Featured in the Eddie Murphy sequel Coming 2 America, boxing champ Evander Holyfield's one-time home in Fayetteville, Georgia, covers 44,234 square feet. he failed to pay back more than a half . How Much Did Evander Holyfield Pay For His House. How Did Evander Holyfield Lose Over $200 Million of His - Sportscasting Round-by-Round coverage: How Tommy Fury vs. Jake Paul played out, Inside the creation of Jake Paul's 'Stardust Warriors' trunks, Women's boxing divisional rankings: Thorslund, Fundora solidify spots after dominant performances, Divisional rankings: Matias, Jack make big moves after impressive wins. Catch the sneak peek, and don't miss the series premiere of "Back in the Game" Wednesday, November 6 at 10P ET on CNBC. Money, of course. In addition to sheer square footage, the hip-hop haven known as Villa Vittoriosa (meaning The Victory) weighs in with 109 rooms, 12 bedrooms, and 21 bathrooms. 2.6K. Holyfield also committed to paying for his three childrens private educations as a personal commitment. IBA prez: Russia, Belarus boxers should compete, Benn: WBC done me a 'disservice' with egg ruling, WBO orders Crawford title defense vs. Rocha, Serrano injured; rematch with Taylor postponed, Fury wins split decision to hand Paul first loss, Davis-Garcia bout finalized, moved to April 22, Sources: Taylor, Lopez agree to June 10 title bout. Holyfield (44-10-2, 29 KOs) accepted the Belfort assignment on just eight days' notice after Oscar De La Hoya tested positive for COVID. Holyfields 109-room home in Georgia is listed for sale for $5.7 million, with a bowling alley, theater, and pool included. After the fight, boxing insider Dan Rafael implied that Triller was paying Holyfield $5-6 million dollars to fight Belfort on a weeks notice. As his net worth fell through the floor over just a couple years, the bills of a much wealthier person kept rolling in. 58-year-old man dies at start of mountain bike race, Teen boys charged with murder over killing of driver in Auckland, What the alcohol industry doesn't want you to know, The Jugglenaut: How childcare became a for-profit game, Christopher Luxon promises childcare rebates for any family earning less than $180,000, Homeowner says banks offering 4.99% under the table is a 'market failure', Person who died after incident in Auckland's Beach Haven named, Guyon Espiner's last drink: 'Probably wine, but I was too drunk to remember', Disappointment and tequila: How sporting power couple Dion Nash and Bernice Mene met, Wallabies star's NZ$1.6m World Cup gamble after bar brawl shuts down Japanese club. The property includes a 16,000-square-foot main house, a 12,000-square-foot guest house, a 12-stall barn, and a five-acre lake. 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The divorces were certainly costly, but not nearly as expensive as his obligations to his children. Evander Holyfield is one of heavyweight boxings greats; He made around $230m during . He enjoyed a 27-year run of glory that ended with a final record of 44-10-2, according to BoxRec. 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. His final professional fight was on July 14, 1968, at the age of 48. Donald Trump Getting 'Obscene' Amount of Money for Calling Holyfield Fight 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. Mansion has been the ideal location for two movies, Superfly and Coming 2 America. Mayweather's weight limit was 160 pounds; Paul's was 190. UFC legends Anderson Silva and Tito Ortiz meet in a professional boxing match in the co-feature. Evander Holyfield was once thought to have earned more than $230 million in a single fight purse. "As of now the fighters are comfortable with how it stands and we're going to revisit this over the next couple of days to decide. Evander Holyfields home in Fayetteville, Georgia has been sold for $5.879 million to rapper Rick Ross. Dade Countys finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. Belfort is 14 years younger than Holyfield and looks to be in much better shape than the former champ. The Holyfield vs. Belfort live stream will be hosted by Fite TV, which is offering access to the fight for $50. "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). Evander Holyfield was once thought to have earned more than $230 million in a single fight purse. Another son, 22-year-old Evan, just made his professional boxing debut,knocking out opponent Nick Winstead in only 16 seconds. The property is located in Atlanta, Georgia and priced at $5.8 million. Just like Mike Tyson, Evander Holyfield somehow managed to blow through a fortune that at one time peaked above $200 million. It was sold at a knockdown price of US$7.5m to keep the banks off his back, The Independent reported in 2012. In 2012, Holyfield lost the home after failing to pay $14 million in debt payments. 