"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). Also on the card is former heavyweight (and cruiserweight) champion David Haye who is coming out of retirement to meet Joe Fournier in a sanctioned fight. "It's a fight, the rules are the same," Holyfield said when asked if it would be an exhibition. Copyright 2008-2023 BroBible. Holyfield was evicted from his 109-room Atlanta mansion, owing US$14m in mortgage repayments. 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. 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.. And with his kids happy, healthy, and doing well in school, Evander Holyfield couldnt be happier with where it all ended up. A passionate learner in the world of professional writing, and an ardent Manchester United fan. More so, he's still chasing a lucrative third fight with Tyson. From 1984 to 1987 and 1990 to 1991, he was a three-time world heavyweight champion. By: Holly Aguirre. Holyfields wealth was unimaginably massive, but expenses have a way of scaling up to any level. Sign up for free newsletters and get more CNBC delivered to your inbox. He announced his retirement after the bout. Holyfield threw a left hook and Belfort stepped inside with. he's bragging about making an outrageous amount of cash for the gig, and his deal has a . 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 by TKO, 1: . His total earnings were pinned down by the Independent as around $513 million, with nearly half of that coming from endorsements and other earnings outside of the ring. The companys purchase of the Holyfield property shows its commitment to investing in distressed assets. After all, the perils of riches lay mostly in how they're spent. Holyfield also committed to paying for the private education of all three of his children. He spent $5.8 million on the Georgia estate he purchased from Evander Holyfield, which included 109 rooms. A Florida Athletic Commission spokesman told ESPN the commission "stands prepared to regulate the Evander Holyfield-Vitor Belfort bout as a sanctioned fight that would appear on both fighters' official boxing record. "If Triller and the fighters elect to not have this go on BoxRec, we will honor that request, but pro boxing rules will still apply with judges, scoring and a clear winner just as if it were a pro bout.". Regardless of the overriding ethical questions at play, 58-year-old Evander Holyfield is still set to headline a boxing pay-per-view card on Saturday in the year 2021 against 44-year-old former . Boxing matches featuring men are always three-minute rounds, and at the top level, are contested over 10 or 12 rounds. The home, which is located in the posh Buckhead neighborhood, is 16,000 square feet and features seven bedrooms, eight bathrooms, and a four-car garage. "Iron" Mike's November exhibition with Roy Jones Jr. -- a Triller event -- was a massive success. Already a heavy hitter in the rap game, the hip-hop artist known as Rick Ross has apparently moved on up to the heavyweight class when it comes to mansions. Former heavyweight boxing champion Evander Holyfield lost all of his fortune but how did it all happen News How did Evander Holyfield lose all his money? However, it's not a foregone conclusion this will be an official bout. However, he lost all his money almost as quickly as he earned it. Published: January 6 2014 22:05. Two heavyweight legends Evander Holyfield and Mike Tyson, as Holyfield is inducted into the Nevada Boxing Hall of Fame in 2014. demolished in his fight against the former UFC champion which ended in the first round. Outkick is a company that produces videos. It reports come after it was found that Oscar De La Hoya has tested positive for . Holyfield has 11 children with six different women, and provides ongoing financial support to them, news.com.au reported. Evander Holyfield vs. Vitor Belfort -- Round 1: Holyfield opened up with a few jabs as Belfort circled with his guard up high. Holyfield reportedly spent an additional $1.5 million on furnishings and decor for the home. Evander Holyfield will return to the ring Saturday against a legendary mixed martial artist, former UFC light heavyweight champion Vitor Belfort. Another son, 22-year-old Evan, just made his professional boxing debut,knocking out opponent Nick Winstead in only 16 seconds. Atlantas 109-room mansion, which was built as a monument to his success, was auctioned off in 2008 for 4.2 million, with Ross purchasing it. According to Celebrity Net Worth Holyfield earned a whopping $230 million from fight purses alone. 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. B/R's combat sports team was in the house for "Triller . Florida, on the other hand, saw no issue. At Evander Holyfields absolute peak and accounting for spending, he was likely worth just over $200 million total at his peak according to Networth Buzz. Dade County's finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. If Triller, along with the fighters, decide the event won't be registered as an official bout that is listed on BoxRec (boxing's official record keeper), the promoter has until right before the bell rings to notify the commission, per the FAC. Boxing is one of the most lucrative sports around for the handful of fighters capable of making their way to the top. "When you don't have others looking out for you, everybody's taking something for themself. "He did not have a team to protect his money while he was making millions, and today there is no one in his corner to help him establish his blue-chip brand," Rodriguez told CNBC. Known as the 'Real Deal', Holyfieldalso famously had part of his ear bitten off by Tyson during their title fight in 1997. Get the Daily OutKick and get smarter every day. Florida -- a Triller Fight Club pay-per-view -- after the California State Athletic . The monthly electricity bill for the mansion is estimated at $17,000, while the cost of year-round upkeep is said to be in the neighborhood of $1 million. 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 publication likewise says he wasn't very good at the whole gambling thing, and Holyfield went bankrupt. All Rights Reserved. Even recouping proved to be a financial loss. Mansion has been the ideal location for two movies, Superfly and Coming 2 America. Many rooms were transformed for the latter films sequel, which was created in a suitable setting. So what does Holyfield say to those who say he shouldn't be fighting at 58? Holyfield sold the mansion to a bank during a public auction for over $7 million, but the boxer had owed at least $14 million on the mortgage at one point, according to the Independent. Evander Holyfield is one of those fighters. You are agreeing to OutKick's Terms of Use and Privacy Policy, but don't worry we don't spam. He recently fought Mike Tyson back in May 2021, and now the 58-year-old Holyfield will be returning to the ring once more to defy age and deliver more knockouts. Holyfield lost money on failed business ventures and, as the Independentreported in 2012, by blowing it at every casino in Las Vegas and Atlantic City. Fighting Lopez creates a better opportunity for Taylor, but can he beat him? 