India, July 8 -- Jake Paul and Mike Tyson are going head-to-head again - but this time, the gloves are off and the stakes are cash. TMZ reports that the former opponents have agreed to a $1 million bet on the outcome of the Katie Taylor vs. Amanda Serrano bout, set for Friday night at Madison Square Garden. Paul, who co-promotes Serrano through Most Valuable Promotions, is backing her to win the trilogy match. Tyson, on the other hand, is putting his money behind Taylor, who took the first two fights.

Jake Paul shared a video of his FaceTime call with Tyson on Monday. In the clip, he jokes that "the streets" are saying Taylor vs. Serrano II was better than their own cancelled matchup. Since the highly anticipated women's fight is happeni...