Boxing legend Mike Tyson is facing a $1.5 million lawsuit from Medier, a company promoting the betting platform Rabona, after allegedly breaching a promotional agreement.

The legal action was filed on Monday in London’s High Court, following Tyson’s highly anticipated return to the ring against influencer-turned-boxer Jake Paul last month.

Nov 15, 2024; Arlington, Texas, UNITED STATES; Mike Tyson (black gloves) fights Jake Paul (silver gloves) at AT&T Stadium. Mandatory Credit: Kevin Jairaj-Imagn Images

Medier claims Tyson and his company, Tyrannic, unlawfully terminated their agreement in March, which had been signed in January.

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The company disputes Tyson’s allegation that they violated the contract, asserting that the real reason for the termination was Tyson’s new deal with Netflix to promote his fight with Paul.

“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,” the lawsuit states.

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Tyson’s legal team, however, has countered Medier’s claims, stating that the company breached their contract by failing to obtain Tyson’s approval for promotional materials.

In the lawsuit, Medier is seeking over $800,000 in fees paid to Tyson for what they allege were unfulfilled promotional services.

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The company is also demanding $729,000 in “wasted production and promotion costs.” Medier argues that these expenses were rendered futile due to the termination of the agreement.

The dispute comes on the heels of Tyson’s blockbuster return to professional boxing, where he fought Jake Paul at AT&T Stadium in Dallas.

Nov 15, 2024; Arlington, Texas, UNITED STATES; Mike Tyson (black gloves) fights Jake Paul (silver gloves) at AT&T Stadium. Mandatory Credit: Kevin Jairaj-Imagn Images

Although Tyson lost the bout, which was added to his professional record, the event was a financial success. Reports indicate Tyson earned $20 million for the fight.

The Tyson-Paul fight attracted more than 72,000 fans to the stadium and became a streaming sensation, drawing over 108 million viewers on Netflix.

This made it the most-streamed sporting event in history.

Despite criticism that the match fell short of boxing excellence, the event’s massive viewership and commercial success cemented its place in sports history.

The outcome of the lawsuit remains uncertain as Tyson and Medier prepare for what could be a prolonged legal battle.

Neither party has commented publicly beyond their filings in court.

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