Mike Tyson is being sued for $1,600,000 after allegedly breaking promo contract to fight Jake Paul

After allegedly breaching his promotional contract to face Jake Paul, Mike Tyson is facing a $1,600,000 lawsuit.

After Netflix hosted the historic Mike Tyson vs. Jack Paul bout last month, two of the best boxers in history joined together to give an all-star performance on the streaming behemoth.

On November 15, in front of 72,000 spectators at AT&T Stadium in Arlington, Texas, as well as an estimated 120 million people worldwide, the two men squared off.

Eight rounds of action, lasting two minutes each, took place during the eagerly awaited bout; nonetheless, several fans were dissatisfied after witnessing Tyson’s inability to keep up with his opponent. But can you really blame him? Jake Paul is 27 years younger than Tyson, who is 58.

 

Paul was unanimously proclaimed the winner by the last bell.

Following the incident, Tyson and his contract with a gaming company based in Cyprus appear to have been the subject of some criticism.

The former heavyweight champion reportedly had a promotional agreement with Medier, a business that advertises Rabona, an online casino and betting website, but Tyson is alleged to have fallen short of his obligations.

 

 

According to reports, the company, which filed the lawsuit in London back in October, is accusing the veteran fighter and his business Tyrannic of violating a January contract on the day the Netflix special was revealed in March. The company claims Medier violated the agreement due to a scheduling conflict.

But according to the lawsuit, Medier lost almost $1.59 million because of Tyson.

According to The New York Post, the company’s attorney argued in documents made public on Friday that “the true reason for Mr. Tyson and Tyrannic’s hasty and unlawful termination was because Mr. Tyson had agreed [to] a deal, sponsored by Netflix, to fight the influencer Jake Paul.”

Tyson’s representatives responded by providing the news source with more information on the incident.

The business maintains that Medier, Ltd. repeatedly and in different ways materially violated the terms of its license agreement. In order to prevent further damage to the Tyson brand’s reputation, Tyrannic, LLC was therefore perfectly within its legal and contractual rights to end the licensing agreement for a material breach,” the company stated in a statement.

 

 

The altercation resulted in more than just this lawsuit.

In the days following the altercation, a Florida man named Ronald “Blue” Denton also filed a class-action complaint, but this time against Netflix for the subpar streaming quality.

He is requesting $50 million in damages.