jr.
Holyfield was in talks with Tyson’s camp to deliver a trilogy fight.