Mike Tyson returns to ring at 58, faces Jake Paul in extremely anticipated match at AT&T Stadium

Jake Paul, a former youngster star and social media influencer who began boxing professionally in 2020, slugged it out with former heavyweight champion Mike Tyson on Friday in a matchup that was livestreamed worldwide on Netflix. Paul received the struggle by unanimous resolution. 

This is what we all know about how a lot Paul and Tyson had been being paid, together with different monetary facets of an occasion that many think about extra spectacle than sport.

How a lot is Mike Tyson getting paid for the struggle?

Considered one of many best boxers of all time, 58-year-old Mike Tyson has an estimated internet value of $10 million, based on Celeb Web Price. That could be a modest sum in contrast with the tons of of thousands and thousands of {dollars} “Iron Mike,” as he’s identified, amassed in profession earnings, together with $400 million in struggle purses, in accordance to Forbes. During the last decade, Tyson has additionally fought his method again after submitting for chapter in 2013 on the age of 37. 

Although promotors didn’t reveal precisely how a lot Tyson earned for Friday’s struggle, stories from on-line sources, together with DraftKings Community, estimate he’ll make round $20 million. 

That is about the identical greenback quantity Tyson earned in his match towards Michael Spinks in 1988, a report purse on the time (value roughly $53 million at the moment adjusting for inflation). That bout lasted lower than two minutes, with Tyson knocking out the beforehand undefeated Spinks in 91 seconds. 

In 1992, Tyson was despatched to jail for six years after being convicted of raping a teenage beauty-pageant contestant. He was launched on parole after three and a half years, returning to boxing in 1995 in a match towards Peter McNeely, who was dispatched by technical knockout in beneath 90 seconds.

Tyson would go on to earn $30 million for every of his subsequent 4 matches, which included an notorious 1997 struggle towards Evander Holyfield during which Tyson bit off a chunk of his opponent’s proper ear. Tyson was disqualified from the struggle, had his boxing license revoked and fined $3 million, however was allowed to maintain the purse.

At a information convention on Wednesday, Paul wore a diamond-spiked ear cowl, a pointed reference to the incident. However in the case of making mild of the ear biting, Tyson has beat Paul to the punch, having launched ear-shaped marijuana edibles (with Holyfield’s consent) via his firm, Tyson 2.0, a premium hashish model he launched in 2021. The model generated an estimated $150 million in income in 2023, based on Forbes Australia.

How a lot is Jake Paul getting paid for the struggle?

Jake Paul, 27, is about to earn $40 million, based on an estimate from DraftKings Community and different sources — double what Tyson is predicted to obtain for the struggle. A easy rationalization for which may be that Paul, a prime social influencer with 27 million followers on Instagram alone, can also be co-founder of Most Priceless Promotions (MVP), the corporate selling the extravaganza in partnership with Netflix. His internet value is estimated at $80 million, based on Celeb Web Price.

With a 10-1 struggle report, principally towards combined martial artists and different pro-boxing newcomers beneath his belt, Paul, a former youngster star and YouTube prankster who started his boxing profession in 2018, doesn’t lack confidence — or showmanship. His cocky perspective earned him his newest nickname “El Gallo de Dorado” or the Golden Rooster, coined by followers in Puerto Rico. Earlier than that, he was known as “The Drawback Baby,” a reasonably self-explanatory moniker based mostly on the web persona he is crafted for himself through the years. 

Paul, who went full Gallo at an open coaching session this week with Tyson on the Toyota Music Manufacturing unit in Irving, Texas, donning a rooster hat and red-feathered skirt over his boxing trunks, epitomizes social media’s melding of Barnumesque leisure and sports activities. 

In a TikTok video posted Tuesday, a shirtless Paul, slumped on a sofa sporting a prosthetic stomach to make himself look off form, locations stacks of cash on his protruding abdomen whereas providing “Mikey, Mikey” an extra $5 million if the previous champion can final greater than 4 rounds with him within the ring. If he does not, says Paul within the video, the ageing boxer must get a tattoo that claims “I really like Jake Paul.”

“Because of this trendy boxing is a joke,”commented one consumer on Reddit in response to the video. “Individuals get extra enthusiastic about freak present fights than precise boxing matches.” 

As reported by USA At the moment, “Tyson and his camp haven’t publicly responded to the supply.” 

How a lot is the purse for the Jake Paul vs. Mike Tyson struggle?

The undisclosed purse is estimated by some to be as excessive as $80 million. 

How a lot do tickets to the Tyson vs. Paul struggle price?

Final-minute tickets can nonetheless be discovered for the Tyson vs. Paul struggle, which can happen Friday at AT&T Stadium in Arlington, Texas. Costs vary from $69 for higher mezzanine seats on StubHub to as a lot as $32,392 for ground seats on Vividseats. 

Initially set to happen on July 20, the occasion was later postponed and rescheduled for November 15 after Tyson suffered an ulcer flare-up on a flight from Miami to Los Angeles in Could.

As of early Friday night, gate receipts at AT&T Stadium introduced in $17.8 million in income, CNBC reported. Promotor MVP instructed the information outlet it expects greater than 70,000 folks fill the stadium, residence to the Dallas Cowboys, which has a seating capability of 80,000.

Who do gamblers suppose will win the struggle?

Tyson enters the ring on Friday, almost 20 years since his final skilled struggle, as a +160 underdog, in accordance to the newest betting odds from DraftKings. Meaning a $100 wager on post-retirement Iron Mike will usher in a $160 revenue if he wins. At -200, Paul is the favourite to win. Bettors must place a $200 wager to make a $100 revenue, ought to the social influencer prevail over Tyson. 

“There was numerous anticipation for this struggle, and we now have been happy with the betting quantity,” Johnny Avello, director of sports activities operations at DraftKings, instructed CBS MoneyWatch. “We anticipate extra motion to return within the hours main as much as the struggle.” 

Though it stays to be seen how a lot can be wagered in whole, the occasion is attracting some whale-sized bets of $500,000, based on ESPN.

Gamblers are backing Tyson, based on DraftKings, with 69% of all bets at present on the previous undisputed world champion to emerge victorious. “Whereas Tyson is 58-years outdated now, folks see one of many best boxers of all time at a good value and soar at that chance,” Avello stated.

“Whereas it will not match as much as an occasion just like the Tremendous Bowl, it may definitely be our most wager boxing match of the yr,” he added.

Not everybody will have the ability to place a wager the epic bout. Although the struggle is sanctioned by Texas Division of Licensing and Regulation, adjustments within the guidelines, together with shorter rounds and greater gloves, disqualifies the struggle from being wager on in a minimum of seven U.S. states.

watch the Jake Paul vs. Mike Tyson struggle

For many followers, the most effective seats can be at residence, with Tyson vs. Paul streaming worldwide on Netflix. A typical Netflix subscription plan with advertisements is $6.99 a month. The platform’s broadcast begins at 8 p.m. Japanese time. 

As reported by CBS Sports activities, the struggle marks Netflix’s greatest wager to this point on stay sports activities. Netflix, which has 282 million subscribers in over 190 nations, has just lately examined the waters by airing exhibition occasions in golf and tennis.