Vitor Belforts pressure proved to be too much for Evander Holyfield. 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. "At least I'm fighting somebody that I know I can protect myself [against]. It ended up going for half of what he bought it for. 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. 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. He reportedly paid $10 million for a 54,000-square-foot house in Fayetteville, Georgia, in 2014. Given the FAC's decision, Holyfield has completed this evaluation. Meanwhile, Vitor Belfort took home a whopping $400,000 for his appearance against Evander Holyfield. 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. Fournier, a part-time boxer, scored a knockout of musical artist Reykon in April on the Jake Paul-Ben Askren undercard. Stop the dumbass TMZ headlines please! 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 . 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. That distinction belongs to Steve Ward, whose final fight came months before his 60th birthday. Three divorce settlements quickly slashed his net worth in half, along with child support payments to eleven children by six different women. The wealthy businessman made a killing when he purchased the opulent estate for $5.8 million. Vitor Belforts Professional Boxing Record: Has He Boxed Before? According to a lawsuit Evander Holyfield recently had with Triller, hell be paid $5 million for the fight. They did not release the earnings of these boxers to the public. Donald Trump is doing way more than calling a fight this weekend . Holyfield has 11 children from five different mothers, according to the Independent. Evander Holyfield's Net Worth in 2021: Is He Still Rich? It remains to be seen how safe it is for a 58-year-old to compete. And that was in 2006, a first-round KO victory in his native Brazil. DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. 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. Plus you gotta understand, they saying fight somebody who boxing ain't his thing.". "It's a fight, the rules are the same," Holyfield said when asked if it would be an exhibition. Sources told ESPN Holyfield has expressed apprehension about the fight counting toward his official record. Other financial losses came from Evander Holyfield's home life. 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. Today that would be about $52,400,000. However, in a sport as lucrative as boxing, many fighters lose their career earnings in the blink of an eye. A dedicated pro wrestling follower for more than a decade who feels fortunate to express the love for the art through writing. "All I know is it's a fight and they got the rules. The Englishman ended his career with seven consecutive losses, his last fight coming in December 2015. The mansion stands at 45,000 square feet and is situated on more than 235 acres. His expenses kept his net worth somewhat depressed despite all that revenue. Report: Rick Ross Buys Evander Holyfield's Mansion - realtor.com Rodriguez said Holyfield was let down by the people around him during his fighting days. Throughout his career, Holyfield made bank, but that's what you'd expect from a fighter of his caliber. 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. After the fight, boxing insider Dan Rafael implied that Triller was paying Holyfield $5-6 million dollars to fight Belfort on a weeks notice. Evander Holyfield reigned supreme as both a cruiserweight and a heavyweight champion. It was the only fight in his career that brought in over $100 million on its own, the infamous Holyfield vs. Tyson II fight. "All boxers on this card have successfully met all requirements to be licensed by the Florida Athletic Commission," a spokesperson for the commission said. Evander Holyfield lost his $20 million mansion because he couldn - CNBC He spent $5.8 million on the Georgia estate he purchased from Evander Holyfield, which included 109 rooms. He was a champion whose professional career endured from 1984 until his final fight against Sherman Williams in 2011, when Holyfield was 48 years old. Holyfield was evicted from his 109-room Atlanta mansion, owing US$14m in mortgage repayments. Holyfield, boxing's only four-time world heavyweight champion, formally announced his retirement from the ring last year, at the age of 51. Tour Evander Holyfield's Former Mansion. 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. Jorge is a Miami native and lifelong Heat fan. Everything you need to know about Evander Holyfield vs. Vitor Belfort However, he lost all his money almost as quickly as he earned it. One of his six sons is Elijah Esaias Holyfield, a footballerrepresenting the Carolina Panthers in the NFL. Tour Evander Holyfield's Former Mansion - HGTV def. 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. Evander Holyfield was once thought to have earned more than $230 million in a single fight purse. Get this delivered to your inbox, and more info about our products and services. B/R's combat sports team was in the house for "Triller . Belfort is 14 years younger than Holyfield and looks to be in much better shape than the former champ. Holyfield, boxing's only four-time world heavyweight champion, formally announced his retirement from the ring last year, at the age of 51. "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. READ MORE: *Chisora looking past Parker *Another win for Fa *SBW fight on hold. Full Spectrum Services LLP 2022 | All Rights Reserved. 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. 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!. 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. I do what I have to do.". 2023 CNBC LLC. 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. 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. Many rooms were transformed for the latter films sequel, which was created in a suitable setting. Outkick is a company that produces videos. All Rights Reserved. I know all the things that's necessary to be safe. The $230m he earned over a. A passionate learner in the world of professional writing, and an ardent Manchester United fan. Evander Holyfield's Mansion Under Foreclosure - CNBC ", "It's kind of hard to turn down a big sum of something when you know you can do it. The 54,000 square-foot mansion is also the largest in Georgia. Evander Holyfield will go down in history as the boxer that dethroned Mike Tyson. 