The eagerly awaited one Boxing match between Jake Paul and Mike Tyson has already secured a spot within the record books.
The fight's promoter, Most Valuable Promotions, which Paul co-owns, told CNBC that it expects greater than 70,000 people to attend the Friday night fight at AT&T Stadium in Arlington, Texas. The Dallas Cowboys stadium has a seating capability of 80,000.
Entrance fees alone brought in revenue of $17.8 million, the organizer said.
This makes it the biggest boxing goal in history outside of Nevada. The previous record was $9 million in gate receipts for the fight between Canelo Álvarez and Billy Joe Saunders at AT&T Stadium in 2021.
MVP said the gate was also higher than any UFC fight outside of Las Vegas, except for Conor McGregor vs. Eddie Alvarez in New York City in 2016.
MVP co-founder Nakisa Bidarian told CNBC's “Closing Bell” that each Tyson and Paul will earn eight figures from this fight, and Taylor and Serrano will even earn record salaries in women's boxing.
The fight between Paul, a 27-year-old YouTube influencer turned boxer, and Tyson, a 58-year-old boxing legend, airs Friday at 8 p.m. ET on Netflix and is free for subscribers.
The event will even feature one of the crucial anticipated women's boxing rematches in history: undisputed super lightweight champion Katie Taylor versus unified featherweight champion Amanda Serrano.
Netflix has greater than 283 million paid memberships in greater than 190 countries. The fight will even be a test for the streamer because it moves deeper into sports and boxing bypasses the pay-per-view model.
“Numbers don’t lie,” Paul said at a news conference in regards to the fight on Wednesday. “People want to see this and this is an amazing achievement. … This is a statement that we had the largest live gate outside of Vegas in the history of U.S. boxing.”
Tickets for Friday's fight range from $58 to $1,500 on StubHub. MVP has also sold high-end packages including a $2 million VIP experience This comes with ringside seating. The promoting company says its 375 VIP seats are officially sold out.
For comparison, Vegas' biggest fight in history was between Floyd Mayweather Jr. and Manny Pacquiao in 2015. Accordingly, tickets price greater than $72 million were collected for this fight Las Vegas Review Journal.
image credit : www.cnbc.com
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