Mike Tyson Sued After Terminating Deal Before Jake Paul Fight

The parent company of a betting company has filed a lawsuit against former heavyweight boxing champion Mike Tyson saying he terminated an agreement signed earlier this year.

According to The Associated Press, Medier, which promotes the betting company Rabona, filed the legal paperwork on Dec. 9 in London’s High Court. They filed the suit against Tyson and his company, Tyrannic claiming that they inked a deal in January but Tyson terminated the promotional agreement in March.

They are suing for $1.5 million.

“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,” it says in the lawsuit. The company is requesting that the boxer return more than $800,000 in fees that were paid to Tyson “in return for which no services were provided” and $729,000 in “wasted production and promotion costs,” according to the filing.

In opposition, Tyson’s attorneys say that Medier breached the contract by failing to obtain Tyson’s approval of promotional materials.

The hype surrounding the fight between Tyson and Paul led to disappointment from boxing enthusiasts and the viewing audience. The 58-year-old Tyson lost a unanimous decision to the 27-year-old Paul on Friday, Nov. 15. With the lackluster affair and connectivity issues while Netflix was streaming the bout, millions of viewers complained about buffering issues with some not being able to enjoy the fight in its entirety.

This led to a Florida resident, Ronald “Blue” Denton suing the streaming giant for $50 million, based on a report from TMZ. The viewer is suing the company for breach of contract, among other things.

The New York Post reported that Denton wrote, “60 million Americans were hyped to see ‘Iron’ Mike Tyson, ‘The Baddest Man on the Planet’ versus YouTuber-turner-prizefighter Jake Paul. What they saw was ‘The Baddest Streaming on Planet.’”