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. Due to the immense difficulty and bodily strain of fighting in the first place, fighters earnings are often on the scale of hundreds of millions by the time they wrap up their careers. But today, he only holds a small fraction of his former net worth. ", "It's kind of hard to turn down a big sum of something when you know you can do it. The deal also required Holyfield to fund his sons future education by filling an account with $100,000. Stop the dumbass TMZ headlines please! Celebrity Net Worth notes that Holyfield earned a whopping $230 million from fight purses alone. "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. "If he had the right team behind him, he would have never lost his fortune.". Lets dive into his earnings, his expenses, and his personal history to find out. However, it's not a foregone conclusion this will be an official bout. by The 58-year-old Evander Holyfield has agreed to box Vitor Belfort on September 11 as per the reports of TMZ sports. When he lost to Mike Tyson in 2000, Holyfield was convicted of cocaine possession and beaten by his second wife. Allan Binoy is a Combat Sports Author at EssentiallySports. 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. Smith received cash and property from the 2012 divorce, including child and spousal support. "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. It has purchased foreclosed properties in recent years in order to rehabilitate them and sell them to new buyers. And he remained on the hook for that massive mortgage. 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. For a long time, Evander Holyfield, four time heavyweight champ, had the funds to live a lavish lifestyle. Rick Ross Pays for New $3.5 Million House in Cash - XXL - XXL Mag In 2014, a 54,000 square-foot mansion purchased by music mogul and entrepreneur Rick Ross was reported to have sold for $10 million. His career took off after he won the IBF world title in 1996. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. So what does Holyfield say to those who say he shouldn't be fighting at 58? At his peak, Evander Holyfield had a reported net worth of $200 million. The publication likewise says he wasn't very good at the whole gambling thing, and Holyfield went bankrupt. Fans are concerned for Evander Holyfield, who seemed to struggle on the ads during the open workouts for the media. Even if this bout proceeds as an official fight, Holyfield -- one month shy of his 59th birthday -- won't be the oldest boxer to partake in a professional fight. 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. If Holyfield was in the ring from the 90s to the early 2000s, tens of millions of dollars wouldve been headed his way. Holyfield once claimed the home cost more than $1 million annually to maintain with an electric bill reportedly costing $17,000 a month. 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. Evander Holyfields amazing 109-room Georgia home he sold to Rick Ross for 4.7m boasts bowling alley, theatre and pool https://t.co/L1SPTwOPsO, According to the Daily Mail, the 38-year-old rapper purchased the home which Evander had to sell to a bank at a public auction as part of a foreclosure for $7.5 million in 2012.. Copyright 2008-2023 BroBible. Florida, on the other hand, saw no issue. 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. Oscar de la Hoya Sad Hospitalization Video Leaks. Now, 57-year-old former champ Evander Holyfield lives in a two-bedroom. A tiered movie theater seats a staggering total of 135, and a formal dining room area can accommodate 100 guests quite comfortably. Evander Holyfield to pay $36,000 a year in child support We want to hear from you. 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. The Five Biggest Boxing Pay Days In History - Money Inc 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 . 