[BOXING] Logan Paul vs Mike Tyson

[South Park]

I think the highlighted text is mainly that Mike Tyson, despite being very rich, went bankrupt in 2003 because of his luxury life. Fortunately, he managed to get out of all the financial problems and is again a wealthy man. However, he still has a soft spot for spending money on stupid things. It is obvious that when the opportunity to make such easy money comes, Mike will not miss it, and I am sure that this fight will take place. It is possible that he is simply trying to negotiate more money.

This happens to a great deal of athletes as they get used to earn and spend a lot of money and suddenly when their careers end they do not have the same earning power but keep spending money in the same way, so despite all the money they earned they eventually go bankrupt, there is a great documentary about this on the 30 for 30 series produced by ESPN, it is called Broke and anyone interested in the topic should watch it as it reveals how many athletes fall into that trap.

Not all but there are athletes who do really fall into that situation but some of them had been wise on where they do spend their money and made out investments and to those
who havent done such thing will definitely goes bankrupt if they havent changed up their lifestyle despite of that earning opportunity changes.
Tyson isnt broke but he does have some history about these issues but it isnt the reason that he would fight for an exhibition match for the
sake of money.

Obviously it does not happen to everyone but it happens to a great deal of players, for example on the NFL the average length of a player's career is something like 4 or 5 years, so even if they are paid good money for their services this means that at some point they need to find another way to earn a living, and it is incredibly difficult to believe they are going to find another job that pays so well, so the majority of the players end up broke at some point during their lives.

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[eaLiTy]

~
Obviously it does not happen to everyone but it happens to a great deal of players, for example on the NFL the average length of a player's career is something like 4 or 5 years, so even if they are paid good money for their services this means that at some point they need to find another way to earn a living, and it is incredibly difficult to believe they are going to find another job that pays so well, so the majority of the players end up broke at some point during their lives.

Obviously this is a sad part for majority of the sportsman, if they are not smart to invest in something that could earn them a living during their prime playing time then they will suffer when their career ends, once they reach the level of luxury it will be hard for them to live a normal life and usually their wealth runs out faster than they think and ends up filing for bankruptcy.

[Fundamentals Of]

I don't see a fight happening between Mike Tyson, until that's sorted. Mike Tyson has been on Logan's podcast so he knows the sort of people these guys are, and if there was any truth in this possibly happening, Mike is definitely only doing it for the money. I imagine several boxers have advised Mike to not do it for boxing sake, as well as his legacy. Logan will likely get another big name though in his career.

I hope the legendary Tyson won't take the bait.

But for sure both Logan Paul and Jake Paul will probably get another big name from either MMA or boxing. It is all about the money. There are definitely previous stars and even champions like Tyron Woodley, Ben Askren, etc who are willing to look like clowns defeated by these Youtubers for the sake of money. They're probably not broke but they could not receive the same paycheck offer anymore because they're already gone from the scene. So they're probably looking at these offers as opportunities.

According to what circulated in several media, Mike Tyson is no longer interested in returning to the ring, I think Mike Tyson is now more interested in other businesses, Mike Tyson prefers to do marijuana business, because according to him, the marijuana business is now more profitable than he should return to the ring. , because of the age factor that causes him not to want to return to the ring, maybe the fight between Logan Paul vs Mike Tyson is just to have fun in the ring, not to look for coffers of money, because many offers have come to return to the ring, but until now none of that has been confirmed by Mike Tyson..

Mike Tyson never really wanted this fight in the first place. This potential bout was probably being floated only by the camp of Logan Paul for publicity and hype. But Mike Tyson never gave his commitment to this match. In fact, he even denied that he is interested in this fight. He never had any plan to actually climb the ring and face the much younger Youtuber. Although he still has a strong physique even at his age right now, he definitely knows he isn't anymore as strong.

[ipanks]

snip

snip

It will only happen to sportsmen who cannot wisely manage their income from sports, so they spend it just for fun. If they could have a long-term plan for what they would do after they retire, they wouldn't go bankrupt but they might have a source of income in other businesses. A famous sportsman can earn a very large income throughout their career and it makes them have to be good at managing it so that the money will not just run out. They don't need to live a luxurious life like other people because it is their life and they already have their own choices.

