Jake Paul's boxing promotion throws a wrench in $500 million Conor McGregor vs. Logan Paul mega fight claims

Jake Paul's Most Valuable Promotions has denied reports that Conor McGregor and Logan Paul are set to earn $250 million each for their rumored mega-fight in India. A few weeks ago, McGregor claimed he was negotiating with the Ambani family to organize the fight against Paul.

While there have been no official statements from other parties involved, a recent report suggested that the fight will take place at the iconic Wankhede Cricket Stadium in Mumbai. This event is expected to be part of the 'Visit India' campaign, with the Ambani family reportedly agreeing to fund the fight.

McGregor re-posted the details of the rumored fight on Instagram.

Check out the post below:

Most Valuable Promotions' official Instagram account commented ''cap on cap on cap," suggesting that the reports were unfounded claims.

Check out the comment below:

Most Valuable Promotions' comment on Conor McGregor's Instagram post

Rumors of the alleged potential fight between McGregor and Paul, along with their rumored $250 million purses and the involvement of the Ambani family, began circulating on social media. This speculation was prompted by a report from a fake X handle that impersonated boxing journalist Michale Benson and cited Dan Rafael as the source.

However, combat sports content creator Elie Seckbach has cautioned people against believing the claims made by the fake account pretending to be Michael Benson.

Check out the post below:

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Logan Paul's close associate strikes down Conor McGregor's claims about the mega-fight

Conor McGregor has frequently stated that he will be returning to competition against Logan Paul. However, Paul's close friend and co-host of his Imapaulsive podcast, Mike Majlak, has claimed that there are no discussions happening regarding the fight. In a recent interview with Daily Mail, Majlak asserted:

“From what I understand, there [were] conversations about it a while ago. I don’t know if Conor just woke up in Ibiza or something like that and decided he wants to talk about it today. The last thing I heard, there was no update there, so I don’t know if he’s just out of his mind and just talking about it." [H/T Daily Mail]

McGregor is under contract with the UFC, while Paul competes in WWE. Both organizations are part of the TKO Group Holdings, LLC. McGregor has heightened the excitement surrounding their rumored fight by proposing it for the ceremonial TKO King title.