Video network app Triller is coming for Mike Tyson’s coins!
According to ClutchPoints, after the former heavyweight refused to work with the app for his next exhibition fight, the streaming platform may be seeing him in court.
When Tyson went up against Roy Jones, Jr., millions of dollars were allegedly spent on the former heavyweight, according to Triller CEO, Ryan Kavanaugh, who sent a letter detailing the spend. The CEO also claimed that the company had rights to a third fight against Evander Holyfield.
“Rather than drop the price or renegotiate the deal, we agreed to keep the economics the same with the understanding that the Holyfield fight would be the next fight, and we pre-agreed to the terms,” wrote Kavanaugh. “No one else but Triller was willing to take $25 million dollars of risk on the initial fight, especially in the middle of Covid. We did. Every penny paid in full and no one has ever claimed we did not every penny in full.”
Triller’s @RyanKavanaugh responds to Mike Tyson with a letter (obtained by me) affirming that Triller has the rights to Tyson’s next fight and claiming there’s bank receipts Tyson was paid in full ($25 million) for the Roy Jones Jr. event pic.twitter.com/FmRC7NMGoJ
— Mike Coppinger (@MikeCoppinger) June 28, 2021
He also explained that Triller sued Tyson in order to stop him from pursuing fights that don’t involve the platform.
Tyson, on the other hand, shared a message to Instagram back in March that expressed that he would no longer be working with the social video platform.
“Just to be clear there is no Tyson with Triller fight. I don’t know any Triller executives personally. I don’t have a deal with Triller or any head executive representing them for the next event,” wrote Tyson. “I will never do another event or any business with Triller so anyone misrepresenting that they own the rights to my name or my next event isn’t true. I am not with or ever will be with Triller’s Fight Club.”
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However, Kavanaugh claims he has receipts that prove Tyson, in fact, did agree to a deal with Triller.
“It is unquestionable that we have a contractual right to your next fight, including but not limited to Evander,” Kavanaugh continued. “Having spent over $30 million dollars on your first fight while being told it was a crazy risk no one would take was only because and for this right to a Tyson-Holyfield fight. We also entered into an agreement directly with Evander.”