Ladies and gentlemen, we have a rematch
Holyfield, Lewis agree to meet in ring again

Evander Holyfield and Lennox Lewis have agreed on terms to fight again for the undisputed heavyweight championship. Now promoter Don King must find a date and a site willing to pay millions for a tarnished rematch.

King said Sunday that both fighters want the bout in September, and that both would be guaranteed $15 million for the rematch. Possible sites include New York, Las Vegas, London and South Africa.The fight is far from a done deal, however. Among the issues remaining are terms of a pay-per-view deal with HBO, and whether the network and promoters for Lewis will agree to a fight in which King retains a major role.

Additionally, HBO has already reserved a September pay-per-view date for its other star fighter, Oscar De La Hoya.

"We have no deal struck for a rematch," said HBO senior vice president Lou DiBella, whose network has a long-term contract with Lewis. "We haven't sat down yet and spoken to Lewis and his people."

The paydays would represent a $5 million cut for Holyfield and a $5 million increase for Lewis from their March 13 fight that ended in a controversial draw.

"It's parity and that's important," Lewis' manager, Frank Maloney, said.

King said he received Holyfield's signature for a rematch Saturday. Lewis had a clause in his contract for the first fight calling for him to get $15 million in any rematch.

"This is the only corrective we have in boxing ... when we have a dispute is to have a rematch," King told Fox News Channel from his Florida home.

Holyfield kept his WBA and IBF titles while Lewis retained his WBC title when three ringside judges decided the 12-round bout that Lewis appeared to dominate was actually a draw.