🚨 Major update to the Jake Paul vs Mike Tyson fight announced

Jake Paul vs Mike Tyson has been confirmed as a professionally sanctioned contest.

‘Iron Mike’ takes on Jake Paul on July 20th live on Netflix.

The heavyweight showdown will be contested over eight, two-minute rounds with each fighter using 14-ounce gloves, but they will NOT be wearing head gear.

Knockouts are allowed as it is a professional contest and the the outcome will affect their professional boxing records

MORE HERE: 🚨 Mike Tyson has given up two major things for his fight against Jake Paul

Most Valuable Promotions tweeted: “Who get’s the W? Paul vs Tyson is officially a sanctioned professional heavyweight bout. Who puts another W on their record on Saturday, July 20th?”

Most Valuable Promotions co-founder Nakisa Bidarian confirmed the rules for Paul vs Tyson in an official press release.

It said: “Mike Tyson and Jake Paul signed on to fight each other with the desire to do so in a sanctioned professional fight that would have a definitive outcome.

“Over the past six weeks, MVP has worked with its partners to satisfy the requirements of the Texas Department of Licensing and Regulations (TDLR) to sanction Paul Vs Tyson and we are grateful that we have gotten to this point.

“MVP has championed fighter choice since its inception, including advocating for women’s boxing to be contested with 2 or 3 minute rounds based on the particular fight matchup.

“Paul vs Tyson and Taylor vs Serrano 2 will both be contested with 2-minute rounds and each mega-fight will have its winner.

“Thank you to the TDLR and Holden Boxing for their efforts throughout this process to date and we look forward to working closely with them as we approach fight night.”