[Ludmilla_rose1995]

Mike Tyson never really wanted this fight in the first place. This potential bout was probably being floated only by the camp of Logan Paul for publicity and hype. But Mike Tyson never gave his commitment to this match. In fact, he even denied that he is interested in this fight. He never had any plan to actually climb the ring and face the much younger Youtuber. Although he still has a strong physique even at his age right now, he definitely knows he isn't anymore as strong.

all boxing matches require conditions and, it can't be arbitrary, how can someone who differs in the age of decades, fight in the ring. mike tyson is an astute man, accepting this challenge will only sink his popularity, much wiser not to accept that challenge.

[Shamm]

~
Obviously it does not happen to everyone but it happens to a great deal of players, for example on the NFL the average length of a player's career is something like 4 or 5 years, so even if they are paid good money for their services this means that at some point they need to find another way to earn a living, and it is incredibly difficult to believe they are going to find another job that pays so well, so the majority of the players end up broke at some point during their lives.

Obviously this is a sad part for majority of the sportsman, if they are not smart to invest in something that could earn them a living during their prime playing time then they will suffer when their career ends, once they reach the level of luxury it will be hard for them to live a normal life and usually, their wealth runs out faster than they think and ends up filing for bankruptcy.

This is the mindset of another sportsman if when they are in their price years or time they spent their money for their wants and not investing this mindset is not good cause every tomorrow, we can not predict what happens for example if you are in the prime year's/time spending your money in useless wants, and the time has come your career will end and you have a little amount of money and day by day you will spent it in your needs, for sure you will get into bankruptcy. So choose wisely and be practical.

[mrongoz_imut]

~
Obviously it does not happen to everyone but it happens to a great deal of players, for example on the NFL the average length of a player's career is something like 4 or 5 years, so even if they are paid good money for their services this means that at some point they need to find another way to earn a living, and it is incredibly difficult to believe they are going to find another job that pays so well, so the majority of the players end up broke at some point during their lives.

Obviously this is a sad part for majority of the sportsman, if they are not smart to invest in something that could earn them a living during their prime playing time then they will suffer when their career ends, once they reach the level of luxury it will be hard for them to live a normal life and usually, their wealth runs out faster than they think and ends up filing for bankruptcy.

This is the mindset of another sportsman if when they are in their price years or time they spent their money for their wants and not investing this mindset is not good cause every tomorrow, we can not predict what happens for example if you are in the prime year's/time spending your money in useless wants, and the time has come your career will end and you have a little amount of money and day by day you will spent it in your needs, for sure you will get into bankruptcy. So choose wisely and be practical.

They will think about how much money pay by sponsorship for begin games and not matter how long have quit from arena, I see with all boxing player have been quit almost one or two years and return back to arena because get higher attention and much payment for reschedule match, from Manny Pacquiao match between Miguel Cotto where both player have long time quit from arena and back again with higher money pay by sponsorship.

[Oasisman]

I see with all boxing player have been quit almost one or two years and return back to arena because get higher attention and much payment for reschedule match, from Manny Pacquiao match between Miguel Cotto where both player have long time quit from arena and back again with higher money pay by sponsorship.

I don't know what you're talking about but during the Pacquiao-Cotto fight both fighters have no yet retired once.
Infact Pacquiao was at his prime during those time continuing to destroy every opponent he faced.
And most of those who came back to the ring aren't back to fight for a professional matches, they fight for exhibition matches just like this one.
Well, that's obviously because it will earn them extra money and it's not even a professional fight.

[Taskford]

~
Obviously it does not happen to everyone but it happens to a great deal of players, for example on the NFL the average length of a player's career is something like 4 or 5 years, so even if they are paid good money for their services this means that at some point they need to find another way to earn a living, and it is incredibly difficult to believe they are going to find another job that pays so well, so the majority of the players end up broke at some point during their lives.

Obviously this is a sad part for majority of the sportsman, if they are not smart to invest in something that could earn them a living during their prime playing time then they will suffer when their career ends, once they reach the level of luxury it will be hard for them to live a normal life and usually, their wealth runs out faster than they think and ends up filing for bankruptcy.

