This astonishing offer is part of Alalshikh’s ambitious vision to transform Saudi Arabia into a global sports and entertainment hub. Known for hosting high-profile boxing matches and celebrity events, the country has become a magnet for some of the biggest names in the industry. Alalshikh’s proposal aims to capitalise on the immense fan interest generated by the initial speculation of a fight between Jake Paul and Mike Tyson.

The proposed rematch promises to combine the old-school boxing finesse of heavyweight legend “Iron Mike” Tyson with the modern charisma and social media clout of YouTube star-turned-boxer Jake Paul. Their potential showdown is anticipated to be a global spectacle, drawing millions of viewers and redefining the boundaries of boxing entertainment.

Mike Tyson, who continues to captivate audiences with his presence and legacy, has expressed his willingness to participate in well-organized exhibitions. While Tyson’s team has yet to confirm or deny the offer, the lure of such a monumental reward could make it an attractive proposition for the former champion.

Meanwhile, Jake Paul has never shied away from the spotlight or the challenge of facing legendary names in the ring. Known for his ability to generate buzz and break pay-per-view records, Paul’s response to the $700 million offer is eagerly awaited by fans and analysts alike.

If the rematch goes through, it will not only mark a historic payday for both fighters, but also set a new benchmark for the commercial potential of exhibition boxing matches.