Evander Holyfield is one of the greats of the boxing world. He spent $5.8 million on the Georgia estate he purchased from Evander Holyfield, which included 109 rooms. His wealth was quickly slashed in two, and he agreed to $36,000 in yearly payments for child support. He also had to pay massive penalties to the IRS over previous non-payment when his yearly earnings were still in the tens of millions. You are agreeing to OutKick's Terms of Use and Privacy Policy, but don't worry we don't spam. Donald Trump is doing way more than calling a fight this weekend . arrivals in the venue shortly after 6 p.m.an hour before the pay-per-view broadcast got started. The cost includes unlimited replays for all fights in the event until Dec. 11, so . The wealthy businessman made a killing when he purchased the opulent estate for $5.8 million. Published: January 6 2014 22:05. . And keeping such a massive space with so many amenities had many extra costs. The Five Biggest Boxing Pay Days In History - Money Inc According to a lawsuit Evander Holyfield recently had with Triller, hell be paid $5 million for the fight. Alejandro Avila Evander Holyfield's amazing 109-room Georgia home he sold to Rick Ross for 4.7m boasts bowling alley, theatre and pool https://t.co . "If Holyfield doesn't want this to go on his BoxRec due to his age, we'll allow him to make the decision and still follow all the other rules," Triller co-founder Ryan Kavanaugh told ESPN. Meanwhile, a federal lawsuit was filed two weeks ago in Utah seeking repayment of $550,000 in loans allegedly made to Holyfield to pay for landscaping on his 95-hectare estate. All rights reserved. A tiered movie theater seats a staggering total of 135, and a formal dining room area can accommodate 100 guests quite comfortably. "You are absolutely right," Holyfield said. A dedicated pro wrestling follower for more than a decade who feels fortunate to express the love for the art through writing. Copyright 2008-2023 BroBible. However, Holyfield-Belfort will be staged at the Hard Rock in Hollywood, Florida -- a Triller Fight Club pay-per-view -- after the California State Athletic Commission refused to license the 58-year-old. And he seems happy again. Holyfield was evicted from his 109-room Atlanta mansion, owing US$14m in mortgage repayments. "Dealing with all the mothers of all my kids there ain't no winning here, man, no winning at all," Holyfield said in 2012 (found via the Independent). Ultimately in this case, the decision on whether Saturday's fight is a sanctioned match or an exhibition match is a matter for the participants. There is no reason why we cannot achieve this, according to 36-year-old Andy. Sources told ESPN Holyfield has expressed apprehension about the fight counting toward his official record. By Ivan G. Goldman What are we to make of the news that financially besieged Evander Holyfield has been ejected from his 54,000-square-foot mega-mansion . pursuing a bachelor's degree in English Literature. He had to. A passionate learner in the world of professional writing, and an ardent Manchester United fan. Gambling related content is not intended for anyone under the age of 21. Vitor Belforts Professional Boxing Record: Has He Boxed Before? Here's how, You sense the market is desperately hoping the Fed is done hiking interest rates, says Peter Boockvar. The mansion stands at 45,000 square feet and is situated on more than 235 acres. Evander Holyfield will go down in history as the boxer that dethroned Mike Tyson. The property is located in Atlanta, Georgia and priced at $5.8 million. This upkeep accounted for an additional $1 million in expenses every year. The Real Deal took home a bronze medal from the 1984 Olympic Games, won his first junior heavyweight title in '86, and became the undisputed cruiserweight champion in '88. The Boxing Tribunesays he dropped most of his cash betting on a variety of different sports. Holyfield and Belfort will compete at heavyweight, the unlimited weight class. The folks at Redfin have confirmed that rapper Rick Ross has purchased the monstrous former Fayetteville home of boxer Evander "Real Deal" Holyfield and that he got it for a relative steal . Even though The Real Deal has been training for a comeback fight for quite some time, fighting Vitor Belfort will not be a simple task, even for prime Holyfield. Holyfield vs. Belfort fight results: Ex-MMA star knocks out Evander Dan saying Holyfield earned 5-6 million dollars tonight. Ronda Rousey Painful Health Rumor Revealed, Donald Trump Jr. Evander Holyfield: Boxing great who 'lost everything' smiling again Trump Talked as Holyfield Got Pummeled. Just Another Day in Boxing's Holyfield's Heavyweight Manse Sells For Measly $5.8M Evander Holyfield vs. Vitor Belfort: Preview, fight prediction, picks The mansion, which includes 12 bedrooms and 45,000 square feet, is located on 105 acres and has become a tourist attraction, according to Rozay. . In a career spanning around 26 years, the former Cruiserweight and three-time heavyweight champion of the world amassed a lot of wealth through fight purses alone. 