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. Does Rick Ross own a multi-million dollar mansion in Georgia? 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. Holyfield will step into the ring after more than a decade of inactivity. His final professional fight was on July 14, 1968, at the age of 48. According to a lawsuit Evander Holyfield recently had with Triller, hell be paid $5 million for the fight. Holyfield was forced to sell his $10 million 109-room mansion for $7.5 million, which barely covered his debts. Built in 1994, the estate was originally the home of heavyweight champion Evander Holyfield. He was 13-0 when he lost to WBC World Light champ Jim Watt, 36-7, in Glasgow, Scotland, in June of 1980. Today, Evander Holyfields reported net worth is $1 million, a fraction of what it was at his peak. 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 suit threatened Holyfield with jail time if he didn't pay up. The publication likewise says he wasn't very good at the whole gambling thing, and Holyfield went bankrupt. "It's a fight, the rules are the same," Holyfield said when asked if it would be an exhibition. 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. At his peak, Evander Holyfield had a reported net worth of $200 million. Then De La Hoya contracted COVID just days before his fight with Belfort, opening the door for Holyfield to step in, solving two issues at once. "We have approved this as a full pro bout," the commission said. The 58-year-old Evander Holyfield has agreed to box Vitor Belfort on September 11 as per the reports of TMZ sports. For one, he's making multiple millions, sources told ESPN. "All boxers on this card have successfully met all requirements to be licensed by the Florida Athletic Commission," a spokesperson for the commission said. 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. Holyfield also committed to paying for the private education of all three of his children. His fight against Vitor Belfort and the brand deals he will secure from it will help boost his net worth. TV News / Jon Galt. 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. Vitor Belfort stops Evander Holyfield in first, calls out Jake Paul for Evander Holyfield to pay $36,000 a year in child support 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. We want to hear from you. The House That Evander Holyfield Built - Cotswold-Homes 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 is 14 years younger than Holyfield and looks to be in much better shape than the former champ. Holyfield has 11 children from five different mothers, according to the Independent. 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 . Data is a real-time snapshot *Data is delayed at least 15 minutes. But blind opulence such as this does come at a cost, and Ross better come prepared to cut sizable monthly checks. A legal notice from Washington Mutual Bank in June of 2008 revealed that the 54,000 . def. The boxing career of Evander Holyfield was reborn after his release from prison. California, which has more stringent regulations, declined to license Holyfield to fight, whether it was in an exhibition or an official fight. Holyfield owed the IRS twice as much money, with his plight hitting the headlines . In 2014, Evander Holyfield paid $8.5 million to build a home in Atlanta, Georgia. Holyfield threw a left hook and Belfort stepped inside with. 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. Get the Daily OutKick and get smarter every day. Back in 2014, Rick Ross bought legendary boxer Evander Holyfield's mansion in Fayatteville, Ga. for $10 million. Throughout his career, Holyfield made bank, but that's what you'd expect from a fighter of his caliber. Meanwhile, Vitor Belfort took home a whopping $400,000 for his appearance against Evander Holyfield. 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. Donald Trump Getting 'Obscene' Amount of Money for Calling Holyfield Fight 2.6K. The child support is really where the boxer's family debt began to get out of hand. he failed to pay back more than a half . 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. "At least I'm fighting somebody that I know I can protect myself [against]. With lawsuits and penalties to the IRS, Holyfields net worth drastically dropped until it stabilized at around $500,000. 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. When Holyfield sold his mansion for over $10 million to Rick Ross in 2007, it was in foreclosure. Got a confidential news tip? Today that would be about $52,400,000. 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. In 1998, the first world heavyweight title was awarded. Rick Ross spends $5.8 million for Evander Holyfield's Georgia mansion Evander Holyfield's Mansion Under Foreclosure - CNBC 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. Money, of course. To demonstrate its commitment to investing in distressed assets, the bank purchased this property. The companys purchase of the Holyfield property shows its commitment to investing in distressed assets. 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. Everything you need to know about Evander Holyfield vs. Vitor Belfort, The triumph of Michael B. Jordan and Jonathan Majors in Creed III. 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. 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. His expenses kept his net worth somewhat depressed despite all that revenue. Ross Rolls Royce Phantom Drophead Coupe, which is housed in the massive garage, is the ideal vehicle for the massive garage. 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. 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. Regardless of age, every fighter requires an ophthalmic exam within the last 12 months and a physical exam. At 58 years old, Evander Holyfield is returning to the boxing ring to face MMA legend Vitor Belfort. 