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 . And with his kids happy, healthy, and doing well in school, Evander Holyfield couldnt be happier with where it all ended up. Holyfield reportedly spent an additional $1.5 million on furnishings and decor for the home. Evander Holyfield lost his $20 million mansion because he couldn - CNBC Allan is a semi-professional The property, which is located in Atlanta, Georgia, is worth $5.8 million. He lost by split decision to WBC champ Edwin Rosario, 23-0, in June 1984. Surely it wasn't, but it may have been a bit easier had the former champion not blown all his cash on mansions, cars, and gambling. Florida -- a Triller Fight Club pay-per-view -- after the California State Athletic . Holyfield will fight Kevin McBride in an exhibition match that has yet to be rescheduled. Yes, Holyfield is 58. Evander Holyfield reigned supreme as both a cruiserweight and a heavyweight champion. And he seems happy again. In 2014, Evander Holyfield paid $8.5 million to build a home in Atlanta, Georgia. What happened? Here's how, You sense the market is desperately hoping the Fed is done hiking interest rates, says Peter Boockvar. 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. Ross, the Lemon Pepper Lord of Lyrics, has a net worth estimated at $40 million. DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. All fighters over the age of 40 who apply for a license in Florida are subject to an eye exam, blood work, an MRI and EKG, per the commission. However, in a sport as lucrative as boxing, many fighters lose their career earnings in the blink of an eye. Boxing is one of the most lucrative sports around for the handful of fighters capable of making their way to the top. In the first round, Tyson defeated him. However, after their famous second fight, Evander Holyfield earned more than $30 million in compensation. One of his six sons is Elijah Esaias Holyfield, a footballerrepresenting the Carolina Panthers in the NFL. The fight will be contested over eight, two-minute rounds with 12-ounce gloves. 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. 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. Belfort hasn't fought since May 2018, a second-round KO loss to Lyoto Machida at UFC 224. His then-18-year-old daughter sued him for $300,000 of it. Holyfield, who retired from boxing in 2000, is now focused on his property and training business. His record: 15-40-3, 1 KO. Was it worth his pride? After suffering his first loss in boxing, what now for Jake Paul? He is currently When you examine this particular event, the confusion is even greater. Evander Holyfield is one of those fighters. To demonstrate its commitment to investing in distressed assets, the bank purchased this property. Football, basketball, boxing, it didn't matter. Regardless, the Commission will be supervising the fight.". Evander Holyfield will go down in history as the boxer that dethroned Mike Tyson. 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. The Boxing Tribunesays he dropped most of his cash betting on a variety of different sports. Silva upset Julio Cesar Chavez Jr. this summer in Mexico, and now fights Ortiz, who will be making his boxing debut. Data is a real-time snapshot *Data is delayed at least 15 minutes. READ MORE: *Chisora looking past Parker *Another win for Fa *SBW fight on hold. Mike Tyson chomps on the ear of Evander Holyfield in the third round of their WBA heavyweight bout in Las Vegas in 1997. And keeping such a massive space with so many amenities had many extra costs. A passionate learner in the world of professional writing, and an ardent Manchester United fan. Sources told ESPN Holyfield has expressed apprehension about the fight counting toward his official record. It was the only fight in his career that brought in over $100 million on its own, the infamous Holyfield vs. Tyson II fight. PrivacyAboutContactAdvertisingHave a News Tip? Meanwhile, Vitor Belfort took home a whopping $400,000 for his appearance against Evander Holyfield. Even recouping proved to be a financial loss. Holyfieldinsists he can turn his financial situation around for the sake of his 11 children. Evander Holyfield's Mansion Under Foreclosure - CNBC On Saturday night, Holyfield got absolutely demolished in his fight against the former UFC champion which ended in the first round. After all, the perils of riches lay mostly in how they're spent. Peek inside this epic slice of superstar real estate. Brutally Kicked Out Of Bank, Joe Rogan Savagely Attacked By Sister In Video, Madonna Spotted With Famous Boxer Boyfriend, Tom Brady Direct Message To Jon Jones Leaks, Oscar de la Hoya Warns Jake Paul In Video, Broken Skull Sessions extra: McIntyre, Austin debate cats vs. dogs (Video), First look at new WWE Chronicle: Kevin Owens documentary (Video), Special look at Undertakers