American rapper Drake has suffered a hefty loss of $355,000 following Jake Paul’s victory over boxing legend Mike Tyson.
The highly anticipated match took place at AT&T Stadium in Arlington, Texas, after a year of intense exchanges between the two fighters.
Despite Tyson’s iconic status, Paul emerged victorious with a unanimous decision, proving Drake’s faith in the former heavyweight champion misplaced. Known for his penchant for high-stakes sports betting, Drake placed a significant wager on Tyson, but this outcome continues what fans have dubbed the “Drake Curse,” where his chosen winners often face defeat in various sports, including UFC, soccer, and basketball.
The event drew an impressive crowd of 65,000 spectators and was one of the biggest pay-per-view spectacles in recent history, with some VIP tickets reportedly costing up to $2 million. While the exact prize money figures remain undisclosed, it is believed that the fight’s winner could walk away with tens of millions of dollars.
Paul had openly stated his goal to earn $40 million and knock out a “legend,” positioning himself for a substantial payday. Meanwhile, Tyson, rumored to have a purse of $20 million, is estimated to be worth around $10 million, according to Celebrity Net Worth. Jake Paul, who transitioned from YouTube to boxing, is valued at approximately $80 million.
Despite the high financial stakes, both fighters have emphasized that their primary motivation isn’t just money, focusing instead on the legacy and significance of the match.
