How Much Mike Tyson & Jake Paul Are Getting Paid For Their Netflix Fight

Jake Paul vs. Mike Tyson will make history as the first boxing event to be streamed live on Netflix, and they’re being paid accordingly. Mike Tyson and Jake Paul are both over-the-top personalities, more than worthy of headlining this major 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. While the boxer reportedly made close to $300 million over the course of 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 record of 10-1. While 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 & Jake Paul’s Payment For Netflix’s Live Boxing Match Explained

Jake Paul And Mike Tyson Are Making About $40 Million And $20 Million, Respectively

While the exact amount of money that Mike Tyson and Jake Paul will be making for their boxing match has not been revealed to the public, they are both going to have a major payday. According to USA Today, Mike Tyson will make around $20 million from the fight, a sum that is double his current net worth. Meanwhile, during a news conference promoting the fight, Jake Paul stated: “I’m here to make $40 million and knock out a legend.“

While it may surprise some that Paul is potentially making double what Tyson is, it is worth noting that Paul’s startup company, Most Valuable Promotions, teamed up with Netflix to make the fight happen. Therefore, while Mike Tyson is a massive figure that will attract 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 vs. Paul Fight Is Such A Big Deal For Netflix

Netflix Wants To Stream More Live Sporting Events

Netflix is already the most popular streaming service in the world. However, it only recently started exploring live events. While an event as big as Mike Tyson vs. Jake Paul would usually 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 live events, for boxing and beyond.

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, starting in January 2025, all episodes of Raw will stream on Netflix, rather than on cable, like it has been for decades. This was a major 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 lineup. Therefore, it only makes sense for Netflix to stream future boxing matches after Jake Paul vs. Mike Tyson, in addition to WWE.

Source: USA Today