retirement at WWE Survivor Series (Video), Goldberg challenges Roman Reigns on WWEs The Bump: Youre Next!. demolished in his fight against the former UFC champion which ended in the first round. Evander Holyfield lost his $20 million mansion because he couldn't afford the upkeep Evander Holyfield spent a huge portion of his fortune building a mansion - only to be left with no. How did Evander Holyfield lose his house . Holyfield took the fight on short notice, as The Golden Boy Oscar De La Hoya tested positive for COVID-19 and had to pull out of the fight. Everything you need to know about Evander Holyfield vs. Vitor Belfort Throughout his career, Holyfield made bank, but that's what you'd expect from a fighter of his caliber. The Englishman ended his career with seven consecutive losses, his last fight coming in December 2015. A landscaping company sued him for $550,000 for unpaid services. Evander Holyfield is one of the greats of the boxing world. Two heavyweight legends Evander Holyfield and Mike Tyson, as Holyfield is inducted into the Nevada Boxing Hall of Fame in 2014. Roman Reigns & Usos Removed From Smackdown? "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.". But there came a point when this former International Boxing Hall of Famer was losing more money than his fists could bring in. The boxing career of Evander Holyfield has been marked by highs and lows. Only he knows. You are agreeing to OutKick's Terms of Use and Privacy Policy, but don't worry we don't spam. Plus you gotta understand, they saying fight somebody who boxing ain't his thing.". "All boxers on this card have successfully met all requirements to be licensed by the Florida Athletic Commission," a spokesperson for the commission said. More so, he's still chasing a lucrative third fight with Tyson. When Holyfield sold his mansion for over $10 million to Rick Ross in 2007, it was in foreclosure. "All I know is it's a fight and they got the rules. A dedicated pro wrestling follower for more than a decade who feels fortunate to express the love for the art through writing. Email: jorge@brobible.com. The lawsuit was for a mix of back child support and unpaid maintenance. 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. When they were set to fight in Los Angeles on the same date, the fight was an exhibition. Evander Holyfield Apparently Made $5-6 Million For Getting - BroBible 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 . The wealthy businessman made a killing when he purchased the opulent estate for $5.8 million. The biggest monetary problem for Holyfield turned out to be the massive mansion that he bought for $10 million. He ended up selling his mansion for less than half the amount he bought it for. While the payout made this fight a big deal, it isn't what made it the most famous and well-known fight in history. "I've had no money to pay lawyers and had to fight on my own in court and that ain't easy." The pay-per-view begins at 8 p.m. Vitor Belforts pressure proved to be too much for Evander Holyfield. Evander Holyfield Net Worth | Celebrity Net Worth 58-year-old Evander Holyfield will take on Vitor The Phenom Belfort. 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. The true price was even higher, however. Rapper Rick Ross purchased the home in 2014. Donald Trump is doing way more than calling a fight this weekend . Holyfield was evicted from his 109-room Atlanta mansion, owing US$14m in mortgage repayments. Women's boxing pound-for-pound rankings: Did Baumgardner do enough to overtake Serrano? Everything you need to know about Evander Holyfield vs. Vitor Belfort, The triumph of Michael B. Jordan and Jonathan Majors in Creed III. Many rooms were transformed for the latter films sequel, which was created in a suitable setting. Rick Ross Buys Insane 109-Room Mansion From Evander Holyfield Holyfield sold it to the bank in 12 under foreclosure lol.. How can a house regardless of price or size be insane? Jorge is a Miami native and lifelong Heat fan. 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. According to Celebrity Net Worth Holyfield earned a whopping $230 million from fight purses alone. First, an ongoing divorce settlement wrapped up after he bought his home. According to Celebrity Net Worth Holyfield earned a whopping $230 million from fight purses alone. In 1998, Holyfield paid $8.1 million for a 54,000-square-foot mansion in Atlanta. 2023 CNBC LLC. . The event never happened, leading to a contractual dispute between Holyfield and Triller. His total earnings were around half a million dollars, including brand deals. 