Jake and Logan Paul are not fighting ... in fact, they're actually teaming up -- with the two internet superstars announcing the launch of their own reality TV show.
The WWE Superstar and boxer admitted they weren't prepping to face off in the boxing ring during an Instagram Live on Thursday ... saying what they really got in the works is something better.
View this post on Instagram
The two revealed "Paul American" will hit Max streaming on March 27 .