Former Heavyweight World Champ Mike Tyson is a dad for the eighth time. reports that the 44-year-old boxer and his wife Lakiha Spicer Tyson, 32, welcomed a baby boy Tuesday in a Las Vegas hospital. The couple already have a 2-year-old daughter together named Milan, and Mike has five other children born to other mothers.

A source close to the couple says, "Mike and Lakiha are very happy and everyone is doing great." The two married just 10 days after the tragic death of his 4-year-old daughter Exodus in May 2009.

In an interview on 'The View,' the boxer admitted, "I'm totally destitute and broke. Yeah, I have no money." When co-host Joy Behar asked how that was possible, given his success and endorsements, he replied, "Um, I had a lot of fun."