Alec Monopoly

Jake Paul just got an incredibly expensive early Christmas gift -- a $500k championship belt decked out with a Rolex, Cartier watch and a Birkin bag attached to it!!! The Problem Child showed off the "Most Valuable Boxer" belt at his presser with Tyron Woodley on Thursday -- saying it's a…

Legendary graffiti artist Alec Monopoly is used to displaying his work on large objects, but now he has downsized ... to Miley Cyrus. The two were hanging out this weekend in Miami during Art Basel when he decided to draw on Miley's right leg. Nothing crazy ... just his name. And you gotta hear…