Jake Paul vs Mike Tyson sanctioned as PROFESSIONAL fight as rules confirmed for heavyweight showdown on Netflix

MIKE TYSON's clash with Jake Paul has been sanctioned as a PROFESSIONAL fight.

The former heavyweight boxing champion will take on the YouTuber-turned-fighter on July 20.

There will be more on the line as the Texas Department of Licensing and Regulations has sanctioned it as a professional fight.

The showdown will be contested over eight rounds, which will be two minutes long.

Each fighter will have to wear 14-ounce gloves and the record will affect their professional records.

Knockouts will be allowed in the fight and headgear will not be worn by the fighters.

Most Valuable Promotions co-founder Nakisa Bidarian released a statement.

It read: "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."

The highly-anticipated fight will take place at the AT&T Stadium in Arlington, Texas and will be streamed on Netflix.

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Tyson, 57, had his last professional fight in 2005, when he lost to  Kevin McBride.

His last pro win came two years earlier as he beat Clifford Etienne to earn his 50th career victory.

He fought in 2020, taking on Roy Jones Jr. in an exhibition, which resulted in a split decision.

The result did not go on either of the fighter's professional records.

By the time the fight comes around, Tyson will be 58, while Paul will be 27, with a 31-year age gap between them.