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Exhibit 10.2
  EXECUTION
    COPY
   LICENSE
    AGREEMENT
 Between
 MUHAMMAD ALI ENTERPRISES LLC
 and
 FX LUXURY REALTY LLC
 Dated as of June 1, 2007




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Effective Date Licensor Licensee party parties
  RECITALS
        Article 1
  DEFINITIONS
  Section 1.01 For
    all purposes hereof:
  Affiliate
  Agreement
  Artifact
  Audiovisual Rights
  Control Controlled
  Creation
  Generic Merchandise
  Generic
  Gross Revenues
 1




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and/or provided however
  including includes
  Licensee Owned IP and/or
  Licensee Related Party
  Licensor Owned IP
  MAC Agreement
  MAC
  Marks and/or Exhibit A
  Muhammad Ali Experience(s)
  Muhammad Ali Identification Elements
  Muhammad Ali Property or Muhammad Ali
    Properties
  Muhammad Ali Related IP
  Muhammad Ali Trust
  Muhammad Ali-themed Health Club(s) and/or
  Muhammad Ali-themed
  Person
  Photos
  Project Company and/or
 2




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Seconds
  Site License Exhibit H
  Website
  Section Other
    Defined Terms.
  Authorized Muhammad
    Ali-themed Entertainment Attractions

Section 2.01(c)Buy-Out

Section 6.17Claims

Section 18.02Co-Branded Campaign

Section 3.09(c)Confidential
    Information

Section 25.01Consents

Section 5.01Declined Muhammad Ali
    Experience

Section 14.03Domain Names

Section 3.08Effective Date

PreambleEntertainment
    Attraction(s)

Section 2.01(c)EPE License

Section 6.17Food and Beverage
    Outlet(s)

Section 2.01(a)General Infringement

Section 17.02Guaranteed Minimum
    Royalties

Section 6.07Joint Name and Logo

Section 3.07Licensed Muhammad Ali
    Merchandise

Section 11.11Licensee Created Marks

Section 3.03Licensee Indemnified
    Parties

Section 19.02Licensee

PreambleLicensor Indemnified
    Parties

Section 18.02Licensor

PreambleManufacturers
    Agreement

Section 11.09Material Terms

Section 14.02Muhammad Ali Lodging
    Properties Infringements

Section 17.03Muhammad Ali Property
    Materials

Section 10.01Muhammad Ali Property-themed
    Merchandise

Section 2.03Muhammad Ali-themed Food and
    Beverage Outlet(s)

Section 2.01(a)Muhammad Ali-themed Lodging
    Property(ies)

Section 2.01Muhammad Ali-themed Retail
    Store(s)

Section 2.01(b)Publicity Materials

Section 12.01Registered
    Class/Territories

Section 3.01Representatives

Section 25.01Restricted Party

Section 25.01Retail Store(s)

Section 2.01(b)ROFR Period

Section 14.02Royalty Reports

Section 6.09Rules

Section 9.10Tax or
    Taxes

Section 6.14Term

Section 21.01Third Party IP
    Clearances

Section 5.02Third Party Muhammad
    Ali-Related Materials

Section 5.01Unbranding Period

Section 22.01  3




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Article 2
  GRANT OF
    RIGHTS
  Section Lodging
    Property License. Muhammad Ali-themed Lodging Property(ies)
  Food and Beverage
    Outlet(s) and/or Muhammad Ali-themed Food and Beverage
    Outlet(s)
  Retail
    Store(s) Muhammad Ali-themed Retail Store(s)
  Entertainment Attraction(s) and/or provided and/or Authorized Muhammad
    Ali-themed Entertainment Attractions
  and/or
  Section Food
    Outlet License.
  provided
  provided provided further and/or
  Section Merchandise
    License.
 4




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Muhammad Ali
    Property-themed Merchandise
  Section Merchandise
    Selection. provided Exhibit C Exhibit C
  Section No
    Personal Services of Muhammad Ali.
  Article 3
  TRADEMARKS;
    RESERVATION OF RIGHTS
  Section Geographic
    Limitations. Registered Class/Territories
  Section Expansion
    of Trademark Protection.
  Section Ownership
    of Licensee Created Marks.
 5




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Licensee Created Marks
  Section Refusal
    to Register. provided
  Section Certain
    Trademark Limitations.
  Section Trademark
    Strategy.
  Section Joint
    Name and Logo. and/or Joint Name and Logo
  Section Domain
    Names. Domain
    Names
  Section Reservation
    of Rights.
  and/or provided provided
 6




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and/or
  and/or
  Co-Branded Campaign provided
  de minimis provided
    Section Entertainment
    Attractions. provided
  Section Muhammad
    Ali Experiences.
  Article 4
  LICENSE
    OF MUHAMMAD ALI ARTIFACTS
  Section License
    of Artifacts. and/or and/or and/or provided
 7




