The interviews Ted Watley gave to Boxingtalk's G. Leon about Mike Tyson's could prove to be very costly. Today, Shelly Finkel made good on his promise to sue Watley for defamation, filing suit today in federal court in New Jersey. Watley now finds himself defending two defamation suits as a result of the interview, as promoter Gary Shaw filed suit earlier this week after Watley accused him of ripping off Tyson and shaking down rival promoters. Because Finkel's suit is based in New Jersey and Shaw's is in New York, the cost of defending two separate actions could mount up quickly. In addition to defamation, Finkel also sued Watley for breach of contract, breach of duty and for money loaned. Finkel's complaint seeks $5 million dollars. Watley was brought in by Finkel to serve as an advisor/father figure to Tyson prior to Tyson's last bout. Finkel promised Watley 50% of his share of Tyson's earnings, but the realtionship deteriorated quickly after Tyson's surprising knockout loss to Williams.