Crashing back into the headlines with his November 2024 fight against Jake Paul, “Iron Mike” Tyson inked a deal in early 2024 with Rabona Casino that’s swelling his seven-figure fortune. Now he’s turning that epic bout into even more cash. This breakdown offers the dates, names and numbers behind his resurgence—a major comeback for a heavyweight once written off.
Mike Tyson’s boxing career and life have unfolded like a Hollywood blockbuster. His knockouts were brutal to witness, while tabloids dissected his every move at checkout stands across America. Then there’s the infamous moment he bit Evander Holyfield’s ear during their 1997 fight—a bizarre incident etched in history. Add pet tigers to the mix, and Tyson remains a walking headline. Back in the ’90s, he ruled as the undisputed champ, raking in millions only to blow it fast on cars and parties. It all crashed after a prison stint in 1992, with fights drying up and his money vanishing in 2003. For a while, he was a shadow, scraping by on odd jobs, and few expected him to climb back.
Yet here he is, right back in the spotlight. The $20 million from his fight with Jake Paul is just the start. You can see how he’s flipped the script, beginning with Rabona Casino in early 2024 and officially becoming their ambassador by February—a move that’s rapidly building his multi-million dollar net worth. It’s a wild card move for a man who was once broke, but he’s stacking wealth again after years on the sidelines.
How Tyson Landed the Rabona Spotlight
Rabona Casino, a major online betting company, signed Tyson in early 2024, making it official on February 6. The deal ties him to streams and branded promotions, mixing his boxing stories with their gaming platform. Imagine him recounting how he floored Berbick in 1986 or Tucker in 1987 while playing poker online. Rabona saw value in his name—a draw that persists even past his prime. You might wonder how casinos leverage stars like him: This comprehensive guide to online casinos breaks it down, covering bonuses and strategies that keep players engaged. Despite a rocky partnership, he’s still active with them, his gruff voice a fixture on their channels as the old fighter holds on.
Why pick a weathered champ? Rabona bet on his lingering appeal, a risky choice that could have flopped but didn’t. Sources say Tyson jumped at the chance, grinning wide and eager for a fresh stage. “Rabona stands out with its commitment to offering an adrenaline-packed gaming journey,” he said in a polished line likely scripted by execs. Then he added, “Just as I gave my all in the ring, I’m excited to bring that same intensity and spirit to the online gaming world”—a raw, classic Tyson touch. He teased it on Instagram, and it went live the next day. Rabona’s reach spans Europe and Asia, far from a minor player. They took a chance on a battered legend, and it’s keeping him relevant after those lean years.
What the Jake Paul Fight Meant for Tyson’s Comeback
On November 15, 2024, Tyson faced Jake Paul at AT&T Stadium in Arlington, Texas, drawing 70,000 fans who packed the stands and screamed his name despite his age. Netflix streamed it to over 60 million viewers, sealing it as their biggest fight broadcast ever—a hype storm nobody saw coming. Paul’s trash talk met Tyson’s smirks, turning it into a spectacle, win or lose. At 58, Tyson landed just 18 of 97 punches, while 27-year-old Paul connected on 78 of 278, winning by unanimous decision (80-72, 79-73, 79-73). Still, Tyson pocketed $20 million, a figure confirmed by TheStreet in January 2025, proving his pull endures even with rusty legs.
Rabona’s February 2024 PR Newswire release predicted he’d grab attention, and you’ll see they nailed it—the fight proved them right. Some dismissed it as hype over substance, but it soared beyond expectations despite Tyson’s struggles. After a $23 million debt pit in 2003, this payout must have felt like redemption. Rabona leaned in harder after the bout, riding the wave of his renewed fame. His Tyson 2.0 cannabis expo is set for May 17, 2025, at Mandalay Bay, with vendors scrambling to keep up. The Paul fight reignited his spark, and Rabona’s keeping it burning.
Tracking Tyson’s Net Worth Surge
As of spring 2025, Tyson’s wealth is striking. Forbes estimated $10 million before the Paul fight—small potatoes compared to now. TheStreet pegs it at $50 million, a leap driven by that $20 million purse. Tyson 2.0 cannabis hauled in $5 million in 2024 across 20 states and Canada, a brand that’s grown from a small start into shops nationwide as fans snap up his name. Rabona’s been contributing since early 2024 despite some turbulence, though exact numbers remain elusive. You’d be surprised how Statista’s 2023 data suggests celebrity deals can lift revenue by 15%, hinting Tyson might be earning $2-3 million annually, depending on turnout. It took off after the fight as word spread fast, keeping his wallet full—a knack for picking winners at play. He’s blending legacy with profit, and the cash is real.
Rabona’s Mike Varius put it this way: “We’re all about creating legendary experiences, and who better to represent us than a true legend himself?” It’s a canned line, but it sticks—Tyson’s growl still draws crowds. His cannabis venture shifts the narrative. “I’m not in this for the money; I’m in this for the legacy and the love of the plant,” he told Forbes in 2022. Sure, but $5 million from 50,000 units isn’t pocket change—he’s playing it cool while the money piles up. From dead broke in 2003 to this, Iron Mike’s resurgence is undeniable.
Why Casino Deals Like Rabona’s Define 2025 Trends
Tyson’s Rabona journey reflects 2025’s trend—casinos chasing star power, though not without complications. Reuters reported on December 6, 2024, that Medier, a Cyprus firm tied to Rabona, sued Tyson for $1.59 million, alleging he bailed on a January 2024 promo deal on March 11, the same day his Paul fight was announced, costing them €1.46 million. Tyson’s side claims Medier botched it first, leaving the deal alive but tangled—a messy dispute.
Elsewhere, star bets pay off—BetMGM’s Paul-Tyson pool reached $10 million, per Casino.org, proving names move money. Catch it on YouTube—Netflix’s highlights still entertain, even if Tyson’s past his prime. Contrast this with his 2015 Madonna “Iconic” rap, a Mussolini-inspired flop per Gigwise, and Rabona’s choice looks savvy—sticking to his grit keeps him rolling, lawsuit aside.
Wrap-Up
Tyson’s Rabona deal is fueling his $10 million-plus comeback—a wild turnaround. The 60-million-stream Paul fight last November delivered $20 million, and Rabona’s kept him relevant despite the turbulence. At 58, this ex-champ shouldn’t still command this kind of attention, but he does—broke days are history, replaced by serious cash. You’ll want to watch what’s next—more fights, new ventures? With Tyson, it’s always a surprise waiting to unfold.
