Mike Tyson vs. Jake Paul ticket sales significantly below expectations
According to records obtained by YSL News Sports, less than 60,000 tickets were sold for the fight between Mike Tyson and Jake Paul, which took place last month at AT&T Stadium in Arlington, Texas.
The documents reveal that approximately 6,500 tickets were given away, highlighting that the live-streamed event on Netflix, which occurred on November 15, did not meet ticket sales expectations.
Jake Paul repeatedly claimed that the fight would attract 90,000 fans to the venue, which is the home of the Dallas Cowboys and has a seating capacity of 80,000, requiring the sale of an additional 10,000 standing-room-only tickets.
However, the actual sales recorded were 59,666 tickets, with 6,437 tickets provided for free, totaling 66,103 tickets distributed, as reported by Holden Boxing LLC, the fight’s promoter.
Holden Boxing collaborated with Most Valuable Promotions (MVP), co-founded by Paul, and worked alongside Netflix on this bout. Netflix stated that the fight became the most-streamed sporting event in history, with a peak of 65 million concurrent streams.
The total revenue from ticket sales amounted to $18.1 million, making it the highest-grossing boxing event in the U.S. outside of Nevada, as per MVP’s statement.
Including the free tickets, the overall revenue that was liable for state tax reached $22 million, which included $3.6 million from the tickets that were given away.
Texas imposes a 3 percent tax on gross receipts from ticket sales for combat sporting events, resulting in a tax liability of approximately $650,000, as noted in the tax report.