Gary Owen (L) and Mike Tyson present the award for best male hip hop artist during the 2014 BET Awards in Los Angeles, California June 29, 2014.
Gary Owen (L) and Mike Tyson present the award for best male hip hop artist during the 2014 BET Awards in Los Angeles, California June 29, 2014. REUTERS

No more of the ear biting stuff this time; it is all about brotherly love for these two sluggers.

Evander Holyfield is slated to be inducted into the Nevada Boxing Hall of Fame on August 9 and no other than Mike Tyson will be there to present him with the induction trophy at the New Tropicana Hotel in Las Vegas.

The Tyson-Holyfield relationship was famous for an ear biting incident during the much publicized boxing match in 1997. Tyson bit off a piece of Holyfield's ear during the match and apparently almost twenty years later, both fighters let bygones be bygones.

Since then, they have already appeared in a commercial together, seen publicly during high profile boxing matches and now Tyson will honor his former foe with one of boxing's highest achievement. The former and youngest heavyweight champion will also deliver the presenting speech for the Holyfield.

The boxing world is pleased with the show of camaraderie of the two legends.

"This is the kind of thing we showed is possible in boxing last year at our inaugural induction ceremony -- former and even current rivals coming together under the same roof to celebrate boxing. Everyone checks those rivalries at the door. Tyson presenting Holyfield is sheer magic," Rich Marotta, the president of the Nevada Boxing Hall of Fame, said in a news release per Fox Sports.

For their part, both Tyson and Holyfield are ecstatic with the upcoming ceremony with Tyson calling the opportunity to introduce his friend as both "a privilege and honor" while Holyfield appreciates the gesture and said "that's great" about Tyson's presence in the ceremony.

The two Hall of Fame bound fighter first faced off in 1996 when Holyfield got the upper hand of Tyson at the MGM Grand Arena via a 11th round Technical Knock Out (TKO). Their rematch was set at the same venue in 1997 that marked the infamous third round when Tyson did the unthinkable and bit off a portion of Holyfield's ear. Since then, the two have reconciled and the forthcoming inauguration only cements that new found friendship.