How much is Mike Tyson earning for the fight?
Widely regarded as one of the greatest boxers in history, 58-year-old Mike Tyson is estimated to have a net worth of $10 million, according to Celebrity Net Worth. While this is a far cry from the over $400 million he reportedly earned during his career, including fight purses, it reflects his journey of financial recovery after declaring bankruptcy in 2013 at the age of 37.
Promoters have not disclosed Tyson's exact earnings from Friday's fight, but reports from platforms like DraftKings Network suggest he could earn approximately $20 million.
Jake Paul vs. Mike Tyson: Highlights and Context
- Mike Tyson has expressed anxiety ahead of the fight, admitting he's "scared to death."
- The 57-year-old boxing icon will face 27-year-old Jake Paul in a Netflix live-streamed event, which Paul has boldly titled, "Time to put Iron Mike to sleep."
Interestingly, Tyson’s reported earnings from this fight are similar to the record-setting purse of his 1988 bout against Michael Spinks. Adjusted for inflation, that $20 million payday would be worth around $53 million today. In that match, Tyson famously knocked out Spinks in just 91 seconds, securing one of the most memorable victories in boxing history.
In 1992, Mike Tyson was sentenced to six years in prison after being convicted of raping a teenage beauty pageant contestant. He served three and a half years before being released on parole. Tyson made his return to boxing in 1995, defeating Peter McNeely by technical knockout in less than 90 seconds.
Following his return, Tyson earned $30 million per fight over his next four bouts. Among these was the notorious 1997 match against Evander Holyfield, during which Tyson infamously bit off a portion of Holyfield’s right ear. The incident led to Tyson’s disqualification, the revocation of his boxing license, and a $3 million fine, though he retained his fight earnings.
At a recent press conference, Jake Paul drew attention to the infamous moment by wearing a diamond-studded ear cover. However, Tyson has already embraced the humor of the incident, launching ear-shaped cannabis edibles called "Mike Bites" through his company, Tyson 2.0. With Holyfield’s consent, the brand has turned the incident into a lucrative venture. In 2023, Tyson 2.0 generated an estimated $150 million in revenue, according to Forbes Australia.
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