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. Rick Ross Buys Evander Holyfield's 109-Room Mansion in Georgia Was it worth his pride? Indeed, Belfort is a 44-year-old who has had only one pro boxing match. Gambling related content is not intended for anyone under the age of 21. 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. Ross Rolls Royce Phantom Drophead Coupe, which is housed in the massive garage, is the ideal vehicle for the massive garage. He finished his career at 53 years old with five losses in his final seven bouts. demolished in his fight against the former UFC champion which ended in the first round. And keeping such a massive space with so many amenities had many extra costs. Dade Countys finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. He enjoyed a 27-year run of glory that ended with a final record of 44-10-2, according to BoxRec. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. He spent $5.8 million on the Georgia estate he purchased from Evander Holyfield, which included 109 rooms. Known as the 'Real Deal', Holyfieldalso famously had part of his ear bitten off by Tyson during their title fight in 1997. Even recouping proved to be a financial loss. The companys purchase of the property is a sign of its commitment to investing in distressed assets. We want to hear from you. Holyfield's Heavyweight Manse Sells For Measly $5.8M The publication likewise says he wasn't very good at the whole gambling thing, and Holyfield went bankrupt. 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. Rodriguez said Holyfield was let down by the people around him during his fighting days. A Division of NBCUniversal. However, after their famous second fight, Evander Holyfield earned more than $30 million in compensation. pursuing a bachelor's degree in English Literature. 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. 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. Holyfield reportedly spent an additional $1.5 million on furnishings and decor for the home. That distinction belongs to Steve Ward, whose final fight came months before his 60th birthday. READ MORE: *Chisora looking past Parker *Another win for Fa *SBW fight on hold. His total earnings were around half a million dollars, including brand deals. Holyfield threw a left hook and Belfort stepped inside with. It has purchased foreclosed properties in recent years in order to rehabilitate them and sell them to new buyers. ", "It's kind of hard to turn down a big sum of something when you know you can do it. 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. Sources told ESPN Holyfield has expressed apprehension about the fight counting toward his official record. 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. Evander Holyfield lost his $20 million mansion because he couldn - CNBC Dan Rafael (@DanRafael1) September 12, 2021. A dedicated pro wrestling follower for more than a decade who feels fortunate to express the love for the art through writing. Evander Holyfield will return to the ring Saturday against a legendary mixed martial artist, former UFC light heavyweight champion Vitor Belfort. Only he knows. 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? "Iron" Mike's November exhibition with Roy Jones Jr. -- a Triller event -- was a massive success. Evander Holyfield will face Vitor Belfort on 11 September at the Seminole Hard Rock Casino in Hollywood, Florida. But today, he only holds a small fraction of his former net worth. 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.. The property is located in Atlanta, Georgia and priced at $5.8 million. 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 Holyfield vs. Vitor Belfort: Preview, fight prediction, picks 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. It reports come after it was found that Oscar De La Hoya has tested positive for . 2023 CNBC LLC. 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. 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 Rights Reserved. Now, 57-year-old former champ Evander Holyfield lives in a two-bedroom. 3 Comments. According to Rozay, the 105-acre home, which is located on land, has become a tourist destination. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Holyfield also committed to paying for the private education of all three of his children. Holyfield (44-10-2, 29 KOs) accepted the Belfort assignment on just eight days' notice after Oscar De La Hoya tested positive for COVID. Donald Trump Getting 'Obscene' Amount of Money for Calling Holyfield Fight In total, Holyfield married three women and was divorced twice. And with his kids happy, healthy, and doing well in school, Evander Holyfield couldnt be happier with where it all ended up. Evander Holyfield in his prime was a massive draw in boxing. "When you don't have others looking out for you, everybody's taking something for themself. Evander Holyfield was once thought to have earned more than $230 million in a single fight purse. PrivacyAboutContactAdvertisingHave a News Tip? 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. Holyfield vs. Belfort fight results: Ex-MMA star knocks out Evander Evander Holyfield: Boxing great who 'lost everything' smiling again As his net worth fell through the floor over just a couple years, the bills of a much wealthier person kept rolling in. football player for Diego Juniors FC. In the first round, Tyson defeated him. BroBible is the #1 place on the internet for the very best content from the worlds of sports, culture, gear, high tech, and more. He is currently The 58-year-old Evander Holyfield has agreed to box Vitor Belfort on September 11 as per the reports of TMZ sports. 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. A tiered movie theater seats a staggering total of 135, and a formal dining room area can accommodate 100 guests quite comfortably. 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. From 1984 to 1987 and 1990 to 1991, he was a three-time world heavyweight champion. How did Evander Holyfield lose his house . 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 . He had to. The home was said by Daily Mailto cost Holyfield a solid $1 million per year, and that's just in taxes and upkeep. At his peak, Evander Holyfield had a reported net worth of $200 million. 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. It remains to be seen how safe it is for a 58-year-old to compete. According to a lawsuit Evander Holyfield recently had with Triller, hell be paid $5 million for the fight. 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!. 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. However, in a sport as lucrative as boxing, many fighters lose their career earnings in the blink of an eye. Boxing pound-for-pound rankings: Bivol keeps winning and moving up; Haney earns top 10 spot, A megafight is set: Here's what's at stake when Gervonta Davis faces Ryan Garcia in April, Gervonta Davis' arrest history: Timeline of abuse and hit-and-run charges and denials, Oscar De La Hoya tested positive for COVID, Real or Not: Evander Holyfield shouldn't be in a ring; Jake Paul should face a real boxer next, De La Hoya tests positive; Belfort-Holyfield on tap, When Floyd Mayweather-Logan Paul met in an exhibition match in June. . 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. Three divorce settlements quickly slashed his net worth in half, along with child support payments to eleven children by six different women. Holyfield competed in boxing till the age of 48 years, with his last professional bout coming against Brian Nielsen back in May of 2011. Holyfields wealth was unimaginably massive, but expenses have a way of scaling up to any level. Evander Holyfield is one of those fighters. TV News / Jon Galt. Tour Evander Holyfield's Former Mansion. His spending habits extended beyond simple overspending and into the high-adrenaline world of risk-taking thrills. Basically, the boxer had more kids and ex-wives than he could reasonably afford. 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. Today, his wealth is stabilized at around $500,000. Evander Holyfield was once thought to have earned more than $230 million in a single fight purse. So, what does Rosss new home have to offer? Today, Evander Holyfields reported net worth is $1 million, a fraction of what it was at his peak. How did Evander Holyfield lose his house? - Sportskeeda In 2014, a 54,000 square-foot mansion purchased by music mogul and entrepreneur Rick Ross was reported to have sold for $10 million. 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.