- Mike Tyson was said to have shunned a $20m deal to fight in a bare-knuckle contest
- The 54-year-old has equally turned down a few other offers
- Tyson has continued his preparations for his sensational comeback this year
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Former undisputed heavyweight champion Mike Tyson has reportedly rejected a chance to make a staggering $20 million in a bare-knuckle fight.
The 54-year-old has been touted to stage a sensational return to the rings for the first time since 2005 with a lot of mouthwatering deals.
Tyson hinted he could come out of retirement this year after returning to the gym to shape up for the battles ahead.
He has since then been linked with several deals amounting to a huge amount of money - with the latest coming from the bare-knuckle contest.
The president of Bare-Knuckle Fighting Championship, David Feldman, claims he has tried persuading Tyson twice to accept his proposal.
But his offers were vehemently rejected on both occasions as the 54-year-old only focuses on a boxing comeback.
Feldman told Ring Magazine: "We offered Tyson $20million (£16m) and some additional benefits, but he turned it down. "Who knows what’s going to happen with Mike Tyson.
“(His management team) said he was going to fight in July already, but then they said he was going to fight in August. “So who knows what’s going to happen with him.”
Tyson's handlers refused to react to the offers when contacted, someone close to their camp stated: “His people told me last week that Mike wasn't even considering bare-knuckle.
The American has been dropping videos of his training since he announced he was coming out of retirement.
Legit.ng earlier reported that Mike Tyson has once again shown he is ready to return into the rings as he released more footage of himself in a ferocious training session in the gym.
He has continued to train ahead of his potential heavyweight return and the former undisputed heavyweight champion appears to be in a frightening form in the gym.
Mike Tyson may be in his 50s, but the self-proclaimed 'Baddest Man on the Planet' still packs a ferocious punch.
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