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 . 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. Today, his wealth is stabilized at around $500,000. Holyfield sold it to the bank in 12 under foreclosure lol.. How can a house regardless of price or size be insane? I do what I have to do.". The child support is really where the boxer's family debt began to get out of hand. Here's a look back at the time Evander Holyfield lost his extravagant 109-bedroom house following a series of poor business decisions and investments. PrivacyAboutContactAdvertisingHave a News Tip? "I've had no money to pay lawyers and had to fight on my own in court and that ain't easy." The 54,000 square-foot mansion is also the largest in Georgia. His total earnings were around half a million dollars, including brand deals. 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. His then-18-year-old daughter sued him for $300,000 of it. Back in 2014, Rick Ross bought legendary boxer Evander Holyfield's mansion in Fayatteville, Ga. for $10 million. 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. Peek inside this epic slice of superstar real estate. Holyfield will fight Kevin McBride in an exhibition match that has yet to be rescheduled. Basically, the boxer had more kids and ex-wives than he could reasonably afford. I know all the things that's necessary to be safe. 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. Dade Countys finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. Holyfield will step into the ring after more than a decade of inactivity. Now, 57-year-old former champ Evander Holyfield lives in a two-bedroom. The $230m he earned over a. In 2008, the global housing market crashed, and he defaulted on his mortgage at the wrong time. Silva upset Julio Cesar Chavez Jr. this summer in Mexico, and now fights Ortiz, who will be making his boxing debut. Evander Holyfield was once thought to have earned more than $230 million in a single fight purse. Email: jorge@brobible.com. His spending habits extended beyond simple overspending and into the high-adrenaline world of risk-taking thrills. 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. Other financial losses came from Evander Holyfield's home life. The whole thing's about protection. However, after their famous second fight, Evander Holyfield earned more than $30 million in compensation. "Real Deal" is best remembered, of course, for his legendary run at heavyweight, a resume that includes two wins over Mike Tyson (including the infamous "Bite Fight"), a win over George Foreman and one win over Riddick Bowe in one of the most brutal title trilogies of all time. Vitor Belforts pressure proved to be too much for Evander Holyfield. According to Rozay, the 105-acre home, which is located on land, has become a tourist destination. Yes, Holyfield is 58. "We have approved this as a full pro bout," the commission said. That's what a tough chin and hard hands will get you. The home had 109 rooms, a gigantic 135 seat theater, a 100 seat dining room, and a bowling alley. According to the index, any fighter who falls in one of those three categories needs further clinical evaluation by the commission and their medical advisory board before licensure. After suffering his first loss in boxing, what now for Jake Paul? More families mean more money, and Holyfield has several families. California, which has more stringent regulations, declined to license Holyfield to fight, whether it was in an exhibition or an official fight. In his prime, Evander Holyfield made millions of dollars each fight, with his highest-earning purses coming from the Iron Mike Tyson fights. 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. "You are absolutely right," Holyfield said. he failed to pay back more than a half . Rick Ross Buys Insane 109-Room Mansion From Evander Holyfield, Boxing Legend, TV Judge Mills Lane Dead At 85, Former NFL Defensive End Greg Hardy Beats Hasim Rahman Jr. With Big Knockdown In Professional Boxing Match Without Training, Bare Knuckle Fighter Nathan Decastro Looks Like The Elephant Man After Bloody Hits To Left Eye, Jake Paul Offers Draymond Green $10 Million For Boxing Match. Money, of course. The companys purchase of the property is a sign of its commitment to investing in distressed assets. Evander Holyfield estimates he earned more than $300 million from his 57-fight career. His fight against Vitor Belfort and the brand deals he will secure from it will help boost his net worth. Regardless, the Commission will be supervising the fight.". READ MORE: *Chisora looking past Parker *Another win for Fa *SBW fight on hold. . But his enormous mansion turned out to be a much larger drain on his resources. 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. pursuing a bachelor's degree in English Literature. The first thing to know about having a lot of money is there's a lot more money to spend, and former champion Evander Holyfield did a lot of spending. Holyfield, boxing's only four-time world heavyweight champion, formally announced his retirement from the ring last year, at the age of 51. What happened? There is no reason why we cannot achieve this, according to 36-year-old Andy. In his prime, Holyfield was a massive draw which meant his per-fight revenue was extremely high. 3 Comments. Built in 1994, the estate was originally the home of heavyweight champion Evander Holyfield. In 2014, Evander Holyfield paid $8.5 million to build a home in Atlanta, Georgia. A dedicated pro wrestling follower for more than a decade who feels fortunate to express the love for the art through writing. It remains to be seen how safe it is for a 58-year-old to compete. 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. Ross, the Lemon Pepper Lord of Lyrics, has a net worth estimated at $40 million. "We've spoken to Holyfield and Vitor and the commission; no matter what, this will be scored as a pro fight, there will be a clear winner and it will be treated with pro rules.".
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