Was The Jake Paul Fight Just a Cash Grab? A Look Into Mike Tyson's Financial Troubles [Yahoo! Finance]
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Source: Yahoo! Finance
Tyson had significant financial issues due to extravagant spending on luxuries, debts, and settlements, which led to him filing for bankruptcy in 2003 with $27 million in debt. He had to retire from professional boxing and make scarce appearances in the ring for lower pay. (Source: The New York Times) Tyson profited an estimated $20 million from the fight against Paul, which is significantly lower than his average earnings of $30 million per fight in the late 1990s. (Source: DraftKings Network and The New York Times) Tyson had an ulcer flareup in May, which led to the fight being postponed, and he revealed after the fight that he had eight blood transfusions, lost half his blood, and 25lbs in the hospital in June. (Source: Mike Tyson's post on X and Netflix docuseries) Mike Tyson's estimated net worth is $10 million, and he supports himself through television appearances, his own cannabis brand, and other assets retained since leaving boxing. (Source: Celebrity Net Worth) Eve
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