Jake Paul x Mike Tyson will make history as the first boxing event to be streamed live on Netflix and is being paid accordingly. Mike Tyson and Jake Paul are exaggerated personalities, more than worthy of being the main attraction of this great event. Mike Tyson is one of the most popular boxers of all time, with an impressive record of 50-6. However, Tyson’s career trajectory has been rocky at times. Although the boxer has earned around $300 million throughout his career, Tyson’s current net worth is $10 million.
Meanwhile, Jake Paul’s boxing career has been on the rise in recent years, and he was enough of a draw to convince Tyson to come out of retirement to fight Paul. Jake Paul, a YouTuber turned boxer, began his professional career in 2020 and has an impressive 10-1 record. Although Paul is much younger than Tyson, he currently has a net worth of $80 million and worked hard to organize this event that will take place at AT&T Stadium in Arlington, Texas on November 15, 2024.
Mike Tyson and Jake Paul Pay for Netflix Live Boxing Fight Explained
Jake Paul and Mike Tyson are earning around $40 million and $20 million respectively
Although the exact amount of money Mike Tyson and Jake Paul will earn from their boxing match has not been revealed to the public, both will have a big payday. According to USA todayMike Tyson will earn around $20 million from the fight, a sum that is double his current net worth. Meanwhile, during a press conference promoting the fight, Jake Paul stated: “I’m here to win 40 million dollars and kill a legend.“
Jake Paul hopes to silence all doubters by knocking out boxing legend Mike Tyson.
While it may surprise some that Paul is potentially earning double what Tyson makes, it is important to note that Paul’s startup company, Most Valuable Promotions, teamed up with Netflix to make the fight happen. So while Mike Tyson is a huge figure who will appeal to viewers, Jake Paul was more involved in making the fight happen behind the scenes. This makes sense, as Jake Paul hopes to silence all doubters by knocking out boxing legend Mike Tyson.
Why the Tyson and Paul fight is a big deal for Netflix
Netflix wants to broadcast more live sporting events
Netflix is ​​already the most popular streaming service in the world. However, it only recently began exploring live events. While an event as big as Mike Tyson vs. Jake Paul would normally require viewers to pay, Netflix is ​​streaming it for free in an attempt to generate more subscribers. The success of this event could lead Netflix to stream other major events livefor boxing and more.
The streaming service has already agreed to a 10-year, $5 billion deal for the streaming rights to WWE’s flagship show Monday night raw. Therefore, from January 2025, all episodes of Crude will be streamed on Netflixinstead of by cable, as has been the case for decades. This was a big move by Netflix to attract more viewers to its platform and signals the streamer’s growing interest in adding live sports and special events to its programming. So it only makes sense that Netflix would stream future boxing matches after Jake Paul x Mike Tysonbesides WWE.
Source: USA today