Only he knows. Fighters 154 pounds and above typically wear 10-ounce gloves. 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. So what does Holyfield say to those who say he shouldn't be fighting at 58? Today that would be about $52,400,000. 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 . Sources told ESPN Holyfield has expressed apprehension about the fight counting toward his official record. Donald Trump Getting 'Obscene' Amount of Money for Calling Holyfield Fight The boxing career of Evander Holyfield was reborn after his release from prison. 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. 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. DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. Outkick is a company that produces videos. I know all the things that's necessary to be safe. Evander Holyfield estimates he earned more than $300 million from his 57-fight career. In 2014, Evander Holyfield paid $8.5 million to build a home in Atlanta, Georgia. The $230m he earned over a. A legal notice from Washington Mutual Bank in June of 2008 revealed that the 54,000 . 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. Rodriguez said Holyfield was let down by the people around him during his fighting days. 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 . A Division of NBCUniversal. 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. . 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. A tiered movie theater seats a staggering total of 135, and a formal dining room area can accommodate 100 guests quite comfortably. It has purchased foreclosed properties in recent years in order to rehabilitate them and sell them to new buyers. 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. A landscaping company sued him for $550,000 for unpaid services. The boxing career of Evander Holyfield has been marked by highs and lows. 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. Published: January 6 2014 22:05. In 1998, Holyfield paid $8.1 million for a 54,000-square-foot mansion in Atlanta. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. De La Hoya-Belfort was set to take place at Staples Center in Los Angeles. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 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. Known as the 'Real Deal', Holyfieldalso famously had part of his ear bitten off by Tyson during their title fight in 1997. Plus you gotta understand, they saying fight somebody who boxing ain't his thing.". Vitor Belforts pressure proved to be too much for Evander Holyfield. It remains to be seen how safe it is for a 58-year-old to compete. 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. 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. His liabilities from his period bloomed into various directions as his creditors came knocking. Evander Holyfield by TKO, 1: . Vitor Belfort stops Evander Holyfield in first, calls out Jake Paul for Dade County's finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. In this new world of novelty boxing matches that's Wild Wild West even by boxing standards, there's a lot of confusion when it comes to these matters. Holyfield also committed to paying for the private education of all three of his children. Evander Holyfield is one of the greats of the boxing world. How Did the 1976 & 1984 USA Olympians Do As Pro's? Holyfield told the programme: "It is hard to fall down, and I kind of feel like everything is too late. All Rights Reserved. Evander Holyfield was once thought to have earned more than $230 million in a single fight purse. For one, he's making multiple millions, sources told ESPN. 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 . How Much Did Evander Holyfield Make For His Boxing Return Against 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. 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 2012, Holyfield lost the home after failing to pay $14 million in debt payments. And he seems happy again. 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. According to Rozay, the 105-acre home, which is located on land, has become a tourist destination. This meant that his per-fight revenue and marketability were extremely high. After the fight, boxing insider Dan Rafael implied that Triller was paying Holyfield $5-6 million dollars to fight Belfort on a weeks notice. His total earnings were around half a million dollars, including brand deals. In 1998, Evander Holyfield paid $11.4 million for a 114-acre estate in Fayetteville, Georgia. Tour Evander Holyfield's Former Mansion - HGTV Tour Evander Holyfield's Former Mansion. The Real Winners and Losers from the Evander Holyfield-Vitor Belfort "All I know is it's a fight and they got the rules. When Holyfield went broke in 2012, he owed about $500,000 in child support. The mansion stands at 45,000 square feet and is situated on more than 235 acres. 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. "Man, they were stealing, just stealing, stealing.". Holyfield and Belfort will compete at heavyweight, the unlimited weight class. Holyfield threw a left hook and Belfort stepped inside with. The Englishman ended his career with seven consecutive losses, his last fight coming in December 2015. Holyfield was evicted from his 109-room Atlanta mansion, owing US$14m in mortgage repayments. 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. How did Evander Holyfield lose all his money? The deal also required Holyfield to fund his sons future education by filling an account with $100,000. Rick Ross spends $5.8 million for Evander Holyfield's Georgia mansion def. By: Holly Aguirre. The Reason Evander Holyfield Lost His Money. He defaulted on his mortgage at exactly the wrong time. 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. In the photo below, therap mogul is seen lording over the grand double-staircase in the mansions foyer. You are agreeing to OutKick's Terms of Use and Privacy Policy, but don't worry we don't spam. Just like Mike Tyson, Evander Holyfield somehow managed to blow through a fortune that at one time peaked above $200 million. How did Evander Holyfield lose his house? - Sportskeeda Other financial losses came from Evander Holyfield's home life. The companys purchase of the Holyfield property shows its commitment to investing in distressed assets. Dade Countys finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. 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. Copyright 2023 Endgame360 Inc. All Rights Reserved. "When you don't have others looking out for you, everybody's taking something for themself. 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. The 58-year-old Evander Holyfield has agreed to box Vitor Belfort on September 11 as per the reports of TMZ sports. Holyfield once claimed the home cost more than $1 million annually to maintain with an electric bill reportedly costing $17,000 a month. Holyfield owed the IRS twice as much money, with his plight hitting the headlines . 