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Mike Tyson returns to the ring for the primary time in 15 years

In this flyer picture, Mike Tyson attends the Hublot x WBC Gala "Night of Champions" at the Encore Hotel on May 3, 2019 in Las Vegas, Nevada.

Omar Vega | HUBLOT via Getty Images

Mike Tyson returns to the boxing ring after 15 years.

Tyson, the former undisputed heavyweight boxing champion, will fight Roy Jones Jr. in an eight-round exhibition game titled "Frontline Battle" on September 12th. The game will be a pay-per-view event hosted by the social media platform Triller, the company said. According to a person familiar with the terms, Triller paid more than $ 50 million for exclusive streaming rights to the exhibition. The person spoke to CNBC on condition that they remain anonymous since the financial details of the fight were not public.

Ahead of the fight, Triller will produce a 10-part documentary that includes exclusive pre-game footage of the fighters and will be released two episodes a week. And the event will include "major undercard matches and iconic musical performances that will be announced in the coming weeks," the company said in a statement.

The 54-year-old Tyson ended his career with 50 wins, including 44 knockouts. Most recently, he fought Kevin McBride on June 11, 2005 with a defeat. He became the youngest boxer to win a heavyweight title at the age of 20 and had WBA, WBC and IBF titles throughout his career. The former champion also announced the launch of Legends Only League, a new sports company.

51-year-old Jones retired in 2018 after completing his professional boxing career with 66 wins, including 47 knockout games. Jones held titles as middleweight, super middleweight, light heavyweight and heavyweight.

Triller, a video editing app that is becoming increasingly popular in the music industry, wants to gain more brand awareness with Tyson's fight as it competes with TikTok, whose mother owner ByteDance is valued at around $ 110 billion.

Ryan Kavanaugh, a well-known Hollywood producer, acquired Triller in October 2018. Kavanaugh's Proxima Media also supports the Independent Sports & Entertainment agency.

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