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Eddie Hearn Reveals Exactly Why Million Dollar Bet With Jake Paul Did Not Take Place

Published 05/03/2022, 5:01 AM EDT

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The historic clash between Amanda Serrano and Katie Taylor turned out to be a massive success. However, apart from the fighters, the promoters of the women’s blockbuster, Eddie Hearn and Jake Paul, played a very important role. Interestingly, in one exchange, they settled on a million-dollar bet, but later, because of some reasons, the bet did not take place.

Two days after the fight, the renowned English promoter unveiled the reasons for the bet cancellation.

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Hearn said, “I spoke to Sean Palmer. Who is our sort of chief head of council and when I came off the stage, he was like, you know, sort of? It’s not a great look. It’s a very gray area of a promoter betting on a fight that he is promoting right in terms of integrity. It doesn’t look great.”

Furthermore, Matchroom Boxing’s chairperson stated he spoke to Nakisa Bidarian and Jake Paul. He added, “Well, we can’t really do the bet I think, but do you want to come up with something different and we sort of kicked through a few ideas. We didn’t actually finalize anything.” 

The million-dollar bet between Jake Paul and Eddie Hearn

Ahead of the mega-event, the tensions existed not just between Amanda Serrano and Katie Taylor, but they also had a big impact on the promoters of the fight. While Matchroom’s Hearn was confident of Katie Taylor’s victory, MVP’s ‘The Problem Child’, was of the opinion that he can bet anything on Amanda Serrano.

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This made ‘The Problem Child’ propose a bet. Putting forth his all jewelry, Paul persuaded the Englishman to make a deal. However, as Hearn showed no interest in jewelry and tattoo bets, they settled on a million-dollar wager.

Unfortunately, as the bet could not reach fruition, the duo replaced it with another deal later.

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What did you make of the reason behind the cancellation of a million-dollar bet? Let us know in the comments below.

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Written by:

Abhishek Singh

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Abhishek Singh is a Boxing writer at EssentiallySports. Following the completion of his training as an amateur boxer, he is currently preparing to appear for trials at the state and national levels. With over 3 years of experience in playing the sport, Abhishek is also the holder of a Bachelor's in Arts degree from the University of Delhi.
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Edited by:

Reubyn Coutinho