Boxing legend Mike Tyson has received a lawsuit worth more than $1.5 million from a Cypriot company that claims the former heavyweight boxing champion wrongfully terminated his promotional contract to fight Jake Paul. This is reported by UNN with reference to AP.
Medier, which promotes the Rabona bookmaker, has filed a lawsuit in the High Court of London against Tyson and his company Tyrannic.
The lawsuit alleges that Tyson terminated the agreement in March, claiming that Medier violated their agreement, which was signed in January.
"The real reason for Mr. Tyson and Tyrannic's hasty and illegal termination of the contract was that Mr. Tyson entered into a Netflix - sponsored deal to fight influential man Jake Paul," the lawsuit says.
Medier is demanding a refund of more than.800,000 of the fee paid to Tyson, "in exchange for which no services were provided," and 7 729,000 of "useless production and promotion costs," the lawsuit says.
Tyson, 58, earned.20 million from a fight with Paul, 27, that took place last month in front of more than 70,000 fans at Dallas Cowboys stadium. Paul won by unanimous decision in eight rounds. The fight was broadcast live on Netflix.
Tyson's lawyers allege that Medier violated the contract by not getting Tyson's approval for the promotional materials.
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