How much money did Mike Tyson and Jake Paul make from their big fights?

Former child star and social media phenomenon Jake Paul, who started boxing professionally in 2020, closed the gap with the former boxer. heavyweight champion Mike Tyson Friday in a matchup broadcast live worldwide on Netflix. paul won the fight by unanimous decision.

At work what do we know About how much Paul and Tyson were paid and other financial aspects of this event that many see as more spectacle than sport.

How much does Mike Tyson get paid for the fight?

Considered one of the best boxers of all time, 58-year-old Mike Tyson has an estimated net worth of $10 million. based on To Celebrity Net Worth. That’s a modest amount compared to the hundreds of millions of dollars in career earnings known as “Iron Mike,” including $400 million in fight purses. with Forbes. Over the past decade, Tyson has also struggled his way back. filing for bankruptcy In 2013, when I was 37 years old.

Although the promoters did not disclose exactly how much Tyson earned from Friday’s fight, according to reports from online sources, to contain DraftKings Network estimates he will make around $20 million.

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This is almost the same dollar amount that Tyson won in his 1988 match against Michael Spinks; it was a record purse at the time (worth about $53 million today when adjusted for inflation). This match lasted less than two minutes, and Tyson knocked out the previously undefeated Spinks in 91 seconds.

In 1992, Tyson was convicted of raping a young beauty pageant contestant and sentenced to six years in prison. He was released on parole after three and a half years and returned to boxing in 1995 in a match against Peter McNeely, which the boxer eliminated by technical knockout in less than 90 seconds.

Tyson would earn $30 million for each of his next four fights; This included his famous fight against Evander Holyfield in 1997, in which Tyson bit off part of his opponent’s right ear. Tyson was disqualified from the fight, had his boxing license revoked, and was fined $3 million, but was allowed to keep the purse.

At a press conference on Wednesday, Paul diamond studded ear protectionA sharp reference to the incident. But when it comes to making light of ear-biting, Tyson has Paul thoroughly beat. launches ear-shaped marijuana edibles (Courtesy of Holyfield) through his company, Tyson 2.0, a premium cannabis brand he launched in 2021. The brand has an estimated revenue of $150 million in 2023. based on To Forbes Australia.

How much money does Jake Paul get paid for fighting?

According to a study, 27-year-old Jake Paul will earn $40 million to guess That reward, from DraftKings Network and other sources, is twice what Tyson was expected to receive for the fight. A simple explanation for this could be that Paul, one of the top social influencers with 27 million followers on Instagram alone, is also the co-founder of Most Valuable Promotions (MVP), the company that promotes this extravaganza in partnership with Netflix. His net worth is estimated at $80 million. based on To Celebrity Net Worth.

With a 10-1 fight record, mostly against mixed martial artists and other pro-boxing newcomers Paul, a former child star and YouTube prankster who started his boxing career in 2018, has no confidence or showmanship. His cocky attitude earned him his final nickname, “El Gallo de Dorado” or the Golden Rooster, nicknamed by fans in Puerto Rico. Before this he was called “Problem Child”; which was a pretty descriptive nickname based on information online. personality It has been prepared for him over the years.

Paul went right to Gallo. open training session Tyson wearing a rooster hat and red feathered skirt over boxing shorts at the Toyota Music Plant in Irving, Texas, this week epitomizes social media’s Barnumes-esque conflation of entertainment and sports.

In a TikTok video sent Shirtless Paul, who collapsed on the couch Tuesday wearing a prosthetic belly to make himself look out of shape, is placing tons of money on his protruding stomach while offering “Mikey, Mikey” an additional $5 million if the former champion can last more than four. He rotates with her in the ring. If he doesn’t, Paul says in the video, the aging boxer will have to get a tattoo that says “I love Jake Paul.”

“This is why modern boxing is a joke,” one user on Reddit commented in reaction to the video. “People get more excited about freak show fights than real boxing matches.”

Like reported “Tyson and his team have not publicly responded to this offer,” according to USA Today.

How much is the purse for the fight between Jake Paul and Mike Tyson?

The undisclosed wallet is estimated by some to be as high as $80 million.

Expectations are increasing that Tyson-Paul will have a slap fight during the weigh-inKnow before you go: Jake Paul and Mike Tyson fight at AT&T Stadium in ArlingtonMike Tyson vs Jake Paul fight start time: Where to watch, live stream online, fight pass, Netflix priceHow much are the tickets for the Tyson and Paul fight?

Tyson vs. will take place on Friday at 19.00. Last minute tickets for the St. Paul fight are still available. AT&T Stadium in Arlington, Texas. Prices range from $69 for upper mezzanine seats at StubHub to $32,392 for floor seats at Vividseats.

Originally scheduled to take place on July 20, the event was later postponed and rescheduled for November 15. Tyson suffered an ulcer flare-up On a flight from Miami to Los Angeles in May.

CNBC said gate receipts at AT&T Stadium brought in $17.8 million as of early Friday evening reported. Promotor MVP told the news outlet that he expects more than 70,000 people to fill the stadium, home to the Dallas Cowboys, which has a seating capacity of 80,000.

Who do gamblers think will win the war?

Nearly 20 years after his last professional fight, Tyson enters the ring Friday as a +160 underdog. based on Check out the latest odds from DraftKings. This means that if Iron Mike were to win a $100 bet on him post-retirement, he would return a profit of $160. At -200 Paul is the favorite to win. If the social influencer beats Tyson, bettors will need to bet $200 to make a $100 profit.

“There was a lot of anticipation for this fight and we’re pleased with the betting volume,” Johnny Avello, DraftKings’ director of sports operations, told CBS MoneyWatch. “We expect more action to come in the hours before the battle.”

While it’s not yet clear how much will be wagered in total, the event is attracting some bets the size of a whale of $500,000. ESPN.

Gamblers are backing Tyson, with 69% of all bets currently on the former undisputed world champion to prevail, according to DraftKings. “Even though Tyson is 58 years old now, people are seeing one of the greatest boxers of all time at a bargain price and taking advantage of the opportunity,” Avello said.

“While it may not match an event like the Super Bowl, it could certainly be the highest-stakes boxing match of the year,” he added.

Not everyone will be able to place a bet on an epic match. While the challenge has been approved by the Texas Department of Licensing and Regulation, changes to the rules include: shorter bullets and larger glovesdisqualifies betting on at least seven fights in the United States states.

How to watch Jake Paul and Mike Tyson fight

For most fans, the best seats will be at home and Tyson vs. Paul will be released worldwide on Netflix. A standard Netflix subscription The plan with ads costs $6.99 per month. The platform’s broadcast begins at 20:00 Eastern time.

As CBS Sports reportsThe fight marks Netflix’s biggest push into live sports to date. Netflix, which has 282 million subscribers in more than 190 countries, has recently tested the waters by broadcasting exhibition events in golf and tennis.

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