What happened: On March 28, after Will Smith slapped Chris Rock during the 94th Oscars awards ceremony, American boxer, Jake Paul offered the duo $15 million each to jump into the ring and settle their disagreements. Details: Paul who operates Most Valuable Promotions, tweeted, “I got $15m for Will Smith and $15m for Chris Rock ready to go. Let’s do it on my card in August,” he remarked, referring to his upcoming fight against an unnamed opponent, “Get me on the phone with Will Smith’s boxing agent as soon as possible.” Previously: Winner of the Best Actor award, Will Smith slapped comedian Chris Rock in the face and yelled profanities at him after he made a joke about his wife, Jada Pinkett Smith’s haircut. Later, Smith took to Instagram and posted an apology, “I would like to publicly apologize to you, Chris. I was out of line and I was wrong. I am embarrassed and my actions were not indicative of the man I want to be,” the actor wrote. What’s next: Celebrity boxing contests have become increasingly popular in recent years, helping to propel the careers of people like Paul and his brother Logan. The odds of a battle between Smith, 53, and Rock, 57, ever taking place are long, according to TMZ.