The development company MVP reported this Monday that the fight between Mike Tyson and Jake Paul will be professional and not exhibition as was initially believed when it was announced.
MVP indicated that the fight will be officially sanctioned as a professional fight by the Texas Department of Licensing and Regulation, which oversees combat sports in the state.
The fight is scheduled for July 20 at the AT&T in Arlington, Texas, home of the Cowboys in the NFL, and will be broadcast live on Netflix.
The fight, however, will be eight rounds with a duration of two minutes per round.
Paul, 27, is 9-1 and Tyson, 57, is 50-6 with 44 knockouts.
Tyson’s last official fight was in 2005 when he lost to Kevin McBride.
“Mike Tyson wanted it to be a professional fight. Netflix wanted it to be professional, so I agreed to make it a professional fight. “Winner takes all,” Paul reacted.
While the former world heavyweight champion wrote on his social networks: “Yes, it is a real sanctioned fight. “I wasn’t kidding when I said it would be a real fight.”.
On that same card, Puerto Rican Amanda Serrano will face Katie Taylor for the second time. Taylor won the first meeting in New York by decision.