New Delhi: Boxing legend Mike Tyson is set to face social media sensation Jake Paul in a highly anticipated fight on Friday night, streaming on Netflix. With two big names stepping into the ring, the event is expected to draw significant attention and generate substantial revenue. The fight, initially scheduled for July 20, 2024, was postponed due to Tyson suffering from an ulcer flare-up.
The added buildup seems to have amplified interest, with both participants reportedly earning at least $20 million each. The fight will take place at the iconic AT&T Stadium in Arlington, Texas, which can accommodate over 80,000 fans. Ticket prices earlier this week ranged from as low as $44 (when purchased as a pair) to $447 for premium seats.
Mike Tyson’s Journey: From Riches To Bankruptcy And A ComebackMike Tyson, once one of the highest-paid athletes in the world, earned over $300 million during his professional boxing career. However, his lavish lifestyle and financial mismanagement led him to file for bankruptcy in 2003. Despite having earned at least $400 million, Tyson carried $27 million in debt at the time of his bankruptcy.
Tyson's extravagant expenses included $4.5 million on cars and motorcycles, $400,000 on pigeons and exotic animals, and 19 vehicles bought for friends. He also owed significant amounts in back child support.
Currently, Tyson's net worth is estimated at $10 million, according to Celebrity Net Worth. Friday’s fight will be Tyson’s third since his last vict.
