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Silva reveals why he respects both Paul brothers (1:11)

After his faceoff with Jake, Anderson Silva respects both Jake and the other man. There is a time and a place for this.

2:53 AM AST

Jake Paul and Anderson Silva agreed to a bet two days before they are scheduled to fight.

At the prefight news conference on Thursday, Paul proposed to Silva and said he would do a second fight with the UFC legend if Silva wins. Silva said he does not fight in MMA anymore. He wants Silva to help him start an association for UFC fighters.

Silva agreed if it included all MMA fighters, and the two stood up, met in the middle of the stage and shook hands.

If I win, I will work with you to create a fighters association that will help UFC fighters get better pay and health care. Become the interim president. We come together to help these fighters.

The MMA Fighters Association (MMAFA) is an association that has worked on antitrust lawsuits against the UFC and boxing's Ali Act protections for MMA.

Paul and Silva are going to fight. The bet is unconventional as well. Paul is a boxing star who has built himself into a bankable boxing star with a perfect record. He has defeated UFC veterans three times.

One of the greatest MMA fighters of all time is 47-year-old Silva. He has a win over a world champion in his pro boxing career.

Paul wants Silva to be part of a fighters' association because he is one of the all-time greats in MMA. Over the years, Paul has talked about the need for health care for MMA fighters.

Paul said that Anderson is the perfect guy. Every fighter's idol is him. He would be a very powerful person. Fighters need this type of thing to happen.

There have been bets in several of Paul's fights. Tyron was forced to get a tattoo of Paul's name on his body after losing a bet. He chose the middle finger.

He was surprised that Silva agreed to the deal so quickly. He doesn't want to fight Silva in a kickboxing match in which Silva has a huge advantage because he wants to start a fighters' association. Paul is a slight favorite in the fight.

"It's not going to be just a couple fighters who are able to pull this off," Paul said of a fighters' association, which he eventually wants to extend to boxers as well. He's a legend. He is one of the most respected people in the world. That's crucial. A lot of fighters dislike me so they might not listen to me. I need assistance with this.