Mike Tyson vs Jake Paul event to feature 'record-breaking' purse as stunning pay revealed

All eyes will be on AT&T Stadium in Arlington, Texas on July 20 when Mike Tyson takes on Jake Paul in their hugely controversial boxing match.

Former undisputed heavyweight champion Tyson, 57, will return to the ring to face Paul, 27, in what will be the main event of a card that will air on Netflix.

Tyson has not fought since drawing with Roy Jones Jr in an exhibition match in 2020, while his last professional bout came back in 2005 against Kevin McBride.

Concerns have been raised over the safety of the fight, given the huge age difference between the two men involved.

However, Tyson has insisted he is fit enough to face YouTuber-turned-boxer Paul, in what is expected to be an exhibition fight rather than a fully professional bout.

Earlier this week, Paul announced the first undercard fight for the event, with Amanda Serrano taking on Katie Taylor in a rematch of their 2022 fight - which ended in a split decision win for the Irish fighter.

The rematch will be contested for the undisputed super lightweight championship, with Taylor putting all of her belts on the line.

The upcoming showdown between the two elite female boxers will be fought over 10 two-minute rounds.

And it has now been claimed that Taylor will be paid a record-breaking fee for the fight.

The Irish Telegraph report that she could pocket an estimated purse of $6m (£4.8m).

Katie Taylor is set to be paid a world-record fee to fight Amanda Serrano (Image: Getty)

It is claimed it will be the richest-ever fight in women's professional boxing.

"This is the rematch the world has wanted to see and I'm delighted that it's finally happening," Taylor said after the fight was announced.

"The first fight in New York was obviously an epic occasion and it more than lived up to the billing, and I'm sure the rematch will be no different."

Serrano added: "I promised my fans they would see this rematch after we made history at MSG and it feels like a dream come true to know that Katie and I are finally making it happen on the biggest stage possible to show the world what elite women's boxing is all about."