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. For a long time, Evander Holyfield, four time heavyweight champ, had the funds to live a lavish lifestyle. All rights reserved. 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. It has purchased foreclosed properties in recent years in order to rehabilitate them and sell them to new buyers. However, he lost all his money almost as quickly as he earned it. Evander Holyfield reigned supreme as both a cruiserweight and a heavyweight champion. His total earnings were around half a million dollars, including brand deals. 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. . Evander Holyfield will return to the ring Saturday against a legendary mixed martial artist, former UFC light heavyweight champion Vitor Belfort. He has been covering the NBA, MLB and NFL professionally for almost 10 years, specializing in digital media. Florida -- a Triller Fight Club pay-per-view -- after the California State Athletic . According to Rozay, the 105-acre home, which is located on land, has become a tourist destination. Indeed, Belfort is a 44-year-old who has had only one pro boxing match. 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. 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. However, a story on Rolling Out revealed that one of the rappers contemporaries, Meek Mill, posted a picture of his friends purchase on Instagram. Rick Ross Buys Evander Holyfield's 109-Room Mansion in Georgia 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. But there came a point when this former International Boxing Hall of Famer was losing more money than his fists could bring in. The cost includes unlimited replays for all fights in the event until Dec. 11, so . football player for Diego Juniors FC. In the famed ear-damaging fight against Tyson alone, Holyfield brought home a massive $35 million, according to Atlanta Magazine, which is several times more than most Americans will make in their lifetime. The mansion stands at 45,000 square feet and is situated on more than 235 acres. by Rapper Rick Ross purchased the home in 2014. BBCestimates the Holyfield made nearly a quarter of a billion dollars over the course of his boxing career. "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 they were set to fight in Los Angeles on the same date, the fight was an exhibition. 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. 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? ET. You are agreeing to OutKick's Terms of Use and Privacy Policy, but don't worry we don't spam. Holyfield vs. Belfort PPV Price: How Much Does The Fight Cost? 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. Holyfield reportedly spent an additional $1.5 million on furnishings and decor for the home. Both fighters also weren't supposed to push for a knockout. Catch the sneak peek, and don't miss the series premiere of "Back in the Game" Wednesday, November 6 at 10P ET on CNBC. Holyfield also committed to paying for his three childrens private educations as a personal commitment. How Did the 1976 & 1984 USA Olympians Do As Pro's? 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. All Rights Reserved. Sign up for free newsletters and get more CNBC delivered to your inbox. Two heavyweight legends Evander Holyfield and Mike Tyson, as Holyfield is inducted into the Nevada Boxing Hall of Fame in 2014. Fighters 154 pounds and above typically wear 10-ounce gloves. Other financial losses came from Evander Holyfield's home life. The Boxing Tribunesays he dropped most of his cash betting on a variety of different sports. 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.. Many rooms were transformed for the latter films sequel, which was created in a suitable setting. Outkick is a company that produces videos. A post shared by Evander Holyfield (@evanderholyfield). By Ivan G. Goldman What are we to make of the news that financially besieged Evander Holyfield has been ejected from his 54,000-square-foot mega-mansion . He spent $5.8 million on the Georgia estate he purchased from Evander Holyfield, which included 109 rooms. "I've had no money to pay lawyers and had to fight on my own in court and that ain't easy." His total earnings were around half a million dollars, including brand deals. The Holyfield vs. Belfort live stream will be hosted by Fite TV, which is offering access to the fight for $50. Tour Evander Holyfield's Former Mansion - HGTV 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. How did Evander Holyfield lose his house . Known as the 'Real Deal', Holyfieldalso famously had part of his ear bitten off by Tyson during their title fight in 1997. He lost the title to Mike Tyson in a second fight after winning it the first time. 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Holyfield, who retired from boxing in 2000, is now focused on his property and training business. Donald Trump is doing way more than calling a fight this weekend . 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!. 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 . Evander Holyfield vs. Vitor Belfort -- Round 1: Holyfield opened up with a few jabs as Belfort circled with his guard up high. 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. I know all the things that's necessary to be safe. 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. "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. Lets dive into his earnings, his expenses, and his personal history to find out. Holyfieldcontinues to earn around $100,000 per month through personal appearances but that vast wealth vanished through reckless spending, bad business deals and even worse financial advice, news.com.au reported. "[I want to]pass this onto my kids, where they won't have to worry about the same thing," Holyfieldtold CNBC. TMZ.com. His wealth was quickly slashed in two, and he agreed to $36,000 in yearly payments for child support. In 2008, the global housing market crashed, and he defaulted on his mortgage at the wrong time. Evander Holyfield Tossed out of His Private White House foot guest house, a 12-stall barn, and a five-acre lake. 2023 CNBC LLC. Rick Ross Buys Insane 109-Room Mansion From Evander Holyfield Trump Talked as Holyfield Got Pummeled. Just Another Day in Boxing's That was Belfort's fourth loss in six Octagon appearances. 