Jake Paul and Mike Tyson will fight on Friday night

ARLINGTON, Texas (AP) — Mike Tyson is set for his first sanctioned fight since 2005, when the 58-year-old former heavyweight champion takes on much younger YouTuber-boxer Jake Paul in Texas.

Friday night’s eight-round bout at the home of the NFL’s Dallas Cowboys will stream on Netflix, which has more than 280 million subscribers worldwide.

Texas regulators have sanctioned the fight with a limited number of rounds of just two minutes per round. Tyson and 27-year-old Paul will also use heavier gloves, which in theory limits the power of punches.

Tyson retired with a 50-6 record and 44 knockouts after losing to Kevin McBride 19 years ago. Paul debuted as a pro boxer about four years ago and is 10-1 with seven knockouts against mostly mixed martial artists and journeyman boxers.

The fight was originally scheduled for July 20, but had to be postponed when Tyson was treated for a stomach ulcer after falling ill during a flight.

Tyson said his entertaining exhibition against Roy Jones Jr. without fans during the pandemic in 2020 made him believe he could fight for real again. He grew irritated with the hype as fight week progressed and punched Paul to break up the final showdown at Thursday night’s weigh-in.

According to reports, Paul will get $40 million to $20 million for Tyson. Paul mentioned his number during a press conference promoting the fight in the summer. Tyson has a history of legal and financial troubles but has said he is not fighting Paul for the money.

The co-main event is for the Undisputed Women’s Super Lightweight Championship, pitting Ireland’s Katie Taylor against Puerto Rico’s Amanda Serrano.

It is a rematch of a controversial split-decision that Taylor won two years ago during a brawl in the sold-out Madison Square Garden. Taylor and Serrano were the first women to headline a boxing event at the legendary venue.