Mike Tyson Faces €1.5 Million Lawsuit Over Terminated Deal

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Mike Tyson Deal Lawsuit

In a legal showdown that could shake up the sports and entertainment world, boxing legend Mike Tyson is facing a €1.5 million ($1.6 million) lawsuit in London. The suit, filed by brand manager Medier Ltd., alleges that Tyson unlawfully terminated their marketing agreement due to a conflict with his high-profile Netflix-sponsored boxing match against YouTuber Jake Paul. The dispute centers around a scheduling clash that forced Tyson to cut ties with the brand manager prematurely.

Tyson’s “Hasty” Deal Termination

Tyson, a former undisputed heavyweight champion, is accused of making a “hasty and unlawful” decision to terminate Medier’s exclusive rights to market him. Medier, which had a deal with Tyson’s sponsorship company Tyrannic LLC, was granted global rights to use Tyson’s name and likeness for promotions. However, Tyson reportedly pulled the plug on the agreement on March 8, citing the brand manager’s failure to obtain his approval for certain marketing materials, including a press release and three promotional websites.