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. To demonstrate its commitment to investing in distressed assets, the bank purchased this property. Fighters 154 pounds and above typically wear 10-ounce gloves. Ronda Rousey Painful Health Rumor Revealed, Donald Trump Jr. When the housing crisis hit in 2008, Holyfield had to sell his house for less than half of what he paid for it. The home had 109 rooms, a gigantic 135 seat theater, a 100 seat dining room, and a bowling alley. 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. Data is a real-time snapshot *Data is delayed at least 15 minutes. BroBible is the #1 place on the internet for the very best content from the worlds of sports, culture, gear, high tech, and more. The suit threatened Holyfield with jail time if he didn't pay up. 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. demolished in his fight against the former UFC champion which ended in the first round. 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. 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. Evander Holyfield to pay $36,000 a year in child support Evander Holyfield vs. Vitor Belfort: Preview, fight prediction, picks Gambling related content is not intended for anyone under the age of 21. Published: January 6 2014 22:05. Holyfield has 11 children with six different women, and provides ongoing financial support to them, news.com.au reported. 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. 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. That's what a tough chin and hard hands will get you. Does Rick Ross own a multi-million dollar mansion in Georgia? pursuing a bachelor's degree in English Literature. Evander Holyfield was once thought to have earned more than $230 million in a single fight purse. 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 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. Holyfield also committed to paying for his three childrens private educations as a personal commitment. De La Hoya-Belfort was set to take place at Staples Center in Los Angeles. Catch the sneak peek, and don't miss the series premiere of "Back in the Game" Wednesday, November 6 at 10P ET on CNBC. These Sports Stars Blew Millions. You Won't Believe How The home, which Holyfield lost due to foreclosure a year prior, has a. In his prime, Holyfield was a massive draw which meant his per-fight revenue was extremely high. Evander Holyfield Paycheck For Belfort Fight Leaks - Wrestling-Edge 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. "I used to be foolish, but I ain't foolish no more.". How did Evander Holyfield lose all his money? | News | Fans Share Evander Holyfield vs. Vitor Belfort -- Round 1: Holyfield opened up with a few jabs as Belfort circled with his guard up high. 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. 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 . In 2012, Holyfield lost the home after failing to pay $14 million in debt payments. 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. When they were set to fight in Los Angeles on the same date, the fight was an exhibition. How Much Did Evander Holyfield Make For His Boxing Return Against The true price was even higher, however. A tiered movie theater seats a staggering total of 135, and a formal dining room area can accommodate 100 guests quite comfortably. In 1998, Evander Holyfield paid $11.4 million for a 114-acre estate in Fayetteville, Georgia. A landscaping company sued him for $550,000 for unpaid services. Mansion has been the ideal location for two movies, Superfly and Coming 2 America. The companys purchase of the property is a sign of its commitment to investing in distressed assets. 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. When you examine this particular event, the confusion is even greater. Holyfield sold it to the bank in 12 under foreclosure lol.. How can a house regardless of price or size be insane? Trump Talked as Holyfield Got Pummeled. Just Another Day in Boxing's The 58-year-old Evander Holyfield has agreed to box Vitor Belfort on September 11 as per the reports of TMZ sports. Mayweather's weight limit was 160 pounds; Paul's was 190. 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. He had extraordinary longevity, sticking it out for 26 years before retiring at 51 years old. 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 competed in boxing till the age of 48 years, with his last professional bout coming against Brian Nielsen back in May of 2011. He defaulted on his mortgage at exactly the wrong time. We want to hear from you. 3 Comments. foot guest house, a 12-stall barn, and a five-acre lake. Today, his wealth is stabilized at around $500,000. Evander Holyfield spent a huge portion of his fortune building a mansion only to be left with no funds to maintain it. In total, Holyfield married three women and was divorced twice. The pay-per-view begins at 8 p.m. The House That Evander Holyfield Built - Cotswold-Homes 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. What happened? Evander Holyfield Tossed out of His Private White House Money, of course. In addition to an in-house bowling alley, the home is about as close to a sportsmans paradise as one will find. How did Evander Holyfield lose his house? - Sportskeeda Everything you need to know about Evander Holyfield vs. Vitor Belfort, The triumph of Michael B. Jordan and Jonathan Majors in Creed III. The deal also required Holyfield to fund his sons future education by filling an account with $100,000. 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. Even recouping proved to be a financial loss. Oscar de la Hoya Sad Hospitalization Video Leaks. The $230m he earned over a. 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. Email: jorge@brobible.com. 9/9/2021 1:00 AM PT. Football, basketball, boxing, it didn't matter. Evander Holyfields net worth has been reduced by half as a result of his mortgage default. How did Evander Holyfield lose all his money? PrivacyAboutContactAdvertisingHave a News Tip? And with his kids happy, healthy, and doing well in school, Evander Holyfield couldnt be happier with where it all ended up. 