Legendary boxer Mike Tyson broke records when he made his long-awaited return to the ring to fight Jake Paul last month.
But one company claims he did something else, leading to a major lawsuit in London's High Court on Monday.
Tyson and his company, Tyranic, are being sued for more than $1.5 million by Medier, which promotes the gambling company LaBona, alleging that the company was unfairly terminated from its advertising contract in March.
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Mike Tyson and Jake Paul exchange punches during a match on November 15, 2024. (Teyfan Coskun/Anadolu via Getty Images)
In the lawsuit, Tyson claimed that Medier violated the contract he signed in January. However, the company is currently denying that.
“The real reason for the hasty and illegal termination of Mr. Tyson and Mr. Tyranic was that Mr. Tyson consented.” [to] “This is a Netflix-sponsored deal to take on influencer Jake Paul,” the lawsuit states.
Jake Paul jokes his next opponent will be a 392-year-old Shark
Tyson's lawyers argued that Medier breached the contract by failing to obtain Tyson's approval for promotional materials.
Mike Tyson punches Jake Paul during a heavyweight boxing match on November 15, 2024 in Arlington, Texas. (AP Photo/Julio Cortez)
According to the lawsuit, Medier is seeking restitution of more than $800,000 in fees paid to Tyson for “services not rendered” and $729,000 in “wasted production and advertising costs.”
Tyson reportedly received $20 million for his fight with Paul, although he lost the sanctioned fight that set a record for professional boxing.
In addition to the millions who watched on Netflix, more than 72,000 fans attended the game at AT&T Stadium in Dallas.
mike tyson (Cooper Neal/Getty Images/File for Netflix)
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More than 108 million viewers watched the event, making it the most streamed sporting event of all time, although it wasn't the best boxing match.
The Associated Press contributed to this report.
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