This is the mindset of another sportsman if when they are in their price years or time they spent their money for their wants and not investing this mindset is not good cause every tomorrow, we can not predict what happens for example if you are in the prime year's/time spending your money in useless wants, and the time has come your career will end and you have a little amount of money and day by day you will spent it in your needs, for sure you will get into bankruptcy. So choose wisely and be practical.

They will think about how much money pay by sponsorship for begin games and not matter how long have quit from arena, I see with all boxing player have been quit almost one or two years and return back to arena because get higher attention and much payment for reschedule match, from Manny Pacquiao match between Miguel Cotto where both player have long time quit from arena and back again with higher money pay by sponsorship.

The huge money they can take home from that fight is what can make them think about coming back from retirement and if there's a huge money will be offered to them to make this fight happen then for provably they can seal this deal on. Imagine they cannot take this money again since they know that this is huge opportunity given already to them.

[Shamm]

~
Obviously it does not happen to everyone but it happens to a great deal of players, for example on the NFL the average length of a player's career is something like 4 or 5 years, so even if they are paid good money for their services this means that at some point they need to find another way to earn a living, and it is incredibly difficult to believe they are going to find another job that pays so well, so the majority of the players end up broke at some point during their lives.

Obviously this is a sad part for majority of the sportsman, if they are not smart to invest in something that could earn them a living during their prime playing time then they will suffer when their career ends, once they reach the level of luxury it will be hard for them to live a normal life and usually, their wealth runs out faster than they think and ends up filing for bankruptcy.

This is the mindset of another sportsman if when they are in their price years or time they spent their money for their wants and not investing this mindset is not good cause every tomorrow, we can not predict what happens for example if you are in the prime year's/time spending your money in useless wants, and the time has come your career will end and you have a little amount of money and day by day you will spent it in your needs, for sure you will get into bankruptcy. So choose wisely and be practical.

They will think about how much money pay by sponsorship for begin games and not matter how long have quit from arena, I see with all boxing player have been quit almost one or two years and return back to arena because get higher attention and much payment for reschedule match, from Manny Pacquiao match between Miguel Cotto where both players have long time quit from the arena and back again with higher money pay by sponsorship.

Yes you are right that mate every single fight in the arena is a big fight and a big prizes also even the fighter will loss in the match there's a big chances to win a big amount of money.
But if the player did not handle with care in their money and spent it their wants for sure they will regret it in the future cause what I said above if they do not handle carefully for sure they will go to bankruptcy.

[Fatunad]

~
Obviously it does not happen to everyone but it happens to a great deal of players, for example on the NFL the average length of a player's career is something like 4 or 5 years, so even if they are paid good money for their services this means that at some point they need to find another way to earn a living, and it is incredibly difficult to believe they are going to find another job that pays so well, so the majority of the players end up broke at some point during their lives.

Obviously this is a sad part for majority of the sportsman, if they are not smart to invest in something that could earn them a living during their prime playing time then they will suffer when their career ends, once they reach the level of luxury it will be hard for them to live a normal life and usually, their wealth runs out faster than they think and ends up filing for bankruptcy.

This is the mindset of another sportsman if when they are in their price years or time they spent their money for their wants and not investing this mindset is not good cause every tomorrow, we can not predict what happens for example if you are in the prime year's/time spending your money in useless wants, and the time has come your career will end and you have a little amount of money and day by day you will spent it in your needs, for sure you will get into bankruptcy. So choose wisely and be practical.

They will think about how much money pay by sponsorship for begin games and not matter how long have quit from arena, I see with all boxing player have been quit almost one or two years and return back to arena because get higher attention and much payment for reschedule match, from Manny Pacquiao match between Miguel Cotto where both players have long time quit from the arena and back again with higher money pay by sponsorship.

Yes you are right that mate every single fight in the arena is a big fight and a big prizes also even the fighter will loss in the match there's a big chances to win a big amount of money.
But if the player did not handle with care in their money and spent it their wants for sure they will regret it in the future cause what I said above if they do not handle carefully for sure they will go to bankruptcy.

