While Alex Pereira and Israel Adesanya hurt each other with punches and kicks in the Octagon at UFC 281 on Saturday night, Drake was left with a bruised wallet after losing his middleweight title fight bet. There would be no rich flex from the Toronto rapper as Adesanya’s TKO loss to Pereira cost him $2 million. Adesanya was the favorite against Pereira in the bout and Drake stood to earn $2,900,000 if the fighter emerged victorious. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM Alex Pereira kicks Israel Adesanya during their UFC 281 middleweight bout at Madison Square Garden on Nov. 12, 2022, in New York. (Jamie Squire/Getty Images/Getty Images) Pereira and Adesanya fought until the fifth round of the main event in New York, and it was the Brazilian who stunned the champion to win the UFC middleweight title. Pereira defeated Adesanya by TKO as he was able to land some big punches. “For everyone who said I can’t go five rounds, look what I just did,” Pereira said through a translator for the crowd at Madison Square Garden. Jake Paul Defeats UFC LEGEND ANDERSON SILVA BY UNANIMOUS DECISION Alex Pereira fights Israel Adesanya at Madison Square Garden on November 12, 2022. (Jamie Squire/Getty Images/Getty Images) Pereira hit Adesanya with a wicked right hook that sent the champion back to the cage. Pereira went on the attack from there. Both men had used most of their energy in the second and third rounds as they tried to gain advantages using their ground game. “I feel so blessed,” he added, via MMA Fighting. “I worked so hard on this. Sorry everyone for having to post some stuff, I had to do some trash talking this time. But I had to get inside his head to put this fight on.” Rapper Drake during Game 6 of the Eastern Conference first round game between the Raptors and the Philadelphia 76ers on April 28, 2022, in Toronto, Canada. (Cole Burston/Getty Images/Getty Images) GET THE FOX BUSINESS ON THE GO BY CLICKING HERE No worries though. Drake’s collaboration album with 21 Savage has been topping the charts since its release. The Associated Press contributed to this report.