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? 9/9/2021 1:00 AM PT. According to a lawsuit Evander Holyfield recently had with Triller, hell be paid $5 million for the fight. Evander Holyfield is one of those fighters. "I used to be foolish, but I ain't foolish no more.". . In February 2009, Evander Holyfields 54,000 square-foot estate in Fayetteville, Georgia, was sold at auction for $7.5 million to a group of investors. How Much Did Evander Holyfield Make For His Boxing Return Against When Holyfield went broke in 2012, he owed about $500,000 in child support. June 6, 2021, 5:50 pmupdated June 7, 2021, 6:18 am Given the FAC's decision, Holyfield has completed this evaluation. Copyright 2023 Endgame360 Inc. All Rights Reserved. The cost includes unlimited replays for all fights in the event until Dec. 11, so . The home, which Holyfield lost due to foreclosure a year prior, has a. After the former heavyweight champion had to sell his 45,000-square-foot mansion to a bank for $7.5 million, it went back on the market for $8. The whole thing's about protection. football player for Diego Juniors FC. There is no reason why we cannot achieve this, according to 36-year-old Andy. def. 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. In total, Holyfield married three women and was divorced twice. 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. Owing nearly $15 million on the property with no end to his debt in site, Holyfield sold the absolutely massive Fayetteville mansionconsidered the largest single-family home in the state of Georgiato a bank in 2012 for $7.5 million. He had extraordinary longevity, sticking it out for 26 years before retiring at 51 years old. But after retirement, athletes across all sports regularly end up in financially compromised situations. All Rights Reserved. The property is located in Atlanta, Georgia and priced at $5.8 million. When Floyd Mayweather-Logan Paul met in an exhibition match in June, a fight supervised by the FAC, there was no official winner and no judges. He announced his retirement after the bout. He finished his career at 53 years old with five losses in his final seven bouts. A legal notice from Washington Mutual Bank in June of 2008 revealed that the 54,000 . The Real Winners and Losers from the Evander Holyfield-Vitor Belfort 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. At 58 years old, Evander Holyfield is returning to the boxing ring to face MMA legend Vitor Belfort. "When you don't have others looking out for you, everybody's taking something for themself. During his career Holyfield earned an estimated $230 million in. The mansion came to market shortly thereafter for $8.2 million and was offered for as low as $7.89 million before hitting the auction block in November 2013 with a starting bid of just $2.5 million. Evander Holyfield will face Vitor Belfort on 11 September at the Seminole Hard Rock Casino in Hollywood, Florida. BroBible is the #1 place on the internet for the very best content from the worlds of sports, culture, gear, high tech, and more. Holyfield has 11 children with six different women, and provides ongoing financial support to them, news.com.au reported. . Published: January 6 2014 22:05. 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. He lost the title to Mike Tyson in a second fight after winning it the first time. Full Spectrum Services LLP 2022 | All Rights Reserved. The companys purchase of the Holyfield property shows its commitment to investing in distressed assets. Known as the 'Real Deal', Holyfieldalso famously had part of his ear bitten off by Tyson during their title fight in 1997. His expenses kept his net worth somewhat depressed despite all that revenue. Get the Daily OutKick and get smarter every day. "Iron" Mike's November exhibition with Roy Jones Jr. -- a Triller event -- was a massive success. That distinction belongs to Steve Ward, whose final fight came months before his 60th birthday. Ronda Rousey Painful Health Rumor Revealed, Donald Trump Jr. Back in 2014, Rick Ross bought legendary boxer Evander Holyfield's mansion in Fayatteville, Ga. for $10 million. Evander Holyfield, a world boxing champion and the greatest boxer of all time, has sold a 109-room mansion to Dade Countys most famous rapper, Rick Ross. It remains to be seen how safe it is for a 58-year-old to compete. "You are absolutely right," Holyfield said. 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.