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Legendary boxer Mike Tyson broke records during his return to the ring to fight Jake Paul last month.
However, one company said they did something else to the detriment of it. That led to a major lawsuit in London’s High Court on Monday.
Tyson and his company Tyrannic were sued for more than $1.5 million by Medier, who backed gambling company Rabona, accusing him of unfairly terminating a promotional deal in March.
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Mike Tyson and Jake Paul exchange punches during their November 2 fight. 15 Nov 2024 (Tayfun Coskun/Anadolu via Getty Images)
The lawsuit alleges that Tyson accused Mediar of violating the agreement, which was signed in January. But the company is denying that for now.
“The real reason for Mr. Tyson and Tyrannic’s hasty and illegal termination was that Mr. Tyson had agreed (to) a Netflix-backed deal to fight influencer Jake Paul,” the lawsuit said.
Jake Paul jokes that his next opponent will be a 392-year-old shark.
Tyson’s lawyer said Medier breached his contract after failing to receive approval of promotional materials from Tyson.
Mike Tyson beats Jake Paul during a heavyweight boxing match on November 1, September 15, 2024 in Arlington, Texas. (AP Photo/Julio Cortez)
Medier is seeking a refund of more than $800,000 in fees paid to Tyson “without providing services,” as well as $729,000 for “Wasted production and promotional costs,” per the lawsuit.
Meanwhile, Tyson lost the sanctioned fight that set his career boxing record. He received a reported $20 million for the fight with Paul.
More than 72,000 football fans came to AT&T Stadium in Dallas to watch the game. In addition to the millions watching on Netflix.
Mike Tyson (Cooper Neill/Getty Images for Netflix/File)
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More than 108 million people watched the match, and although it wasn’t the best boxing match, But it is also the most watched sporting event in history.
The Associated Press contributed to this report.
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