Former heavyweight boxing champion Mike Tyson is facing a $1.5 million lawsuit from Cyprus-based company Medier, which claims he unlawfully terminated a promotional contract to participate in a high-profile fight against influencer Jake Paul.
The lawsuit, filed in London’s High Court, alleges that Tyson and his company, Tyrannic, breached a January agreement with Medier, which promotes betting company Rabona. According to the filing, Tyson abruptly ended the contract in March, accusing Medier of failing to uphold their obligations.
However, Medier contends the real reason for Tyson’s termination was his agreement to a lucrative, Netflix-sponsored fight with Jake Paul. The company is seeking the return of over $800,000 in fees paid to Tyson, along with $729,000 in costs associated with wasted production and promotional efforts.
“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,” the lawsuit states.
Tyson, 58, reportedly earned $20 million for the fight against 27-year-old Paul, which drew more than 70,000 fans to the Dallas Cowboys’ NFL stadium and was streamed live on Netflix. The bout ended with Paul securing a unanimous decision victory after eight rounds.
Tyson’s legal team has dismissed Medier’s claims, arguing that the company breached their agreement by failing to secure Tyson’s approval of promotional materials, a key requirement of the contract.
The case has drawn widespread attention, given the high-profile nature of the parties involved and the continuing crossover between traditional boxing and influencer-driven events. As legal proceedings unfold, the boxing world watches closely for the outcome of this multimillion-dollar dispute.