Paul, a novice boxer who is yet to face a legitimate pro, has a 3-0 record and is more experienced fighting using boxing rules than Woodley, who enters the ring as a debutant in that discipline.
Woodley, however, told Paul he has "f---ed up" after the former UFC champ enlisted the help of Floyd Mayweather, one of the greatest boxers of all time, to help him transition from mixed martial arts to boxing.
It is unclear for how long Mayweather will coach Woodley.
Mayweather recently boxed an eight-round exhibition involving Paul's older brother Logan, yet it was Jake who ran amok at pre-fight press events, stole Mayweather's hat, and infuriated the boxer so much that he screamed: "I'll kill that mother-f---er."
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Woodley said it's a "bank robbery in progress," and appears confident he'll beat Paul when they come to blows August 1 at a to-be-determined location.
"He is very capable and definitely somebody that we are taking very serious. Jake likes to talk but nobody knows the kind of dog he is in the gym. We will not be outworked."
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Paul has beaten fellow creator AnEsonGib, ex-NBA dunk champion Nate Robinson, and former UFC fighter Ben Askren so far in his fledgling boxing career.
In MMA, Woodley has fought luminaries like Paul Daley, Rory MacDonald, Robbie Lawler, Stephen Thompson (twice), Darren Till, Kamaru Usman, Gilbert Burns, and Colby Covington.
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