Mike Tyson names his price after Jake Paul's $5 million incentive offer

Mike Tyson is aware of Jake Paul’s offer to pay Tyson $5 million if the former heavyweight champion can get past the fourth round of their fight scheduled for Nov. 15. The catch: If Tyson fails, he would have to get a tattoo that says, "I love Jake Paul.''

The price isn’t right, says the erstwhile Baddest Man on the Planet.

“He should offer more,’’ Tyson told USA TODAY Sports Thursday.

How much?

“Tell him probably about 20 (million),” Tyson said.

At 58, Tyson is thought to have the best chance of beating Paul, 27, if he scores an early knockout. But Tyson indicated the KO blow won’t come too early.

"Listen, I don't expect him to come head on and fight me, so I'm have to catch him for a couple of rounds," he said.

During a Zoom interview, Tyson sat next to David Cynamon, chairman at LF*GO!, a company that makes flavored, caffeine-infused pouches. Tyson has partnered with the company.

“I believed in the product,’’ Tyson said. “I thought (it was) the right product for my energy. I mean, my image and who I (am). And it happens to work, believe it or not.’’

With the fight about five weeks away, Tyson said he's sparring six to seven rounds a session.

“I feel great,’’ Tyson said. “I am ready right now.’’

Cynamon attested to as much.

“I am right here live and I can see his arms up,’’ Cynamon said. “I'm betting on him when I leave this room.’’

This article originally appeared on USA TODAY: Mike Tyson sets new price on Jake Paul's $5 million incentive