2023 CNBC LLC. Other failed business ventures includeda record label which cost Holyfield$3.1million, a restaurant business which cost over $10m and other products bearing his name including BBQ sauce, a kitchen grill and a fire extinguisher. Silva upset Julio Cesar Chavez Jr. this summer in Mexico, and now fights Ortiz, who will be making his boxing debut. Both fighters also weren't supposed to push for a knockout. Holyfield once claimed the home cost more than $1 million annually to maintain with an electric bill reportedly costing $17,000 a month. Evander Holyfield Apparently Made $5-6 Million For Getting - BroBible Outkick is a company that produces videos. If the commission does not sanction the match, it is being reported that the event will still be held but itll be moved to Florida. That's what a tough chin and hard hands will get you. By: Holly Aguirre. Holyfield sold it to the bank in 12 under foreclosure lol.. How can a house regardless of price or size be insane? From there, Holyfield would go on to hold the heavyweight world title four times, and, more notably, have a chunk of his ear bitten off live at MGM Grand Garden Arena by Mike Tyson in 1997. So what does Holyfield say to those who say he shouldn't be fighting at 58? "Man, they were stealing, just stealing, stealing.". California, which has more stringent regulations, declined to license Holyfield to fight, whether it was in an exhibition or an official fight. 3 Comments. After suffering his first loss in boxing, what now for Jake Paul? The 58-year-old Evander Holyfield has agreed to box Vitor Belfort on September 11 as per the reports of TMZ sports. His record: 15-40-3, 1 KO. Allan is a semi-professional Holyfield told the programme: "It is hard to fall down, and I kind of feel like everything is too late. And yes, this will be his first fight since he defeated Brian Nielsen in 2011, capping one of the greatest in-ring careers of all time. In total, Holyfield married three women and was divorced twice. The opening bout of the pay-per-view bout is the lone fight that features two world-class boxers: a 130-pound fight between fringe contenders Andy Vences and Jono Carroll. "All I know is it's a fight and they got the rules. Dade Countys finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. Tour Evander Holyfield's Former Mansion - HGTV Holyfields 109-room home in Georgia is listed for sale for $5.7 million, with a bowling alley, theater, and pool included. From 1984 to 1987 and 1990 to 1991, he was a three-time world heavyweight champion. Evander Holyfield to pay $36,000 a year in child support By JOHN HOLLIS Former heavyweight boxing champion Evander Holyfield and the Clayton County woman with whom he fathered a child reached a financial agreement Wednesday afternoon. Evander Holyfield VS Mike Tyson - "The Sound and the Fury" AKA "The Bite Fight" in 1997 This is the fight with the 4th highest payout of $35,000,000. Throughout his career, Holyfield made bank, but that's what you'd expect from a fighter of his caliber. The estate is located on 235 acres of land and has 109 rooms, 12 of which are bedrooms and 21 of which are bathrooms, making it the largest single-family home in Georgia. Oscar de la Hoya Sad Hospitalization Video Leaks, Id like to announce that I will be making a comeback to the ring.I will be fighting in exhibition matches for a great cause.. On its 235-acre grounds is a handball court, a softball field, a tennis court, a seven-stall barn, and a 350,000-gallon pool billed as one of the largest in the nation. Evander Holyfield vs. Vitor Belfort -- Round 1: Holyfield opened up with a few jabs as Belfort circled with his guard up high. On Saturday night, Holyfield got absolutely demolished in his fight against the former UFC champion which ended in the first round. The mansion, which Holyfield had originally put on the market for $10 million, had been foreclosed on in 2008. When