Canadian rapper Drake has suffered a significant loss of $355,000 following Jake Paul’s surprising victory over boxing legend Mike Tyson in their highly anticipated match at AT&T Stadium in Arlington, Texas.
The fight, which had been building for over a year through intense public exchanges between the two fighters, saw Paul emerge victorious with a unanimous decision, despite Tyson’s iconic status in the boxing world.
The result proved to be a major disappointment for Drake, who had placed a large bet on Tyson to win. This loss continued the notorious trend of what fans refer to as the “Drake Curse,” where the rapper’s high-profile sports wagers often end in defeat.
Mike Tyson and Jake Pauk in the Boxing ring
Drake is known for making bold, high-stakes bets on various sports, and his chosen winners frequently suffer losses. From UFC fights to basketball and soccer matches, his sports betting track record has earned him a reputation for jinxing the athletes or teams he supports.
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The event itself was one of the most significant pay-per-view spectacles in recent memory, attracting 65,000 spectators to the stadium. Some VIP tickets were priced at a staggering $2 million, making it not just a major sports event but a luxury spectacle.
While the exact prize money for the fighters remains undisclosed, it’s believed that Paul will walk away with a substantial payout, especially after openly declaring his goal of earning $40 million and knocking out a “legend” like Tyson. Tyson’s rumored purse is said to be around $20 million, while Paul, a YouTuber turned boxer, is valued at approximately $80 million.
Despite the high financial stakes, both fighters have emphasized that money wasn’t their primary motivation for the fight, with each focusing more on their legacies and achieving personal goals. Nonetheless, the financial rewards are a significant part of the spectacle, and Paul’s victory promises to be lucrative.
