Update 01/17/2022 10:37pm:

A potential megafight between the iconic Iron Mike Tyson and YouTube sensation turned pro-boxer Jake Paul may be a pipedream. After rumors surfaced that the two have agreed to a boxing match, Tyson responded to the rumors via Twitter saying, "This is new to me. I saw Jake in St. Barths and he never mentioned it." 

Original 01/17/2022 3:07pm:

Despite being criticized for his lack of in-ring competition against experienced boxers and opponents his age, 2021 was a big earning year for Jake Paul. According to Forbes magazine, the 25-year-old made an estimated $50 million from his boxing matches. He was even named the "Breakout Boxer of the Year" by Sports Illustrated.

In response to his naysayers, the Cleveland native scheduled a fight with Tommy Fury for late December of last year. This would have been his first fight against a professional boxer but the younger brother of Tyson Fury backed out of the highly anticipated boxing match, due to a medical condition.

Now, it looks Jake Paul has his sights set on another professional boxer. But this boxing legend hasn't had a professionally sanctioned fight in over 30 years. According to reports, Mike Tyson is in the advanced stage of agreeing to a mega-fight against Jake Paul. If agreed upon, the bout could be worth nearly $50 million and it is likely to take place in Las Vegas later this year.

"Mike and Jake are on board for an exhibition bout in Las Vegas," said a Vegas source and alleged business associate of Tyson. "A verbal deal has been struck to get it on, but like all forms of sports business, now it's all about the contracts and money split. Mike is looking for a certain figure to get into the ring with a profit share guarantee. Jake obviously has that on his mind but is keen to show the world that stepping into the ring with a man once called the baddest man on the planet, takes his boxing career to the next level. This fight bridges the gap between old school boxing fans and the new generation of followers."

This announcement comes about one month after the 55-year-old Mike Tyson was rumored to be interested in facing off against Jake Paul's older brother, Logan Paul, in a celebrity boxing match.

Keep it locked for more on this story.

Source: The Sun