the housing crisis hit in 2008, Holyfield had to sell his house for less than half of what he paid for it. Money, of course. More so, he's still chasing a lucrative third fight with Tyson. To demonstrate its commitment to investing in distressed assets, the bank purchased this property. Mansion has been the ideal location for two movies, Superfly and Coming 2 America. Boxing pound-for-pound rankings: Bivol keeps winning and moving up; Haney earns top 10 spot, A megafight is set: Here's what's at stake when Gervonta Davis faces Ryan Garcia in April, Gervonta Davis' arrest history: Timeline of abuse and hit-and-run charges and denials, Oscar De La Hoya tested positive for COVID, Real or Not: Evander Holyfield shouldn't be in a ring; Jake Paul should face a real boxer next, De La Hoya tests positive; Belfort-Holyfield on tap, When Floyd Mayweather-Logan Paul met in an exhibition match in June. Evander Holyfield's loss is Rick Ross' gain. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. Evander Holyfield spent a huge portion of his fortune building a mansion only to be left with no funds to maintain it. June 6, 2021, 5:50 pmupdated June 7, 2021, 6:18 am Data is a real-time snapshot *Data is delayed at least 15 minutes. Evander Holyfield Paycheck For Belfort Fight Leaks - Wrestling-Edge When they were set to fight in Los Angeles on the same date, the fight was an exhibition. Stop the dumbass TMZ headlines please! According to BoxRec, he earned that with 44 wins across 57 fights, including 29 brutal K.O.s that helped made him a household name. Mike Tyson chomps on the ear of Evander Holyfield in the third round of their WBA heavyweight bout in Las Vegas in 1997. As his net worth fell through the floor over just a couple years, the bills of a much wealthier person kept rolling in. As you can probably guess, Evanders mega-manse failed to sell at auction and made its way back onto the market in December for $6.875 million. In 2008, the global housing market crashed, and he defaulted on his mortgage at the wrong time. He bought a mansion with 109 rooms, complete with a 135-seat home theater, a bowling alley, and a dining room meant for over 100 people. Today, his wealth is stabilized at around $500,000. Evander Holyfield reigned supreme as both a cruiserweight and a heavyweight champion. 2.6K. Everything you need to know about Evander Holyfield vs. Vitor Belfort A landscaping company sued him for $550,000 for unpaid services. Holyfield owed the IRS twice as much money, with his plight hitting the headlines . Plus-3 to plus-4 is considered High Risk Category "C." Category "A" (+7-+9) and "B" (+5-+6) are for fighters who are considered to be an even greater risk. MMA legend Vitor Belfort knocked out 58-year-old former heavyweight boxing champion Evander Holyfield in the main event and Anderson Silva continued to raise his stock on the boxing side of. Now, 57-year-old former champ Evander Holyfieldlives in a two-bedroom apartment and admits the vast majority ofthose millions aregone since his final professional bout in 2011. Everything you need to know about Evander Holyfield vs. Vitor Belfort, The triumph of Michael B. Jordan and Jonathan Majors in Creed III. Evander Holyfield apparently got paid very well for his two minutes inside the ring against Vitor Belfort. How much Ross, aka Ricky Rozay, paid for the property is unclear, property records do not indicate that the home found at 794 Evander Holyfield Hwy has changed hands. Plus you gotta understand, they saying fight somebody who boxing ain't his thing.". A legal notice from Washington Mutual Bank in June of 2008 revealed that the 54,000 . The Reason Evander Holyfield Lost His Money. How Did the 1976 & 1984 USA Olympians Do As Pro's? A post shared by Evander Holyfield (@evanderholyfield). According to Rozay, the 105-acre home, which is located on land, has become a tourist destination. So why did the 58-year-old retired boxer take on the fight on short notice knowing there was a good chance he would embarrass himself? PrivacyAboutContactAdvertisingHave a News Tip? Lets dive into his earnings, his expenses, and his personal history to find out. Holyfield has 11 children with six different women, and provides ongoing financial support to them, news.com.au reported. Videos by OutKick. But there came a point when this former International Boxing Hall of Famer was losing more money than his fists could bring in. Ross Rolls Royce Phantom Drophead Coupe, which is housed in the massive garage, is the ideal vehicle for the massive garage. It has purchased foreclosed properties in recent years in order to rehabilitate them and sell them to new buyers. The same Independent piece notes that Holyfield spent $10 million on a massive 45,000 square foot mansion. