NEW YORK, Aug 3: Troubled boxing champ Mike Tyson, once estimated to be worth at least $300 million, has filed for bankruptcy in an attempt to bring some order to his finances, his lawyer said on Sunday.

Tyson, currently facing assault and disorderly conduct charges stemming from a scuffle in a Brooklyn hotel in June, filed for Chapter 11 bankruptcy protection in US Bankruptcy Court in Manhattan on Friday, according to his attorney.

The one-time heavyweight boxing champion — who served three years in prison in the mid-1990s on a rape conviction and was suspended from professional boxing for biting the ear of heavyweight boxer Riddick Bowe during a 1997 bout — opted for bankruptcy after years of financial mismanagement and free spending habits that burned through hundreds of millions of dollars in earnings.—Reuters