Tyson (right) bit off Holyfield's ear during their famous fight in 1997 (Getty)
American boxer Mike Tyson made a huge fortune from the famous fight in which he was defeated by his compatriot Evander Holyfield in the heavyweight category, and after 27 years, the “Iron Man” still benefits financially from the most famous fight in his career, especially the “ear-biting” incident.
Tyson fought with Holyfield on June 28, 1997 in Las Vegas, but the fight was stopped in the third round because Tyson bit his colleague's ear.
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What is noteworthy about the matter is that Tyson bit his opponent again when the fight resumed, so the referee punished him with disqualification and awarded the victory to Holyfield, who searched for the piece that had been bitten off from his right ear, and found it on the floor of the ring.
In 2003, due to gross mismanagement of his wealth, Tyson, the world's youngest heavyweight champion, declared bankruptcy, but he soon returned to making millions annually, thanks to his company specializing in the production of chewing gum and candy in the shape of Holyfield's bitten ear.
Tyson announced during his appearance on a podcast that he had made nearly $30 million, and said, "I was fined $3 million because of that, but I've made $30 million since that happened. From that bite, you know how important that is to people."
Mike Bites chewing gum
According to the English newspaper "Daily Mail", Tyson is now planning to highlight the brand by launching a wide promotional campaign for "Mike Bites" gum before his expected fight with his compatriot Jake Paul next July in Times Square.
Speaking about the product, Tyson admitted that the success astonished him: “I never imagined that the product would be so popular, and yet here we are witnessing incredible progress.”
After obtaining huge sums of money from a business project whose idea was inspired by one of his worst nights in the ring, Tyson can strengthen his bank balance if he defeats Paul next July.
🚨 Jake Paul admits he wanted another opponent instead of Mike Tyson but saw lucrative fight offer rejected, it would have been huge. pic.twitter.com/ktwuDIke6E
— SPORTbible (@sportbible) March 28, 2024
Source: websites