Jake Paul, a former child star and social media influencer who began boxing professionally in 2020, will fight with former Heavyweight Champion Mike Tyson Friday in a matchup that will be livestreamed worldwide on Netflix.
is here what do we know How much Paul and Tyson are being paid, as well as other financial aspects of the event, which many consider more of a spectacle than a sport.
How much is Mike Tyson getting paid to fight?
Considered one of the greatest boxers of all time, 58-year-old Mike Tyson has an estimated net worth of $10 million. According For Celebrity Net Worth. This is a paltry sum compared to the millions of dollars the man known as “Iron Mike” has accumulated from career earnings, including $400 million in fight purses. To Forbes. Over the past decade, Tyson has also struggled and bounced back. filing for bankruptcy In 2013 at the age of 37.
Although promoters have not disclosed how much Tyson will earn for Friday's fight, online sources report, Involved DraftKings Network estimates he will make approximately $20 million.
This is approximately the same dollar amount that Tyson earned in his match against Michael Spinks in 1988, which was a record purse at the time (adjusted for inflation it is worth about $53 million today). That bout lasted less than two minutes, with Tyson knocking out the previously undefeated Spinks in 91 seconds.
In 1992, Tyson was sent to prison for six years after being convicted of raping a teenage beauty contestant. He was released on parole after three and a half years, returning to boxing in 1995 in a match against Peter McNally, who was sent out by technical knockout in less than 90 seconds.
Tyson would earn $30 million for each of his next four matches, including an infamous 1997 fight against Evander Holyfield in which Tyson bit off a piece 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 wore a diamond tip earringsA pointed reference to the event. But when it comes to making light of ear bites, Tyson has Paul beat Ear-shaped marijuana edibles launched (With Holyfield's consent) through his company, Tyson 2.0, a premium cannabis brand he launched in 2021. The brand is projected to generate revenues of $150 million in 2023. According For Forbes Australia.
Ron Galella, Ltd./Ron Galella Collection via Getty Images
How much is Jake Paul getting paid for the fight?
Jake Paul, 27, is set to make $40 million, according to one guess From DraftKings Network and other sources – double what Tyson is expected to get for the fight. A simple explanation for this could be that Paul, a top social influencer with 27 million followers on Instagram alone, is also the co-founder of Most Valuable Promotions, the company running extraordinary promotions in partnership with Netflix. His net worth is estimated at $80 million, According For Celebrity Net Worth.
With a 10-1 fight record, mostly against Mixed martial artists and other pro-boxing newcomers With that under his belt, Paul, a former child star and YouTube prankster who started his boxing career in 2018, is not lacking in confidence or showmanship. His cocky attitude earned him his newest nickname, “El Gallo de Dorado”, or the Golden Rooster, given by fans in Puerto Rico. Before that, he was called “The Problem Child”, a fairly self-explanatory nickname based on online Persona He has been groomed for himself for years.
Paul, who went all Gallo open training session With Tyson at the Toyota Music Factory in Irving, Texas this week, wearing a cocked hat and red feather skirt over his boxing trunks, the barnesque on social media is the epitome of a mix of entertainment and sports.
in a tiktok video Posted On Tuesday, a shirtless Paul, lying on a couch wearing a prosthetic stomach to make himself look bad, placed stacks of money on his bulging stomach and offered “Mickey, Mickey” an additional $5 million if the former champion Can last for more than four. Round with him in the ring. If he doesn't do that, Paul says in the video, the aging boxer will have to get a tattoo that reads, “I love Jake Paul.”
“This is why modern boxing is a joke,” one user on Reddit commented in response to the video. “People are more excited about mock fights than actual boxing matches.”
As informed By USA Today, “Tyson and his camp have not publicly responded to the proposal.”
What is the purse for the Jake Paul vs. Mike Tyson fight?
Some estimate that the undisclosed purse could reach $80 million.
How much are Tyson vs Paul fight tickets?
Last minute tickets can still be found for the Tyson vs. Paul fight, which will take place on Friday AT&T Stadium in Arlington, TexasPrices range from $69 for upper mezzanine seats at StubHub to $32,392 for floor seats at VividSeats.
Who do the gamblers think will win the fight?
Tyson enters the ring as a +160 underdog on Friday, nearly 20 years after his last professional fight. According For the latest betting odds from DraftKings. This means that a $100 bet won on Iron Mike after retirement would yield a profit of $160. At -200, Paul is the favorite to win. Bettors would have to bet $200 to make a $100 profit if the social influencer prevails over Tyson.
“There was a lot of anticipation for this fight and we're pleased with the betting volume,” Johnny Avello, director of sports operations at DraftKings, told CBS MoneyWatch. “We expect more action in the hours before the fight.”
Although it remains to be seen how much will be wagered in total, the event is attracting some whale-sized bets of $500,000. espn,
According to DraftKings, gamblers are backing Tyson, with 69% of all bets currently placed on the former undisputed world champion being victorious. Avello said, “Even though Tyson is now 58 years old, people see one of the greatest boxers of all time at a favorable price and take advantage of that opportunity.”
He said, “Although it won't match an event like the Super Bowl, it certainly could be our greatest boxing match of the year.”
Not everyone will be able to bet on the epic showdown. However the fight has been approved by the Texas Department of Licensing and Regulation, which includes changes to the rules small rounds and big glovesDisqualifies at least seven from betting on fights in the US State.
How to watch Jake Paul vs Mike Tyson fight
For most fans, the best seats will be at home, with Tyson vs. Paul streaming worldwide on Netflix. a standard netflix Membership The plan with ads is $6.99 per month. The forum's broadcast begins at 8 pm Eastern Time.
As reported by CBS SportsThe fight is Netflix's biggest bet on live sports to date. Netflix, which has 282 million subscribers in more than 190 countries, recently tested the waters By broadcasting exhibition events in golf and tennis.