• News
    • Tech News
    • AI
  • Gadgets
    • Apple
    • iPhone
  • Gaming
    • Playstation
    • Xbox
  • Science
    • News
    • Space
  • Streaming
    • Netflix
  • Vehicles
    • Car News
  • Social Media
    • WhatsApp
    • YouTube
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
TikTok
Snapchat
WhatsApp
Submit Your Content
Mike Tyson releases statement after being sued for $1,600,000 over Jake Paul

Home> News

Published 12:23 10 Dec 2024 GMT

Mike Tyson releases statement after being sued for $1,600,000 over Jake Paul

Iron Mike isn't taking this one lying down

Tom Chapman

Tom Chapman

Mike Tyson has finally responded to a lawsuit over his latest opponent, YouTuber Jake Paul.

Mike Tyson might have reportedly earned an impressive $20 million from his November 15 fight against Jake Paul, but now, someone is coming for a slice of his pie. Despite controversial rule changes that included heavier gloves and shorter rounds, it was a fully sanctioned fight. Jake Paul's team has already batted off accusations that the fight was fixed, and now, Team Tyson finds itself in the firing line.

A Cyprus-registered company that promotes Rabona, an online casino and betting company, has filed a lawsuit.

Advert

Medier filed the suit in October 2024, alleging that a 'hasty and unlawful termination' of its contract with Tyson was due to the 58-year-old boxer and his Tyrannic company entering a deal to take on Jake Paul.

Jake Paul won against Mike Tyson during the much-hyped fight (TIMOTHY A. CLARY / Contributor / Getty)
Jake Paul won against Mike Tyson during the much-hyped fight (TIMOTHY A. CLARY / Contributor / Getty)

The deal between Tyrannic and Medier was terminated in March, with Tyson's side maintaining it was because Medier breached an agreement. As this was on the same day the Jake Paul fight was announced, Medier's lawyers claim its actions didn't warrant a breach and that it had to do with the more lucrative partnership. Medier says early termination lost the company around $1.6 million, which spurred the legal actions.

Court documents released on December 6 state: "The true reason for Mr Tyson and Tyrannic's hasty and unlawful termination was because Mr Tyson had agreed a deal, sponsored by Netflix, to fight the influencer Jake Paul."

Advert

In a statement shared by UNILAD Tyson's team has responded and denied any wrongdoing: "Medier materially breached the terms of its agreement with Tyrannic multiple times by exceeding the scope of the restricted license that was granted, causing, among other things, financial and reputational damage to the company and Mr. Tyson.

"Tyrannic properly terminated the agreement and is confident that the Court will view this dispute in its favor."

Tyson's team have denied any wrongdoing against Medier (Al Bello / Staff / Getty)
Tyson's team have denied any wrongdoing against Medier (Al Bello / Staff / Getty)

Medier's lawsuit comes after a Florida man reportedly filed proceedings against Netflix, seeking $50 million in damages due to technical issues with the fight. Netflix has downplayed the gremlins in the system, saying that with some 60 million households tuning in, it was a certified hit.

Advert

Despite complaints over the fight and the fact that Paul won on points, there are already calls for a rematch. Tyson has seemingly been offered a record-breaking $700 million to step back into the ring and settle the score, although it's unclear whether this is a legitimate offer from Saudi Arabia's Turki Alalshikh and the Country's General Entertainment Authority. As for Jake Paul, despite saying he's retiring from influencer boxing, his professional career shows no signs of slowing down and there’s no shortage of offers for who he could fight next.

Featured Image Credit: Stephen McCarthy/Contributor / Al Bello/Staff / Getty
Netflix
Streaming

Advert

Advert

Advert

  • Netflix reportedly sued for $50,000,000 following Jake Paul vs Mike Tyson fight
  • Mike Tyson gives cryptic statement after revealing how he really felt during Jake Paul fight
  • Mike Tyson makes honest admission about fight with YouTuber Jake Paul
  • Netflix rules explained for Jake Paul vs Mike Tyson amid fans concern over potential fines

Choose your content:

16 hours ago
19 hours ago
  • 16 hours ago

    Doctor explains why he fears AI taking over his job as he shares footage of computer completing task he trained decades for

    Advancements in AI have put even specialists at risk

    News
  • 16 hours ago

    Horrifying predictions Baba Vanga has made for the next 3,000 years are meant to start soon

    Her predictions envision a dark future for humanity on Earth

    News
  • 19 hours ago

    Scientists make shocking discovery about Earth's earliest oceans dating back over 2,000,000,000 years

    The Blue Planet wasn't always that way

    Science
  • 19 hours ago

    Warning issued to everyone who vapes following new study that uncovered shocking truth about addiction levels

    Vapes could be more addictive than we thought

    Science