Boxing promoter Don King has yet to win the final round in a 9-year-old legal dispute stemming from the sale of an old Palm Beach County jai alai fronton.
The Florida Supreme Court on Thursday ruled 6-1 that oral agreements modifying a written contract for a real estate sale are invalid.
But it still isn't clear if King has to return a $1 million deposit because the case was kicked back to the 4th District Court of Appeal.
"No matter what the outcome of my return to the Fourth District Court of Appeal may be, the victory for the great people of Florida in the future is that the real estate law has been established and upheld," said King in a statement released Friday.
King said the ambiguity and confusion has been removed.
"No more 'He said, I said' or 'I believe this one, but I don't believe that one,'" continued King. "If it's important enough to agree to something verbally, it's important enough to write it down."
King's company agreed to sell the Mangonia Park fronton to a development group in 2004 after unsuccessfully trying to convert it into a boxing arena. The $23 million deal later fell through.
The lawsuit centered on an agreement that was never put in writing about extending a deadline.
"God Bless America and God Bless the Florida Supreme Court," said King. "Thanks to my fantastic lawyers Alvin Davis and Tom Egan of Squire Sanders & Dempsey."