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Evander Holyfield is one of heavyweight boxings greats; He made around $230m during . A landscaping company sued him for $550,000 for unpaid services. pursuing a bachelor's degree in English Literature. DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. Holyfield will fight Kevin McBride in an exhibition match that has yet to be rescheduled. 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. Alejandro Avila "At least I'm fighting somebody that I know I can protect myself [against]. In 2014, Evander Holyfield paid $8.5 million to build a home in Atlanta, Georgia. https://t.co/6f7eB955Xr, Mark Ortega (@MarkEOrtega) September 12, 2021, Brobible sports editor. June 6, 2021, 5:50 pmupdated June 7, 2021, 6:18 am In the photo below, therap mogul is seen lording over the grand double-staircase in the mansions foyer. Another son, 22-year-old Evan, just made his professional boxing debut,knocking out opponent Nick Winstead in only 16 seconds. We want to hear from you. But his enormous mansion turned out to be a much larger drain on his resources. Lets dive into his earnings, his expenses, and his personal history to find out. 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 . Dade Countys finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. Videos by OutKick. "I used to be foolish, but I ain't foolish no more.". In the first round, Tyson defeated him. A tiered movie theater seats a staggering total of 135, and a formal dining room area can accommodate 100 guests quite comfortably. The property, which is located in Atlanta, Georgia, is worth $5.8 million. But blind opulence such as this does come at a cost, and Ross better come prepared to cut sizable monthly checks. When you examine this particular event, the confusion is even greater. The same Independent piece notes that Holyfield spent $10 million on a massive 45,000 square foot mansion. The child support is really where the boxer's family debt began to get out of hand. 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. The Biltmore House Americas Largest Private Home, Making The Most Informed Home Purchase: Understanding The Benefits Of Cash Sales And Home Appraisals, A Guide To Accurately Appraising A Home: Tips For Buyers And Sellers, Maximizing Profit When Flipping A House: How Appraisal Value Can Make Or Break A Flip. Rodriguez said Holyfield was let down by the people around him during his fighting days. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. For one, he's making multiple millions, sources told ESPN. Evander Holyfield Paycheck For Belfort Fight Leaks - Wrestling-Edge In 1998, Evander Holyfield paid $11.4 million for a 114-acre estate in Fayetteville, Georgia. Evander Holyfield lost his $20 million mansion because he couldn - CNBC The home was said by Daily Mail to cost Holyfield a solid $1 million per year, and that's just in taxes and upkeep. It reports come after it was found that Oscar De La Hoya has tested positive for . The boxing career of Evander Holyfield has been marked by highs and lows. Rick Ross Pays for New $3.5 Million House in Cash - XXL - XXL Mag "I've had no money to pay lawyers and had to fight on my own in court and that ain't easy." He lost the title to Mike Tyson in a second fight after winning it the first time. Get this delivered to your inbox, and more info about our products and services. Holyfield was forced to sell his $10 million 109-room mansion for $7.5 million, which barely covered his debts. Evander Holyfield was once thought to have earned more than $230 million in a single fight purse. His wealth was quickly slashed in two, and he agreed to $36,000 in yearly payments for child support. And he seems happy again. There is no reason why we cannot achieve this, according to 36-year-old Andy. "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. California, which has more stringent regulations, declined to license Holyfield to fight, whether it was in an exhibition or an official fight. Football, basketball, boxing, it didn't matter. Is this the result of systemic racism somebody tell your president an Vice President that one black man sold this monstrous mansion for millions to another black man happens all the time not in china but here in this great country mfers. So, what does Rosss new home have to offer? The true price was even higher, however. Today, Evander Holyfields reported net worth is $1 million, a fraction of what it was at his peak. 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 . And he seems happy again. Even recouping proved to be a financial loss. Evander Holyfield vs. Vitor Belfort: Preview, fight prediction, picks If Holyfield was in the ring from the 90s to the early 2000s, tens of millions of dollars wouldve been headed his way. 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. Both fighters also weren't supposed to push for a knockout. Holyfield's Heavyweight Manse Sells For Measly $5.8M 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. Belfort hasn't fought since May 2018, a second-round KO loss to Lyoto Machida at UFC 224. His biggest fight, the infamous Holyfield vs. Tyson II, that spun out of control in a bizarre ear-biting finish by Mike Tyson, brought in just over $100 million by itself. In this new world of novelty boxing matches that's Wild Wild West even by boxing standards, there's a lot of confusion when it comes to these matters. Gambling related content is not intended for anyone under the age of 21. It remains to be seen how safe it is for a 58-year-old to compete. A passionate learner in the world of professional writing, and an ardent Manchester United fan. After claiming his first world title in 1986, the boxing legend won 44 bouts in a stellar career, including two victories over Mike Tyson and other famous wins against George Foreman, Larry Holmes and Buster Douglas. Tour Evander Holyfield's Former Mansion - HGTV From 1984 to 1987 and 1990 to 1991, he was a three-time world heavyweight champion. Evander Holyfield spent a huge portion of his fortune building a mansion only to be left with no funds to maintain it. 2023 CNBC LLC. The home, which Holyfield lost due to foreclosure a year prior, has a. You are agreeing to OutKick's Terms of Use and Privacy Policy, but don't worry we don't spam. 