Mike Tyson being sued for allegedly breaking gambling promotion deal
This relates to Iron Mike’s recent Netflix bout against YouTuber Jake Paul.
Key points:
– The lawsuit claims Mike Tyson broke his contract on the same day his fight with Jake Paul was announced
– The former professional boxer’s team claim Medier had breached the terms of their agreement on more than one occasion
According to numerous reports, affiliate Medier has filed a lawsuit against former professional boxer Mike Tyson and his company Tyrannic.
Reports state that Tyson is being sued for nearly €1.5m ($1.59m) as he allegedly broke a deal to promote a gambling company after he agreed to a contract in January this year.
It is claimed Tyson broke this contract in March on the same day his fight with YouTuber Jake Paul was announced, which as a result, cost Medier a substantial amount of money, with the company citing the fight as the reason Tyson broke the promotional agreement.
However, on the other side of the argument, Tyson’s representatives claim Medier breached the terms of their agreement with the boxer on “multiple occasions,” and that it was well within its rights to terminate the agreement.
Good to know: In early February, it was revealed that Mike Tyson would represent Rabona, which Medier promotes, as a brand ambassador
The fight that took place in November drew huge audiences on Netflix, being watched by 65 million households at its peak and as a result saw records broken for sportsbooks.
Entain reported that the fight saw the highest number of bets and total amount staked in its history for a combat event across its BetMGM, Coral and Ladbrokes brands, while in the US the likes of BetMGM and DraftKings revealed record betting figures for the fight.
And, exclusive to Gambling Insider, we saw similar figures from sports betting supplier Betby.
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