Jake Paul, a former child actor and social media influencer who started boxing professionally in 2020, will be going strong with the former child actor. heavyweight champion mike tyson Friday’s matchup will be live streamed worldwide on Netflix.
Here it is what we know About Paul and Tyson’s paychecks and other financial aspects of an event that many consider more of a spectacle than a sport.
How much does Mike Tyson get paid for his fights?
Mike Tyson, 58, considered one of the greatest boxers of all time, has an estimated net worth of $10 million, according to Celebrity Net Worth. That amount is modest compared to the hundreds of millions of dollars (including $400 million in fight money) that the man known as “Iron Mike” has amassed in lifetime earnings, according to Forbes. Over the past decade, Tyson has also bankruptcy filing In 2013, at the age of 37.
Promoters have not said exactly how much Tyson will earn for Friday’s fight, but reports from online sources including the DraftKings Network estimate that Tyson will earn around $20 million.
That’s about the same amount as Tyson earned for his 1988 fight with Michael Spinks, which was a record at the time (equivalent to about $53 million today, adjusted for inflation). The bout lasted less than two minutes, with Tyson knocking out the previously undefeated Spinks in 91 seconds.
In 1992, Tyson was convicted of raping a teenage beauty pageant contestant and sentenced to six years in prison. He was paroled after three and a half years and returned to boxing in 1995 in a match against Peter McNeely, but was sent off by technical knockout within 90 seconds.
Tyson would earn $30 million in each of his next four fights, including the infamous 1997 fight with Evander Holyfield in which Tyson bit off part of his opponent’s right ear. Ta. Tyson was disqualified from the bout, stripped of his boxing license and fined $3 million, but was allowed to keep his wallet.
At Wednesday’s press conference, Paul wore ear covers with diamond spikes, a reference to the incident. But when it comes to making light of ear biting, Tyson beats Paul to the punch, and through his own company called Tyson 2.0, a premium cannabis brand he launched in 2021 (with Holyfield’s consent) edible marijuana has been released. It generated an estimated $150 million in revenue in 2023, according to Forbes Australia.
Ron Galella, Ltd./Ron Galella Collection via Getty Images
How much does Jake Paul get paid for this fight?
Jake Paul, 27, will earn $40 million, according to estimates from the DraftKings Network and other sources, double what Tyson is expected to receive for this fight. The short explanation is that Paul, a top social influencer with 27 million followers on Instagram alone, is also the co-founder of Most Valuable Promotions (MVP), a company that partners with Netflix to promote luxury events. That might be the case. According to Celebrity Net Worth, his net worth is estimated at $80 million.
He has a record of 10 wins and 1 loss, mainly against Mixed martial artists and other professional boxing newcomers Paul, a former child actor and YouTube prankster who began his boxing career in 2018, isn’t lacking in confidence or showmanship. His cocky attitude earned him the latest nickname coined by Puerto Rican fans: “El Gallo de Dorado” or “The Golden Rooster.” Before that, he was called a “problem child.” It’s a very telling nickname, based on the online persona he’s created for himself over the years.
Paul, who attended a public training session with Tyson this week at the Toyota Music Factory in Irving, Texas, and went full Gallo wearing a red feathered skirt over a rooster hat and boxing trunks, appeared on social media. It embodies Burnumesque’s fusion of entertainment and sports through media.
In a TikTok video posted on Tuesday, a shirtless Paul, wearing a prosthetic belly to make it look like he’s in poor health, sits on a couch, places a large sum of money on his protruding stomach, and tells the former champion that he’s “Mikey.” , offered an additional $5 million to Mikey. When he’s in the ring, his fights can last more than four rounds. If he doesn’t, the aging boxer will have to get a tattoo that says “I love Jake Paul,” Paul says in the video.
“This is why modern boxing is a joke,” one Reddit user commented in response to the video. “People get more excited about freak show fights than actual boxing matches.”
As reported by USA Today, “Tyson and his camp have not publicly responded to the offer.”
How much does the Jake Paul vs. Mike Tyson fight cost?
Some estimate the undisclosed purse to be as high as $80 million.
How much are Tyson vs. Paul tickets?
Last-minute tickets are still available for Friday’s Tyson vs. Paul fight. AT&T Stadium in Arlington, Texas. Prices range from $69 for upper mezzanine seats at StubHub to $32,392 for floor seats at Vividseats.
The event was originally scheduled to take place on July 20th, but was later postponed and rescheduled for November 15th. Tyson suffered from ulcer recurrence On a flight from Miami to Los Angeles in May.
As of Friday evening, AT&T Stadium gate receipts had brought in $17.8 million in revenue, CNBC reported. Promoter MVP told news outlets that he expects more than 70,000 people to fill the 80,000-capacity stadium, home of the Dallas Cowboys.
Who does the gambler think will win the fight?
Nearly 20 years after his last professional fight, Tyson will enter the ring Friday as a +160 underdog, according to the latest betting odds from DraftKings. In other words, if you bet $100 on Iron Mike after he retires, you’d make a profit of $160 if he wins. At -200, Paul is the favorite. If the social influencer beats Tyson, bettors would need to bet $200 for a $100 profit.
“There’s a lot of anticipation for this game and we’re happy with the amount of betting,” DraftKings director of sports operations Johnny Abello told CBS MoneyWatch. “We expect more action in the hours leading up to the battle.”
ESPN says the event has attracted a whale-sized wager of $500,000, although it’s not yet known how much will be wagered in total.
Gamblers are backing Tyson, with 69% of all bets currently placed on the former undisputed world champion’s victory, according to DraftKings. “Tyson is 58 years old now, but people saw one of the greatest boxers of all time available at a good price and jumped at the chance,” Abello said.
“It won’t be on par with an event like the Super Bowl, but it will definitely be our most bet boxing match of the year,” he added.
Not everyone can bet on this epic match. The fight is sanctioned by the Texas Department of Licensing and Regulation, but rule changes such as shorter rounds and expanded gloves will make the fight no longer bet on in at least seven U.S. states.
How to watch the Jake Paul vs. Mike Tyson fight
For most fans, the best seats will be home as Tyson vs. Paul will be streamed worldwide on Netflix. A standard Netflix subscription plan with ads costs $6.99 per month. Broadcasts on the platform begin at 8pm ET.
According to a report from CBS Sportsthis fight marks Netflix’s biggest bet on live sports to date. Netflix, which has 282 million subscribers in more than 190 countries, recently tested the water By broadcasting exhibition golf and tennis events.
