How much were Mike Tyson and Jake Paul paid for their fight, and what prize money will the winner earn?
How much were Mike Tyson and Jake Paul paid for their fight, and what prize money will the winner earn?
The Jake Paul vs. Mike Tyson fight on Friday night drew attention for its combination of spectacle and sport, featuring the 27-year-old YouTuber turned boxer against the legendary former heavyweight champion. Here’s a breakdown of the financial aspects surrounding the fight:
Mike Tyson’s Earnings
- Fight Purse: Estimated at $20 million, comparable to his earnings for his historic fight against Michael Spinks in 1988 (adjusted to inflation: ~$53 million).
- Net Worth: Tyson’s current estimated net worth is $10 million, a sharp drop from the $400 million he accumulated during his career due to legal and financial troubles, including bankruptcy in 2013.
- Post-Career Ventures: Tyson has supplemented his income through ventures like Tyson 2.0, a cannabis brand generating $150 million in revenue in 2023.
Jake Paul’s Earnings
- Fight Purse: Estimated at $40 million, double Tyson’s amount.
- Net Worth: Estimated at $80 million, largely attributed to his social media influence and role as co-founder of Most Valuable Promotions (MVP), which promoted the fight.
- Other Income: Paul also leverages his massive social following (27 million on Instagram) for brand deals and entertainment ventures.
How much were Mike Tyson and Jake Paul paid for their fight, and what prize money will the winner earn?
Total Fight Purse
- The total purse is estimated at $80 million, reflecting the massive hype and promotional success of the event.
Event Revenue
- Ticket Sales: Generated $17.8 million from over 70,000 attendees at AT&T Stadium, with tickets ranging from $69 to $32,392.
- Streaming Rights: The fight was streamed globally on Netflix, marking one of the platform’s most significant live sports
- events.
Betting and Odds
- Tyson entered as a +160 underdog, while Paul was the favorite at -200. Despite Tyson’s age, 69% of bets favored the former champion.
The fight exemplifies how modern boxing blends traditional sport with entertainment, leveraging personalities and platforms like Netflix to maximize reach and revenue.