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Section Delivery
    of Artifacts.
  Section Protection
    of Artifacts. Exhibit B
  Section No
    Museums.
  Section Insurance.
  Section Prior
    Inspection.
  Article 5
  THIRD
    PARTY INTELLECTUAL PROPERTY RIGHTS
  Section Other
    Third Party Owned IP. and/or Third
    Party Muhammad Ali-Related Materials and/or Consents and/or provided and/or and/or and/or
 8




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provided however
  Section Third
    Party IP Clearances. Third Party
    IP Clearances provided however
  Article 6
  ROYALTY
    AND PAYMENTS
  Section Gross
    Revenues.
  Section Comps. provided
  Section Muhammad
    Ali Property Royalties. and/or
  Section Muhammad
    Ali Property-themed Merchandise.
 9




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and/or
  Section Royalty
    Payments with Respect to Muhammad Ali-Themed Food and Beverage
    Outlets and Retail Stores Operated by Third
    Parties. and/or and/or and/or and/or
  Section Sponsorships,
    Commercial Tie-Ins, and Co-Branding
    Opportunities.
  Section 6.07 Guaranteed
    Minimum Royalties. Guaranteed
    Minimum Royalties
  Calendar Year

AmountCalendar year ending
    December 31, 2007

$1,000,000Calendar year ending
    December 31, 2008

$1,000,000Calendar year ending
    December 31, 2009

$1,000,000Calendar year ending
    December 31, 2010

$2,000,000Calendar year ending
    December 31, 2011

$2,000,000Calendar year ending
    December 31, 2012

$2,000,000Calendar year ending
    December 31, 2013

$3,000,000Calendar year ending
    December 31, 2014

$3,000,000Calendar year ending
    December 31, 2015

$3,000,000Calendar year ending
    December 31, 2016

$3,000,000Every calendar year thereafter
    during the Term

The Guaranteed Minimum Royalty for
    the immediately previous calendar year plus five percent (5%)   Section Royalty
    Payments.
 10




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Section Royalty
    Reports. Royalty Reports provided
  Section Method
    of Payment and Royalty Reports.
  
  Section Currency
    and Offsets.
  Section Late
    Payments. The Wall
    Street Journal
  Section Monetary
    Conversions. The Wall Street Journal.
 11




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Section Withholding
    Taxes. Tax Taxes provided
  Section Exemptions. provided
  Section Licensees
    Expenses.
  Section Buy-Out. Buy-Out EPE License
  Section Additional
    Payments.
 12




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Article 7
  RECORDS
    RETENTION AND AUDITS
  Section Records.
  Section Audit. and/or Wall Street Journal and/or
  Article 8
  ACCOMMODATIONS
    AND TICKETS
  Section Reduced
    Rate Accommodations.
  Section Other
    Discounts.
  Article 9
  RIGHTS OF
    APPROVAL GENERALLY
  Section Exercise
    of Approval Rights.
  Section General
    Approval Period.
 13




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Section Previously
    Approved Material.
  Section Licensee
    Contact.
  Section Approval
    Procedures.
  
    
  Section Bypass
    of Procedure.
  Section Quality
    Control Generally.
 14




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Section Right
    to Suspend Approval Process.
  Section Overall
    Use of Muhammad Ali Related IP. Exhibit D PROVIDED
  Section Withholding
    of Approval Following Buy-Out. provided however Rules
  Article 10
  APPROVAL
    OF MUHAMMAD ALI PROPERTIES
  Section Approval
    of Design of Muhammad Ali
    Properties. Muhammad
    Ali Property Materials
 15




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Section Consultation
    on Overall Design of Each Muhammad Ali
    Property. and/or
  Section Site
    Inspection. provided
  Section Muhammad
    Ali-themed Food and Beverage Outlets and Retail Stores Operated
    by Licensee.
  Section Muhammad
    Ali-themed Food and Beverage Outlets and Retail Stores Operated
    by Third Parties.
  Section Muhammad
    Ali-themed Food and Beverage Outlets and Retail Stores Operated
    by Licensor.
  Section Entertainment
    Attractions. provided
  Section General
    Conditions of Muhammad Ali
    Properties.
 16




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Section Generic
    Property Elements. provided provided and/or and/or Exhibit D
  Section Incidental
    Goods and Services. Exhibit D
  Article 11
  MERCHANDISE
    APPROVAL AND RIGHTS
  Section Submission
    of Materials. and/or
  Concept

Rough sketches or layout concepts;Prototype

Prototypes or finished artwork; andFinal

Pre-production sample.   Section Approval
    Procedures.
     17




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e-mail provided
  Section No
    Waivers. and/or
  Section Quality
    Control. and/or
  Section Compliance
    with Applicable Law.
  Section Right
    to Inspect. and/or
  Section Seconds
    and Disposals.
  Section Labeling
    Requirements. and/or
 18




