"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.". 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. The publication likewise says he wasn't very good at the whole gambling thing, and Holyfield went bankrupt. Rapper Rick Ross purchased the home in 2014. Vitor Belforts pressure proved to be too much for Evander Holyfield. he failed to pay back more than a half . 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. Basically, the boxer had more kids and ex-wives than he could reasonably afford. The home was said by Daily Mailto cost Holyfield a solid $1 million per year, and that's just in taxes and upkeep. Evander Holyfields net worth has been reduced by half as a result of his mortgage default. The Boxing Tribunesays he dropped most of his cash betting on a variety of different sports. 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. 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. It has purchased foreclosed properties in recent years in order to rehabilitate them and sell them to new buyers. UFC legends Anderson Silva and Tito Ortiz meet in a professional boxing match in the co-feature. The property includes a basketball court, a tennis court, a gym, a pool and a home theater. In July of 1988 . "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. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. Where did $312 million go? Boxing champ Evander Holyfield on his lost That was Belfort's fourth loss in six Octagon appearances. "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). 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. "This is the first time my kids ever told me 'Dad, you don't need to be getting hit,'" Holyfield said. 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. foot guest house, a 12-stall barn, and a five-acre lake. With lawsuits and penalties to the IRS, Holyfields net worth drastically dropped until it stabilized at around $500,000. He spent $5.8 million on the Georgia estate he purchased from Evander Holyfield, which included 109 rooms. Evander Holyfield will face Vitor Belfort on 11 September at the Seminole Hard Rock Casino in Hollywood, Florida. 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. Everything you need to know about Evander Holyfield vs. Vitor Belfort 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. ", "It's kind of hard to turn down a big sum of something when you know you can do it. On the boxer severity index, created by former Nevada commission chief executive director Dr. Flip Homansky -- and utilized by the Association of Boxing Commissions -- Holyfield registers a plus-4. 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. 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. by His expenses kept his net worth somewhat depressed despite all that revenue. When he lost to Mike Tyson in 2000, Holyfield was convicted of cocaine possession and beaten by his second wife. How Much Did Evander Holyfield Pay For His House. Copyright 2008-2023 BroBible. 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. He finished his career at 53 years old with five losses in his final seven bouts. His liabilities from his period bloomed into various directions as his creditors came knocking. The wealthy businessman made a killing when he purchased the opulent estate for $5.8 million. . The lawsuit was for a mix of back child support and unpaid maintenance. Holyfield didn't . Evander Holyfield by TKO, 1: . Everything you need to know about Evander Holyfield vs. Vitor Belfort, The triumph of Michael B. Jordan and Jonathan Majors in Creed III. Just like Mike Tyson, Evander Holyfield somehow managed to blow through a fortune that at one time peaked above $200 million. However, he lost all his money almost as quickly as he earned it. But today, he only holds a small fraction of his former net worth. Report: Rick Ross Buys Evander Holyfield's Mansion - realtor.com The mansion, which Holyfield had originally put on the market for $10 million, had been foreclosed on in 2008. Roman Reigns & Usos Removed From Smackdown? Money, of course. Evander Holyfield is one of those fighters. 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Evander Holyfield's Mansion Under Foreclosure - CNBC "I've had no money to pay lawyers and had to fight on my own in court and that ain't easy." It ended up going for half of what 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. DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. His record: 15-40-3, 1 KO. Holyfield once claimed the home cost more than $1 million annually to maintain with an electric bill reportedly costing $17,000 a month. 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. Today that would be about $52,400,000. A dedicated pro wrestling follower for more than a decade who feels fortunate to express the love for the art through writing. Evander Holyfield had to sell 109-room mansion to Rick Ross after Holyfield told the programme: "It is hard to fall down, and I kind of feel like everything is too late. Evander Holyfield spent a huge portion of his fortune building a mansion only to be left with no funds to maintain it. 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. 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. "All I know is it's a fight and they got the rules. 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. How did Evander Holyfield lose his house . Holyfield vs. Belfort fight results: Ex-MMA star knocks out Evander The Holyfield vs. Belfort live stream will be hosted by Fite TV, which is offering access to the fight for $50. 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. These Sports Stars Blew Millions. You Won't Believe How "If he had the right team behind him, he would have never lost his fortune.". 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. 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. He announced his retirement after the bout. Dade Countys finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. Evander Holyfield will return to the ring Saturday against a legendary mixed martial artist, former UFC light heavyweight champion Vitor Belfort. Get the Daily OutKick and get smarter every day. Boxing is one of the most lucrative sports around for the handful of fighters capable of making their way to the top. That distinction belongs to Steve Ward, whose final fight came months before his 60th birthday. He is currently 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. 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. Mike Tyson chomps on the ear of Evander Holyfield in the third round of their WBA heavyweight bout in Las Vegas in 1997. Holyfields 109-room home in Georgia is listed for sale for $5.7 million, with a bowling alley, theater, and pool included. Gambling related content is not intended for anyone under the age of 21. Throughout his career, Holyfield made bank, but that's what you'd expect from a fighter of his caliber. So what does Holyfield say to those who say he shouldn't be fighting at 58? The boxing career of Evander Holyfield has been marked by highs and lows. "All boxers on this card have successfully met all requirements to be licensed by the Florida Athletic Commission," a spokesperson for the commission said. Holyfield owed the IRS twice as much money, with his plight hitting the headlines . Evander Holyfield reigned supreme as both a cruiserweight and a heavyweight champion. 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. 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 . What happened? How Did the 1976 & 1984 USA Olympians Do As Pro's? When Holyfield went broke in 2012, he owed about $500,000 in child support. "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.
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