Mike Tyson faces a million-dollar lawsuit after the fight with Jake Paul for breach of contract

This is Medier, a company dedicated to the promotion of the Rabona betting company, and filed the lawsuit in the London High Court.

Tyson and his company Tyrannic were accused of having improperly terminated the agreement signed in January in March by arguing that Measure He had not fulfilled his part of the contract.

The lawsuit notes that “the real reason for the hasty and unlawful termination by Mr. Tyson and Tyrannic was because Mr. Tyson had agreed to a deal, sponsored by Netflixto fight the influencer Jake Paul.”

Thus, the Cyprus company wants to recover the most $800,000 paid to Tyson by arguing that “no services were provided in exchange for these payments”. Additionally, they asked for an additional $729,000 for “wasted production and promotion costs.”

Mike Tyson vs Jake Paul: the million-dollar collection of the fight

The fight between Tyson and Paul exceeded all expectations in terms of audience and also from the economic side. The event, held at the AT&T Stadium in Arlington, Texas, with capacity for 80,000 spectators, marked the boxer’s return to the ring after 20 years of retirement, and established the YouTuber as a key figure in modern sports entertainment.

Although tickets continued to be sold until the last minute, the broadcast of the fight through Netflix allowed millions of people enjoy the event from their homes.

According to official reports that were made after the completion, The confrontation generated a collection of close to US$80 milliona figure that confirms the global appeal of both contenders.

Individual gains were also notable. Mike Tyson, who at his peak won up to US$30 million per fight, he obtained approximately US$20 million for this participation. For his part, Jake Paul, in statements prior to the fight, assured: “I’m here to win US$40 million and knock out a legend.”