There are exemptions on getting bankrupt which whoever you are as long you arent wise on spending on your money then sooner or later you would really be wrekt up.
We know that each fight could really generate out income on both fighters whether they do win or lose but we know that winning does really get the bigger pot which
fighters/athletes would really be doing their best on getting that spot.Speaking about of on how they would use their money then its none of our business since they are
the ones who do earn it, it is  really just sad on seeing that there are people who doesnt mind much in regard on spending.

[blockman]

~
Obviously it does not happen to everyone but it happens to a great deal of players, for example on the NFL the average length of a player's career is something like 4 or 5 years, so even if they are paid good money for their services this means that at some point they need to find another way to earn a living, and it is incredibly difficult to believe they are going to find another job that pays so well, so the majority of the players end up broke at some point during their lives.

Obviously this is a sad part for majority of the sportsman, if they are not smart to invest in something that could earn them a living during their prime playing time then they will suffer when their career ends, once they reach the level of luxury it will be hard for them to live a normal life and usually their wealth runs out faster than they think and ends up filing for bankruptcy.

That's true, living the luxury life and then going bankrupt because of not being wise. It's easy to have that feeling from rags to riches than riches to rags. The adjustment is difficult on that part because you'll have no longer access to the luxurious way of living. Well, it's becoming a thing now if the topic is about Tyson because of his past. But regardless of that, the man has been able to do that. And hopefully, for most of the sports associations, if they're seeing an athlete that's soaring on their career, they should teach them basic financial education. Because it's likely that they really are hardworking as an athlete yet they lack financial knowledge that will be vital for their future even if they run into a successful career.

[terrorJR]

They will think about how much money pay by sponsorship for begin games and not matter how long have quit from arena, I see with all boxing player have been quit almost one or two years and return back to arena because get higher attention and much payment for reschedule match, from Manny Pacquiao match between Miguel Cotto where both players have long time quit from the arena and back again with higher money pay by sponsorship.

Yes you are right that mate every single fight in the arena is a big fight and a big prizes also even the fighter will loss in the match there's a big chances to win a big amount of money.
But if the player did not handle with care in their money and spent it their wants for sure they will regret it in the future cause what I said above if they do not handle carefully for sure they will go to bankruptcy.

This is dependent on the financial management of the athletes themselves. In fact, there have been many examples where they suffered from bankruptcy in their old age and one of them was Myke Tyson himself.
I think there are some things that need attention from some fighters and athletes because indeed the glamorous life they lead can sometimes affect their old age.

[eaLiTy]

~
That's true, living the luxury life and then going bankrupt because of not being wise. It's easy to have that feeling from rags to riches than riches to rags. The adjustment is difficult on that part because you'll have no longer access to the luxurious way of living. Well, it's becoming a thing now if the topic is about Tyson because of his past. But regardless of that, the man has been able to do that. And hopefully, for most of the sports associations, if they're seeing an athlete that's soaring on their career, they should teach them basic financial education. Because it's likely that they really are hardworking as an athlete yet they lack financial knowledge that will be vital for their future even if they run into a successful career.

One of the major reasons is rags to riches and they wanted to enjoy everything that they lost growing up and they spend more money on that aspect to live a luxurious life rather than looking ahead. I have heard stories about Mike Tyson during his prime, when he meets ladies in bar he would take them to luxurious showrooms and ask them to select exotic cars as gifts, he lived a life of luxury and then had to file for bankruptcy. Similar stories can be heard about Andy Ruiz Jr after winning the fight against Anthony Joshua he spent most of his money purchasing exotic cars.

Associations will not help the athlete and will not help them in any way. The individual has to take steps on how to deal with fame and fortune much before he gets to that place and only that can help them.

[blockman]

~
That's true, living the luxury life and then going bankrupt because of not being wise. It's easy to have that feeling from rags to riches than riches to rags. The adjustment is difficult on that part because you'll have no longer access to the luxurious way of living. Well, it's becoming a thing now if the topic is about Tyson because of his past. But regardless of that, the man has been able to do that. And hopefully, for most of the sports associations, if they're seeing an athlete that's soaring on their career, they should teach them basic financial education. Because it's likely that they really are hardworking as an athlete yet they lack financial knowledge that will be vital for their future even if they run into a successful career.

