On Saturday, Jake Paul and promotion company Most Valuable Promotions announced that Paul would be paying the undercard fighters 50% of their contracted purse amount.
“The undercard boxers who were set to fight today as part of the Jake Paul & Amanda Serrano MVP event spent countless hours training both physically and mentally to prepare to fight on one of the biggest stages of their careers,” MVP’s statement read. “These undercard fighters abided by the terms of their contracts and Jake and MVP are extremely disappointed that the event cancellation adversely impacted them.”
The official statement ended with MVP and the YouTube star saying that they will continue to support “fair fighter compensation” since boxers can sometimes not receive any payments of the fight is canceled.