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. The sport of boxing is one of the most lucrative in the world, with the ability to produce some of the best fighters of all time. "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. Vitor Belfort stops Evander Holyfield in first, calls out Jake Paul for "You are absolutely right," Holyfield said. Donald Trump is doing way more than calling a fight this weekend . Rumor has it that the larger-than-life hip-hop icon and MayBach Music founder has made a massive buy in Georgia, buying up a ridiculous 44,234-square-foot mansion built for and previously owned by boxing legend Evander Holyfield. 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. Many rooms were transformed for the latter films sequel, which was created in a suitable setting. He enjoyed a 27-year run of glory that ended with a final record of 44-10-2, according to BoxRec. Mansion has been the ideal location for two movies, Superfly and Coming 2 America. 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. football player for Diego Juniors FC. Evander Holyfield Apparently Made $5-6 Million For Getting - BroBible The Reason Evander Holyfield Lost His Money. Holyfield has 11 children with six different women, and provides ongoing financial support to them, news.com.au reported. The House That Evander Holyfield Built - Cotswold-Homes Oscar de la Hoya Sad Hospitalization Video Leaks. Rick Ross Buys Evander Holyfield's 109-Room Mansion in Georgia Evander Holyfield Apparently Made $5-6 Million For Getting Beat Down By Vitor Belfort According To Boxing Insider by Jorge Alonso September 12, 2021 10:31 am Getty Image Evander Holyfield apparently got paid very well for his two minutes inside the ring against Vitor Belfort. Holyfield was evicted from his 109-room Atlanta mansion, owing US$14m in mortgage repayments. As his net worth fell through the floor over just a couple years, the bills of a much wealthier person kept rolling in. . They did not release the earnings of these boxers to the public. Holyfield also committed to paying for the private education of all three of his children. Just like Mike Tyson, Evander Holyfield somehow managed to blow through a fortune that at one time peaked above $200 million. Regardless of age, every fighter requires an ophthalmic exam within the last 12 months and a physical exam. The home had 109 rooms, a gigantic 135 seat theater, a 100 seat dining room, and a bowling alley. And keeping such a massive space with so many amenities had many extra costs. His record: 15-40-3, 1 KO. However, he lost all his money almost as quickly as he earned it. So what does Holyfield say to those who say he shouldn't be fighting at 58? The suit threatened Holyfield with jail time if he didn't pay up. 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. 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. "Iron" Mike's November exhibition with Roy Jones Jr. -- a Triller event -- was a massive success. He finished his career at 53 years old with five losses in his final seven bouts. Evander Holyfield Net Worth | Celebrity Net Worth His career took off after he won the IBF world title in 1996. More so, he's still chasing a lucrative third fight with Tyson. The boxing career of Evander Holyfield was reborn after his release from prison. 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. . In comparison, it would cost Holyfield approximately $1 million per year to maintain its natural gasification system, with an electricity bill of around $16,000 per month. Evander Holyfield estimates he earned more than $300 million from his 57-fight career. Silva upset Julio Cesar Chavez Jr. this summer in Mexico, and now fights Ortiz, who will be making his boxing debut. In 1998, the first world heavyweight title was awarded. "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. Evander Holyfield was once thought to have earned more than $230 million in a single fight purse. Here's how, You sense the market is desperately hoping the Fed is done hiking interest rates, says Peter Boockvar. (via @OmarESPN) pic.twitter.com/wlR89gCjJC, ESPN Ringside (@ESPNRingside) September 12, 2021. Jorge is a Miami native and lifelong Heat fan. Evander Holyfield: Boxing great who 'lost everything' smiling again 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. Got a confidential news tip? He ended up selling his mansion for less than half the amount he bought it for. Women's boxing pound-for-pound rankings: Did Baumgardner do enough to overtake Serrano? Boxing matches featuring men are always three-minute rounds, and at the top level, are contested over 10 or 12 rounds. 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. His expenses kept his net worth somewhat depressed despite all that revenue. His fight against Vitor Belfort and the brand deals he will secure from it will help boost his net worth. How Rick Ross' $5.8 Million 'Coming to America' Mansion Is Paying For Rick Ross Buys Insane 109-Room Mansion From Evander Holyfield All Rights Reserved. Holyfield didn't . In 2008, the global housing market crashed, and he defaulted on his mortgage at the wrong time. "Man, they were stealing, just stealing, stealing.". According to a lawsuit Evander Holyfield recently had with Triller, hell be paid $5 million for the fight. The full extent of Holyfield's financial woes were revealed on CNBC'sBack in the Game, where baseball legend and financial success Alex Rodriguez attempts to help former athletes fight out of money troubles. Mike Tyson chomps on the ear of Evander Holyfield in the third round of their WBA heavyweight bout in Las Vegas in 1997. De La Hoya-Belfort was set to take place at Staples Center in Los Angeles.