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Earlier this year, Holyfield signed a deal with Triller to meet Kevin McBride in an exhibition bout on June 5 on the undercard of Teofimo Lopez-George Kambosos. At Evander Holyfield's absolute peak and accounting for spending, he was likely worth just over $200 million total at his peak according to Networth Buzz. The mansion has been among the sources of the boxer's. We want to hear from you. Women's boxing pound-for-pound rankings: Did Baumgardner do enough to overtake Serrano? Holyfield, boxing's only four-time world heavyweight champion, formally announced his retirement from the ring last year, at the age of 51. How Did Evander Holyfield Lose Over $200 Million of His - Sportscasting First, an ongoing divorce settlement wrapped up after he bought his home. The home had 109 rooms, a gigantic 135 seat theater, a 100 seat dining room, and a bowling alley. The new estate comes with a number of incredible specs, including: Maintenance doesnt come cheap, with a near $1 million spent every year just to keep the lights on. With lawsuits and penalties to the IRS, Holyfields net worth drastically dropped until it stabilized at around $500,000. His fight against Vitor Belfort and the brand deals he will secure from it will help boost his net worth. How Much Did Evander Holyfield Make For His Boxing Return Against Here's why men die younger than women and how to fix it, China's shrinking population: What it means for the global economy, Oil companies made $200 billion in profits in 2022. Evander Holyfield is one of those fighters. Evander Holyfield to pay $36,000 a year in child support The House That Evander Holyfield Built - Cotswold-Homes In 2014, a 54,000 square-foot mansion purchased by music mogul and entrepreneur Rick Ross was reported to have sold for $10 million. "At least I'm fighting somebody that I know I can protect myself [against]. Today that would be about $52,400,000. Yes, Holyfield is 58. Holyfield (44-10-2, 29 KOs) accepted the Belfort assignment on just eight days' notice after Oscar De La Hoya tested positive for COVID. Rapper Rick Ross purchased the home in 2014. Now, 57-year-old former champ Evander Holyfield lives in a two-bedroom. It ended up going for half of what he bought it for. In 2014, Evander Holyfield paid $8.5 million to build a home in Atlanta, Georgia. In addition to an in-house bowling alley, the home is about as close to a sportsmans paradise as one will find. Evander Holyfield was forced to sell his 109-room mansion to rapper Rick Ross (Image: Getty Images) The 109-room mansion in his hometown of Atlanta was labelled as a monument to his success, but was auctioned in 2008 with Ross acquiring it for 4.2million. "I used to be foolish, but I ain't foolish no more.". Given the FAC's decision, Holyfield has completed this evaluation. Evander Holyfield lost his $20 million mansion because he couldn - CNBC However, he lost all his money almost as quickly as he earned it. The child support is really where the boxer's family debt began to get out of hand. Evander Holyfield sold his 109-room Georgia mansion to Rick Ross for $5.7 million, which is the largest single-family home in Georgia and sits on 235 acres. According to Bleacher Report, the exhibition fight has been postponed and no new date has been announced, though there are tentative plans for it to be mid-June. But why fight at all if you're Holyfield? Football, basketball, boxing, it didn't matter. "If he had the right team behind him, he would have never lost his fortune.". And that was in 2006, a first-round KO victory in his native Brazil. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. Ward never competed anywhere near the top level, but there is Jack Johnson, the all-time great who became the first Black heavyweight champion in 1908. The biggest monetary problem for Holyfield turned out to be the massive mansion that he bought for $10 million. Fournier, a part-time boxer, scored a knockout of musical artist Reykon in April on the Jake Paul-Ben Askren undercard. He was 13-0 when he lost to WBC World Light champ Jim Watt, 36-7, in Glasgow, Scotland, in June of 1980. Tour Evander Holyfield's Former Mansion.
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