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. The fight will be contested over eight, two-minute rounds with 12-ounce gloves. Holyfield once claimed the home cost more than $1 million annually to maintain with an electric bill reportedly costing $17,000 a month. "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. Evander Holyfield estimates he earned more than $300 million from his 57-fight career. 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. football player for Diego Juniors FC. The Holyfield vs. Belfort live stream will be hosted by Fite TV, which is offering access to the fight for $50. https://t.co/6f7eB955Xr, Mark Ortega (@MarkEOrtega) September 12, 2021, Brobible sports editor. The boxing career of Evander Holyfield has been marked by highs and lows. However, after their famous second fight, Evander Holyfield earned more than $30 million in compensation. His then-18-year-old daughter sued him for $300,000 of it. 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. But after retirement, athletes across all sports regularly end up in financially compromised situations. California, which has more stringent regulations, declined to license Holyfield to fight, whether it was in an exhibition or an official fight. Fighting Lopez creates a better opportunity for Taylor, but can he beat him? Florida -- a Triller Fight Club pay-per-view -- after the California State Athletic . "If he had the right team behind him, he would have never lost his fortune.". Holyfield didn't . However, a story on Rolling Out revealed that one of the rappers contemporaries, Meek Mill, posted a picture of his friends purchase on Instagram. Evander Holyfields home in Fayetteville, Georgia has been sold for $5.879 million to rapper Rick Ross. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. Rick Ross Buys Insane 109-Room Mansion From Evander Holyfield So, what does Rosss new home have to offer? All rights reserved. Holyfield also committed to paying for the private education of all three of his children. 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. Two heavyweight legends Evander Holyfield and Mike Tyson, as Holyfield is inducted into the Nevada Boxing Hall of Fame in 2014. 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. . Belfort was slated to fight De La Hoya at a catchweight of 190 pounds, so now he doesn't have to worry about cutting weight. Holyfield's Heavyweight Manse Sells For Measly $5.8M Evander Holyfield is one of the greats of the boxing world. 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. 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. Dade County's finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. Holyfields 109-room home in Georgia is listed for sale for $5.7 million, with a bowling alley, theater, and pool included. Built in 1994, the estate was originally the home of heavyweight champion Evander Holyfield. When Holyfield sold his mansion for over $10 million to Rick Ross in 2007, it was in foreclosure. His third wife, Candi Calvana Smith, filed a restraining order against Holyfield in 2010 after he allegedly assaulted her in front of the children during a heated argument. Rick Ross spends $5.8 million for Evander Holyfield's Georgia mansion More families mean more money, and Holyfield has several families. But why fight at all if you're Holyfield? He finished his career at 53 years old with five losses in his final seven bouts. He has been covering the NBA, MLB and NFL professionally for almost 10 years, specializing in digital media. Evander Holyfield: Boxing great who 'lost everything' smiling again How Did the 1976 & 1984 USA Olympians Do As Pro's? A bowling alley, a movie theater, and a movie theatre are among the attractions at Rick Ross mansion, which has 109 rooms. June 6, 2021, 5:50 pmupdated June 7, 2021, 6:18 am Was it worth his pride? Ross Rolls Royce Phantom Drophead Coupe, which is housed in the massive garage, is the ideal vehicle for the massive garage. Rick Ross Buys Evander Holyfield's 109-Room Mansion in Georgia Evander Holyfield: Boxing great who 'lost everything' smiling again "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. 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. At his peak, Evander Holyfield had a reported net worth of $200 million. The property includes a basketball court, a tennis court, a gym, a pool and a home theater. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER. That was Belfort's fourth loss in six Octagon appearances. While the payout made this fight a big deal, it isn't what made it the most famous and well-known fight in history. Now, 57-year-old former champ Evander Holyfield lives in a two-bedroom. 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. Evander Holyfield is one of heavyweight boxings greats; He made around $230m during . Evander Holyfield will face Vitor Belfort on 11 September at the Seminole Hard Rock Casino in Hollywood, Florida. TMZ.com. arrivals in the venue shortly after 6 p.m.an hour before the pay-per-view broadcast got started. It has purchased foreclosed properties in recent years in order to rehabilitate them and sell them to new buyers. Rapper Rick Ross purchased the home in 2014. He ended up selling his mansion for less than half the amount he bought it for. Roman Reigns & Usos Removed From Smackdown? The child support is really where the boxer's family debt began to get out of hand. Regardless of age, every fighter requires an ophthalmic exam within the last 12 months and a physical exam. Smith received cash and property from the 2012 divorce, including child and spousal support. Holyfieldinsists he can turn his financial situation around for the sake of his 11 children. . Evander Holyfield's loss is Rick Ross' gain. 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. Evander Holyfield in his prime was a massive draw in boxing. Holyfield also went through three divorces. With lawsuits and penalties to the IRS, Holyfields net worth drastically dropped until it stabilized at around $500,000.