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The home was said by Daily Mail to cost Holyfield a solid $1 million per year, and that's just in taxes and upkeep. 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. The home had 109 rooms, a gigantic 135 seat theater, a 100 seat dining room, and a bowling alley. More so, he's still chasing a lucrative third fight with Tyson. 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. De La Hoya-Belfort was set to take place at Staples Center in Los Angeles. He had extraordinary longevity, sticking it out for 26 years before retiring at 51 years old. pursuing a bachelor's degree in English Literature. 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. The biggest monetary problem for Holyfield turned out to be the massive mansion that he bought for $10 million. In July of 1988 . 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 . 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. Even recouping proved to be a financial loss. How Rick Ross' $5.8 Million 'Coming to America' Mansion Is Paying For The whole thing's about protection. 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. A bowling alley, a movie theater, and a movie theatre are among the attractions at Rick Ross mansion, which has 109 rooms. PrivacyAboutContactAdvertisingHave a News Tip? The mansion has been among the sources of the boxer's. DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. 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. However, after their famous second fight, Evander Holyfield earned more than $30 million in compensation. I do what I have to do.". June 6, 2021, 5:50 pmupdated June 7, 2021, 6:18 am The Englishman ended his career with seven consecutive losses, his last fight coming in December 2015. 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. 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. 3 Comments. https://t.co/6f7eB955Xr, Mark Ortega (@MarkEOrtega) September 12, 2021, Brobible sports editor. "This is the first time my kids ever told me 'Dad, you don't need to be getting hit,'" Holyfield said. 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. Dan Rafael (@DanRafael1) September 12, 2021. The property, which is located in Atlanta, Georgia, is worth $5.8 million. Smith received cash and property from the 2012 divorce, including child and spousal support. Evander Holyfield will go down in history as the boxer that dethroned Mike Tyson. 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. Holyfield won Olympic bronze at the 1984 Games as a light heavyweight before he became the greatest cruiserweight champion in boxing history. After the fight, boxing insider Dan Rafael implied that Triller was paying Holyfield $5-6 million dollars to fight Belfort on a weeks notice. And he seems happy again. Holyfield and Belfort will compete at heavyweight, the unlimited weight class. Report: Rick Ross Buys Evander Holyfield's Mansion - realtor.com Holyfield vs. Belfort fight results: Ex-MMA star knocks out Evander 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. The mansion has become a significant example of Georgian real estate due to its unparalleled features and recreational facilities. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. What happened? He defaulted on his mortgage at exactly the wrong time. His spending habits extended beyond simple overspending and into the high-adrenaline world of risk-taking thrills. It was sold at a knockdown price of US$7.5m to keep the banks off his back, The Independent reported in 2012. 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. 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. He enjoyed a 27-year run of glory that ended with a final record of 44-10-2, according to BoxRec. 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. Only he knows. Lets go inside Rick Ross stunning home in New York. In the former heavyweight champ's case, the risk outweighed the rewards by a large margin. BroBible is the #1 place on the internet for the very best content from the worlds of sports, culture, gear, high tech, and more. Holyfields 109-room home in Georgia is listed for sale for $5.7 million, with a bowling alley, theater, and pool included. In the photo below, therap mogul is seen lording over the grand double-staircase in the mansions foyer. In 1998, Holyfield paid $8.1 million for a 54,000-square-foot mansion in Atlanta. His record: 15-40-3, 1 KO. 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? The true price was even higher, however. After all, the perils of riches lay mostly in how they're spent. 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. Stop the dumbass TMZ headlines please! Evander Holyfield is one of those fighters. 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. According to Celebrity Net Worth Holyfield earned a whopping $230 million from fight purses alone. Holyfield also went through three divorces. "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.". He announced his retirement after the bout. In 2014, a 54,000 square-foot mansion purchased by music mogul and entrepreneur Rick Ross was reported to have sold for $10 million. Celebrity Net Worth notes that Holyfield earned a whopping $230 million from fight purses alone. How Did Evander Holyfield Lose Over $200 Million of His - Sportscasting The $230m he earned over a. However, it's not a foregone conclusion this will be an official bout. A passionate learner in the world of professional writing, and an ardent Manchester United fan. How Much Did Evander Holyfield Pay For His House. The Reason Evander Holyfield Lost His Money - Grunge.com 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.