The announcement has made a big impact, even on Tyson's own family. His son has lost interest in boxing. He doesn't like the idea of his dad taking part in what might be a pre-arranged fight.
Many boxing fans can't wait to see these two legends in the ring. But some boxing purists worry. They think this kind of event turns boxing into more of a show than a sport.
Jeff Mayweather, Floyd's uncle, shared his thoughts on the fight:
"It's just a show. Nobody has to do anything to excite the public."
He also pointed out the money involved:
"Tyson is going to get a huge check, just like Floyd. Nobody is going to ruin their money."
This fight brings up some big questions about boxing's future. Will it keep its competitive edge? Or will it turn into pure entertainment? There's a worry that this trend might push away new fans who want to see real competition.
Boxing faces a challenge. It needs to find a way to keep its core values while still putting on events that people want to see. The sport must reconnect with fans who love boxing for the skill and heart of the fighters, not just for the spectacle.
In the past, boxing icons packed stadiums with real fights. Now, the sport needs to find a way to do that again. This Mayweather-Tyson fight will make history, but it also makes us ask: Is boxing losing what makes it special?