How much will Mike Tyson and Jake Paul be paid for their fight, and what prize money will the winner earn? | Global News Avenue

Jake Paul, a former child star and social media influencer who started boxing professionally in 2020, will fight against Jake Paul, a former child star and social media influencer. Heavyweight boxing champion Mike Tyson One of Friday’s games will be broadcast live worldwide on Netflix.

This is what we know About Paul and Tyson’s compensation, and other financial aspects of an event that many consider to be more of a spectacle than a sport.

How much was Mike Tyson paid for this fight?

Mike Tyson, 58, is considered one of the greatest boxers of all time with an estimated net worth of $10 million, according to Celebrity Net Worth. That number is reportedly a pittance compared to the hundreds of millions of dollars “Iron Mike” has amassed in his career, including $400 million in boxing winnings. arrive Forbes. Over the past decade, Tyson has also fought back File for bankruptcy 2013, 37 years old.

Although promoters have yet to reveal how much Tyson will earn from Friday’s fight, online sources report. include DraftKings Network estimates his earnings at around $20 million.

That’s about the same amount Tyson earned for his 1988 fight against Michael Spinks, which set a record purse at the time (worth about $53 million today, adjusted for inflation). The fight lasted less than two minutes, with Tyson knocking out the previously undefeated Spinks in 91 seconds.

In 1992, Tyson was sentenced to six years in prison for raping a teenage beauty pageant contestant. He was paroled after three and a half years and returned to the ring in 1995 to fight Peter McNeely, who suffered a technical knockout in 90 seconds.

Tyson earned $30 million for each of his next four fights, including the infamous 1997 fight with Evander Holyfield in which Tyson bit off a piece of his opponent’s right ear. Tyson was disqualified, had his boxing license revoked and was fined $3 million, but was allowed to keep his wallet.

At Wednesday’s press conference, Paul wore diamond earmuffsexplicitly mentioning the incident. But when it comes to making light of ear biting, Tyson has Paul beat Launching ear-shaped cannabis edibles (with Holyfield’s consent) through his company Tyson 2.0, his premium cannabis brand launching in 2021. The brand is expected to generate $150 million in revenue in 2023, according to Forbes Australia.

How much was Jake Paul paid for this fight?

According to a report, 27-year-old Jake Paul is expected to earn an annual salary of $40 million. estimate Information from the DraftKings Network and other sources — is twice what Tyson is expected to gain in this fight. A simple explanation for this might be that Paul is a top social influencer with 27 million followers on Instagram alone, as well as the co-founder of Most Valuable Promotions, which partnered with Netflix to promote the event. His net worth is estimated at $80 million, according to Celebrity Net Worth.

The record is 10 wins and 1 loss, mainly against Mixed martial artists and other professional boxing newcomers Paul, a former child star and YouTube prankster who launched his boxing career in 2018, doesn’t lack for confidence or showmanship. His arrogant attitude earned him his latest nickname, “El Gallo de Dorado” or “The Golden Rooster,” coined by Puerto Rican fans. Before that, he was known as “Problem Child,” a rather self-explanatory internet-based nickname. persona He has crafted it for himself over the years.

Paul, who was in full Gallo public training courses This week, Tyson was at the Toyota Music Factory in Irving, Texas, wearing a cock hat and a red feather skirt over boxers, embodying social media’s Barnum-esque fusion of entertainment and sports.

In TikTok videos release On Tuesday, Paul, shirtless and wearing a prosthetic midriff, slumped on a couch to look deformed and placed a wad of money on his protruding belly while offering an extra $5 million to “Mickey, Mickey,” If the former champion can last beyond four. Being in the ring with him. Paul said in the video that if he didn’t, the aging boxer would have to get a tattoo that said “I love Jake Paul.”

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

as report USA Today reported that “Tyson and his camp have not publicly responded to the offer.”

How much is the prize money for the Jake Paul vs. Mike Tyson fight?

Some estimates put the undisclosed funding at as much as $80 million.

How much are tickets for the Tyson vs. Paul fight?

Last-minute tickets are still available for the Tyson vs. Paul fight, which takes place on Friday at AT&T Stadium, Arlington, Texas. A mezzanine seat costs $69 on StubHub and a whopping $32,392 on Vividseats for a floor seat.

The event was originally scheduled for July 20 but was postponed and rescheduled for November 15 Tyson ulcer attack On a flight from Miami to Los Angeles in May.

Who do punters think will win this fight?

Tyson steps into the ring on Friday, nearly 20 years after his last professional boxing fight, when he was a +160 underdog, according to The latest betting odds from DraftKings. This means that a $100 bet on retired Iron Mike would result in a profit of $160 if he wins. At -200, Paul is the favorite to win. If the social influencer beats Tyson, the bettor would have to place a $200 bet to receive a $100 profit.

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

The event reportedly attracted some huge bets, as much as $500,000, although the total amount bet remains to be seen. ESPN.

Bettors are backing Tyson, with 69% of bets currently on the former undisputed world champion, according to DraftKings. “Although Tyson is now 58 years old, people saw one of the greatest boxers of all time at a great price and jumped at the chance,” Avillo said.

“While it won’t rival something like the Super Bowl, it’s certainly our most staked boxing match of the year,” he added.

Not everyone can bet on this epic game. Although the contest was approved by the Texas Department of Licensing and Regulation, the rules have changed, including Shorter rounds and bigger glovesdisqualifying betting on this match in at least seven U.S. state.

How to watch Jake Paul vs. Mike Tyson

For most fans, the best seats are at home, where Tyson vs. Paul will be broadcast live around the world on Netflix. Standard Netflix subscription The ad-supported plan is $6.99 per month. The platform begins broadcasting at 8 p.m. Eastern Time.

According to CBS SportsThe game marks Netflix’s biggest bet yet on live sports. Netflix has 282 million subscribers in more than 190 countries and recently Test the waters By broadcasting golf and tennis exhibition events.