Mike was always so good with money…
During his time at the top in the 80s and 90s, Mike Tyson got a reputation for wild paydays and even wilder spending habits. While we’re sure his wife Kiki is keeping an eye on the books these days, it doesn’t mean Tyson isn’t still enjoying the finer things in life.
Tyson recently made an impressive $20 million payday to box Jake Paul in a fight that Netflix declared was the most streamed sporting event in history. That’s a pretty solid fight purse for a 58 year old man, although it didn’t come close to the career high $100 million he made to fight Lennox Lewis in 2002.
But in today’s world full of ultra-rich, $20 million won’t last long. According to Tyson real estate representative Joseph Jonathan Schneider, Tyson just spent $13 million on a Florida home in the extremely affluent Tierra del Rey Estates neighborhood.
Basically the appeal to him is his daughter plays tennis, and she plays in Delray,” Realtor Matthew Maschler said on his podcast (via The Palm Bay Post). “So he wants to be able to fly in, go see his daughter’s tennis match, go back to his plane and fly to wherever he came from. Amazing, amazing that you can do this in Delray, just a little north of Boca Raton.”
The 2.7 acre lot includes a lake and ‘sprawling’ 12,286 square foot, six-bedroom and nine-bathroom mansion. This is quite the upgrade for “Iron Mike,” who has been living in a paltry $2.5 million mansion just outside of Las Vegas for the past few years — but nothing compared to a 50,000 square foot mega-mansion he sold to 50 Cent in 2001.
While the $20 million purse was undoubtedly pivotal in getting Tyson into his new Delray mansion, the boxing legend has been firing on all cylinders financially over the past several years. He clearly has the right people around him now maximizing the amount of money he can make off his brand.
He’ll be broke in two years and will have to put up the house for sale just to pay for food.
Good for him, shitty start to life, became world champ. Did some time for some bad shit and now he worked and got paid.
Wanted him to KO Jake Paul but that was wishful thinking, hopefully next time.
Just in time for the rematch!
My favorite Tyson moment was on live TV, probably ESPN or Fox, where he was being interviewed when he was at ringside for fights. The announcer asked him how he was doing, and he went on this long story about how “certain people” took care of him, and that men will walk up to him at grocery stores and hand him paper bags full of money randomly.
There was an awkward silence from the announcer after that.
Nobody ever called Tyson smart.
its probaby 100% of his aftertax pay. buf as the article said, mikes crushing it these days. probably has plenty of money.
I actually have seen a lot of people claiming he’s smart. I think he may have a great knowledge of boxing but seems emotionally stunted & fragile & tends to make dumb decisions while getting taken advantage of easily.
I agree that he has an immense love and knowledge for boxing. But he didn’t have enough sense not to mention that the mob was giving him hundreds of thousands of dollars in under the table money…
Lol yeah, I’m not one who would argue he’s actually an intelligent guy. He seems unintelligent in quite a few ways.
He’ll probably be ok for a bit as he’s making a ton of cash through licensing deals and such with all sorts of cannabis related products and the Saudi’s giving him a gym in Riyadh
Good investment most likely
has a clothing line too now
Thats def not lol
BYLT clothing
u going saturday
Nah. Best seat is on my couch
i know , you aint wrong