One of the major reasons is rags to riches and they wanted to enjoy everything that they lost growing up and they spend more money on that aspect to live a luxurious life rather than looking ahead. I have heard stories about Mike Tyson during his prime, when he meets ladies in bar he would take them to luxurious showrooms and ask them to select exotic cars as gifts, he lived a life of luxury and then had to file for bankruptcy. Similar stories can be heard about Andy Ruiz Jr after winning the fight against Anthony Joshua he spent most of his money purchasing exotic cars.

Associations will not help the athlete and will not help them in any way. The individual has to take steps on how to deal with fame and fortune much before he gets to that place and only that can help them.

I have just thought of that if the associations that are assigned for specific sports have been seeing a career fly high for their athlete, they can teach them how to be wise in handling finances. But yeah, that's a personal struggle and learning for those athletes.
And those that have learned the hard way, maybe they can advocate themselves and help their co-athletes as they're one in the industry and to avoid the mistakes that they've done in the past.

[Erdogan]

This is dependent on the financial management of the athletes themselves. In fact, there have been many examples where they suffered from bankruptcy in their old age and one of them was Myke Tyson himself.
I think there are some things that need attention from some fighters and athletes because indeed the glamorous life they lead can sometimes affect their old age.

Mike Tyson filed for bankruptcy in 2003. Since then, he has become a millionaire again. It is true that he was famous for his taste for a very luxurious life, but it seems that all this is long behind him.
It does not change the fact that such a fight would be very profitable for him. I doubt that even the richest athlete would want to give up such large and easy money for some stupid reason.

[goinmerry]

This is dependent on the financial management of the athletes themselves. In fact, there have been many examples where they suffered from bankruptcy in their old age and one of them was Myke Tyson himself.
I think there are some things that need attention from some fighters and athletes because indeed the glamorous life they lead can sometimes affect their old age.

Mike Tyson filed for bankruptcy in 2003. Since then, he has become a millionaire again. It is true that he was famous for his taste for a very luxurious life, but it seems that all this is long behind him.
It does not change the fact that such a fight would be very profitable for him. I doubt that even the richest athlete would want to give up such large and easy money for some stupid reason.

Money plays a role for this fight to happen but in the case of Mike Tyson declining the chance of this fight to happen, it's clear he is not after just the money.

We don't know the real reason why this fight failed to be officialized so it's safe to assume that we won't see this fight anymore.

[agustina2]

With the popularity of Mike Tyson, he will just give Logan Paul easy money.

Maybe that's what he thinks and it seems unfair that the show will just make big money just because of him without Logan Paul's effort. Mike Tyson said that Logan Paul is willing to receive some big punches just for the exhibition match to happen.

I'm glad that this fight won't happen and Tyson did a good job for that not letting Logan Paul cover the losses he made when he bought a fake Pokemon card set.

[LUCKMCFLY]

I see with all boxing player have been quit almost one or two years and return back to arena because get higher attention and much payment for reschedule match, from Manny Pacquiao match between Miguel Cotto where both player have long time quit from arena and back again with higher money pay by sponsorship.

I don't know what you're talking about but during the Pacquiao-Cotto fight both fighters have no yet retired once.
Infact Pacquiao was at his prime during those time continuing to destroy every opponent he faced.
And most of those who came back to the ring aren't back to fight for a professional matches, they fight for exhibition matches just like this one.
Well, that's obviously because it will earn them extra money and it's not even a professional fight.

Well, maybe it refers to the time that after Pacquiao's fight with Myweather, he speculated if he was going to be a politician or if he was going to continue in boxing, in that time that he spent thinking about what he was going to do is when all those speculations began, obviously it is a providential time, but finally Pacquiao is not totally out of the sport, he is a boxer with a view to other directions, in this case politics, although seeing everything from another perspective it is probable that with everything that has happened from the problem of Russia and Ukraine things slow down more, especially the events worldwide.

[madnessteat]

~ I'm glad that this fight won't happen and Tyson did a good job for that not letting Logan Paul cover the losses he made when he bought a fake Pokemon card set.

I would have loved to have seen this fight even if it was an exhibition fight and I'm sorry for the media hype surrounding a fight that wasn't even planned by either Mike Tyson or Logan Paul. I hope Iron Mike gets in the ring again and makes his fans happy.