Mike Tyson spends large chunk of Jake Paul purse fight money on Florida mansion
Mike Tyson has reportedly spent a large chunk of his $US20 million fight purse from the Jake Paul bout on a $US13 million ($A20.6 million) mansion in Florida.
Tyson reportedly pocketed a $US20 million ($A31.8 million) for his 16-minute return to the ring against the social media performer, who according to Forbes made $US40 million as the "A" side.
While there's been no confirmation from the former heavyweight champion, The Palm Beach Post reported the boxing legend bought the six-bedroom property which sits on a 2.7-acre plot in an exclusive gated community, off-market.
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Tyson was well known for his lavish spending during his younger years, with several questionable purchases leaving even his closest circle bewildered.
Mike Tyson's reported new home in Florida. X
The world's youngest heavyweight champion blew his entire $A580 million fortune according to a bankruptcy filling in 2003.
Forbes said that the former heavyweight champion's total career earnings could be as high as $US685 million (over $A1 billion).
Shelly Finkel, Tyson's former manager, once told The Sun: "He's one of the few people who I've ever met who I really don't believe that the money matters except for the moment to get him the satisfaction he wants.
"Whether it be clothing, buying a car for a girl. It's not like, 'Hey, I gotta be wealthy.' It was just the satisfaction at that moment.
"I remember, he'd spend $100,000 in one visit. I saw cars he had that were over $1 million."
One of Tyson's infamous buys was a gift for his then wife, a solid gold bathtub, dubbed the most expensive in the world, paying over $US 2 million.
Mike also hired an animal trainer for $US 125,000-a-year to take care of his pet Siberian tigers, which cost $US 100,000 each.
He also employed an entourage of people, including bodyguards, chauffeurs, chefs, and gardeners, all of which put a strain on his finances.
Lakiha Spicer and Mike Tyson at the US Open in 2023. GC Images
One of Tyson's biggest career paydays saw him sign a $US 27 million ($A43m), eight-fight contract with HBO in 1987, which would be around $74 million ($A118m) in today's money.
He then inked a long-term pay-per-view contract with Showtime in 1990 for a hefty $US 120 million, or around $US 288 million ($A460m) in today's money.
In a recent interview with Jimmy Kimmel, the boxing legend said: "Five million can be gone in a few days. That's right. I'm a big spender. Not now, but when I was young."
The former boxer, 58, picked himself up from his drowning debts and went on to star in movies before moving into the lucrative cannabis business.
He credits his stable financial position now to his wife Lakiha Spicer.