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©
      Section Manufacturers
    Agreement. Exhibit E Manufacturers Agreement
  Section Generic
    Merchandise.
  Section Licensed
    Muhammad Ali Merchandise. Licensed Muhammad Ali
    Merchandise
 19




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Section Supplies
    to Licensor.
  Section Free
    Samples.
  Article 12
  OTHER
    APPROVAL RIGHTS
  Section Advertisements. Publicity
    Materials and/or
  Section Publications
    and Promotions. and/or Exhibit D
  Section Approval
    of New Trademarks and Logos. provided however
  Section Sponsored
    Activities. and/or
 20




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Section Other
    Activities.
  and/or
    Article 13
  OTHER
    LIMITATIONS
  Section 13.01 Acquisition
    of Artifacts.
  Section 13.02 Acquisition
    of Other Muhammad Ali Materials.
  Section No
    Family Contact.
  Article 14
  MUHAMMAD
    ALI EXPERIENCES
  Section Right
    of First Refusal.
  Section Creation
    of Muhammad Ali Experiences. Material Terms ROFR Period provided however
 21




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Section Declined
    Muhammad Ali Experiences. Declined Muhammad Ali Experience
  Section No
    Royalties.
  Article 15
  OWNERSHIP
    OF RIGHTS
  Section Ownership.
  Section Licensee
    Limitations.
  Section Ownership
    of Creations. Exhibit F
 22




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Section Goodwill
    and Promotional Value.
  Section Irreparable
    Injury.
  Article 16
  INTELLECTUAL
    PROPERTY PROTECTION AND INFRINGEMENT
  Section Intellectual
    Property Protection.
  Section Cooperation.
  Article 17
  INFRINGEMENT
  Section Notice
    of Infringement.
  Section General
    Infringements. and/or General Infringement
 23




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Section Muhammad
    Ali Lodging Properties Infringements. and/or Muhammad Ali Lodging Properties
    Infringements provided
  Article 18
  LICENSEE
    WARRANTIES AND INDEMNIFICATION
  Section Licensee
    Representations and Warranties.
     24




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Exhibit D
    Section Licensee
    Indemnification. Licensor Indemnified Parties Claims
            Section Licensee
    Limitations.
 25




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Section Licensee
    Control. and/or provided
  Section Licensor
    Participation.
  Section Cooperation.
  Article 19
  LICENSOR
    WARRANTIES AND INDEMNIFICATION
  Section Licensor
    Representations and Warranties.
             26




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Section Licensor
    Indemnification. Licensee Indemnified Parties
  Section Licensor
    Limitations.
  Section Control. and/or provided
  Section Licensee
    Participation.
  Section Cooperation.
  Article 20
  INSURANCE
  Section Insurance
    Generally.
 27




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Section Coverage.
  Article 21
  TERM AND
    TERMINATION
  Section Term. Term
 28




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Section Termination
    by Licensor.
      provided
    and/or
         29




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Section Termination
    by Licensor or Licensee.
  provided
        Article 22
  POST
    TERMINATION RIGHTS AND OBLIGATIONS
  Section Unbranding. Unbranding Period
  Section Reversion
    of Rights.
 30




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Section Existing
    Inventory. provided
  Section Irreparable
    Injury.
  Article 23
  SURVIVAL
  Section Survival.
  Article 24
  ASSIGNMENT
    AND SUBLICENSING
  Section No
    Assignment.
  Section Sublicense
    Rights.
  Section Issuance
    of a Site License. Exhibit G Exhibit H
 31




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provided
  Article 25
  CONFIDENTIALITY
  Section Confidential
    Information. Restricted Party Representatives Confidential Information
  Section Exceptions.
  provided
          Article 26
  MISCELLANEOUS
  Section Notices.
 32




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Section Governing
    Law.
  Section Service
    of Process.
  Section Waiver
    of Consequential Damages.
  Section Exhibits. Exhibit Exhibits Exhibits Exhibits
  Section Press
    Release.
  Section Entire
    Agreement; Amendments. Exhibits
 33




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Section Waiver.
  Section Partial
    Invalidity.
  Section Execution
    in Counterparts. provided
  Section Headings. Exhibit
  Section Rights
    Cumulative.
  Section Parties
    Intent.
 34




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By:
    CKX G.O.A.T. Holding Corp.,
    As Managing Member  By:
    /s/ Michael G. Ferrel  Title:
    Senior Executive Vice President  Date:
    June 1, 2007       By:
    /s/ Paul C. Kanavos  Title:  Date:
    June 1, 2007    MUHAMMAD
    ALI MASTER LICENSE AGREEMENT
 35