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Mike Tyson splurges almost entire £16m Jake Paul fight purse on new mansion that includes a WATERFALL and private lake


MIKE TYSON splashed almost his entire earnings from the controversial boxing bout against Jake Paul on a new mansion.

Tyson, 58, returned to the ring for a professional bout for the first time since his retirement in 2005 to lock horns with the much younger Paul, 27, in November.

Mike Tyson splashed almost all of his earnings from his bout with Jake PaulCredit: Getty
Tyson used the $20m (£16m) purse to buy a new mansion with his wife LakihaCredit: TNI Press
Tyson splashed $13m (£11m) for the lakefront spec mansion in Delray BeachCredit: TNI Press
Tyson’s swanky new pad will have its own private lakeCredit: Getty
Tyson and his wife will also have their own waterfallCredit: TNI Press

The YouTuber-turned-boxer defeated the legendary heavyweight via unanimous decision in a highly-criticised eight-round bout at the AT&T Stadium in Texas.

The bout attracted immense vierwership and profit thanks to the deal with Netflix, which streamed the live action.

It is not certain how much each fighter earned, but reports suggest Tyson left Arlington with $20million (£16m).

According to The Real Deal, Iron Mike splurged almost all of it on a new swanky pad.

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Tyson and his wife Lakiha bought a lakefront spec mansion in Delray Beach for $13m (£11m).

The couple will be moving in a 12,286-square-foot, six-bedroom and nine-bathroom mansion on El Caballo Court.

The 2.7-acre Florida property was recently completed and it includes an 80-foot pool and spa, covered terrace, a bass pond with a waterfall, a gym, four-car garage and a private lake.

The boxing star’s spokesperson Joseph Jonathan Schneider said: “This has been a successful transaction with all the parties demonstrating professionalism and collaboration.

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“The Tyson family has been a valued client and friend for many years, and it’s been a pleasure working with them.”

Tyson isn’t expected to return to the ring any time soon after his shock comeback.

‘That’s the last thing I remember’ – Mike Tyson, 58, worryingly can’t recall Jake Paul fight after ‘blanking out’

Paul received intense criticism as he’s only ever faced one active boxer in Tommy Fury, who beat him, and instead prefers to share the ring with overaged legends or non-boxers.

The six-bedroom and nine-bathroom mansion cost a pretty pennyCredit: TNI Press
The Florida property covers about 2.7 acresCredit: TNI Press
The property is situated on El Caballo CourtCredit: TNI Press
The mansion also includes a lot of luxurious featuresCredit: TNI Press
Tyson returned to the ring after his boxing retirement in 2005Credit: Getty
The controversial fight between Tyson and Paul was highly-crticisedCredit: Reuters


Source: Boxing - thesun.co.uk


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