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. He lost the title to Mike Tyson in a second fight after winning it the first time. The publication likewise says he wasn't very good at the whole gambling thing, and Holyfield went bankrupt. But today, he only holds a small fraction of his former net worth. The Boxing Tribunesays he dropped most of his cash betting on a variety of different sports. Smith received cash and property from the 2012 divorce, including child and spousal support. Three divorce settlements quickly slashed his net worth in half, along with child support payments to eleven children by six different women. "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. "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. he's bragging about making an outrageous amount of cash for the gig, and his deal has a . Many rooms were transformed for the latter films sequel, which was created in a suitable setting. The pay-per-view begins at 8 p.m. His expenses kept his net worth somewhat depressed despite all that revenue. Evander Holyfield had to sell 109-room mansion to Rick Ross after "[I want to]pass this onto my kids, where they won't have to worry about the same thing," Holyfieldtold CNBC. According to a lawsuit Evander Holyfield recently had with Triller, hell be paid $5 million for the fight. Yes, Holyfield is 58. In the first round, Tyson defeated him. He finished his career at 53 years old with five losses in his final seven bouts. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. Evander Holyfield Apparently Made $5-6 Million For Getting - BroBible demolished in his fight against the former UFC champion which ended in the first round. Videos by OutKick. After suffering his first loss in boxing, what now for Jake Paul? Ross Rolls Royce Phantom Drophead Coupe, which is housed in the massive garage, is the ideal vehicle for the massive garage. But blind opulence such as this does come at a cost, and Ross better come prepared to cut sizable monthly checks. 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. 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. . Dan Rafael (@DanRafael1) September 12, 2021. Evander Holyfield spent a huge portion of his fortune building a mansion only to be left with no funds to maintain it. 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. Florida, on the other hand, saw no issue. When they were set to fight in Los Angeles on the same date, the fight was an exhibition. In 2008, when the global housing market crashed and dragged most of the worlds economy down with it, Holyfield needed to sell his home. His then-18-year-old daughter sued him for $300,000 of it. It ended up going for half of what he bought it for. At Evander Holyfield's absolute peak and accounting for spending, he was likely worth just over $200 million total at his peak according to Networth Buzz. Evander Holyfield is one of those fighters. More so, he's still chasing a lucrative third fight with Tyson. He spent $5.8 million on the Georgia estate he purchased from Evander Holyfield, which included 109 rooms. Donald Trump is doing way more than calling a fight this weekend . Oscar de la Hoya Sad Hospitalization Video Leaks. "This is the first time my kids ever told me 'Dad, you don't need to be getting hit,'" Holyfield said. On Saturday night, Holyfield got absolutely demolished in his fight against the former UFC champion which ended in the first round. "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. Evander Holyfield Paycheck For Belfort Fight Leaks - Wrestling-Edge Everything you need to know about Evander Holyfield vs. Vitor Belfort, The triumph of Michael B. Jordan and Jonathan Majors in Creed III. 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. BroBible is the #1 place on the internet for the very best content from the worlds of sports, culture, gear, high tech, and more. Fighting Lopez creates a better opportunity for Taylor, but can he beat him? 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. However, he lost all his money almost as quickly as he earned it. The lawsuit was for a mix of back child support and unpaid maintenance. Holyfield took out a mortgage for $14 million on the home. 9/9/2021 1:00 AM PT. Evander Holyfields home in Fayetteville, Georgia has been sold for $5.879 million to rapper Rick Ross. The property is located in Atlanta, Georgia and priced at $5.8 million. The Five Biggest Boxing Pay Days In History - Money Inc His total earnings were around half a million dollars, including brand deals. He was 13-0 when he lost to WBC World Light champ Jim Watt, 36-7, in Glasgow, Scotland, in June of 1980. The property includes a basketball court, a tennis court, a gym, a pool and a home theater. 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. 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. Evander Holyfield: Boxing great who 'lost everything' smiling again 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. 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. 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. football player for Diego Juniors FC. 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. Rapper Rick Ross purchased the home in 2014. Evander Holyfield will return to the ring Saturday against a legendary mixed martial artist, former UFC light heavyweight champion Vitor 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. pursuing a bachelor's degree in English Literature. TMZ.com. 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. 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. And with his kids happy, healthy, and doing well in school, Evander Holyfield couldnt be happier with where it all ended up. Holyfield has 11 children from five different mothers, according to the Independent. How did Evander Holyfield lose his house . "Iron" Mike's November exhibition with Roy Jones Jr. -- a Triller event -- was a massive success. Evander Holyfield is one of heavyweight boxings greats; He made around $230m during . "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). 3 Comments. According to Celebrity Net Worth Holyfield earned a whopping $230 million from fight purses alone. The opening bout of the pay-per-view bout is the lone fight that features two world-class boxers: a 130-pound fight between fringe contenders Andy Vences and Jono Carroll. Holyfield reportedly spent an additional $1.5 million on furnishings and decor for the home. 58-year-old Evander Holyfield will take on Vitor The Phenom Belfort. Was it worth his pride? Holyfield has 11 children with six different women, and provides ongoing financial support to them, news.com.au reported. During his career Holyfield earned an estimated $230 million in. 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? The cost includes unlimited replays for all fights in the event until Dec. 11, so . His wealth was quickly slashed in two, and he agreed to $36,000 in yearly payments for child support. Lets go inside Rick Ross stunning home in New York. Dan saying Holyfield earned 5-6 million dollars tonight. How Rick Ross' $5.8 Million 'Coming to America' Mansion Is Paying For Evander Holyfield to pay $36,000 a year in child support These Sports Stars Blew Millions. You Won't Believe How Boxing is one of the most lucrative sports around for the handful of fighters capable of making their way to the top. When the housing crisis hit in 2008, Holyfield had to sell his house for less than half of what he paid for it. Regardless of age, every fighter requires an ophthalmic exam within the last 12 months and a physical exam. 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. Now, 57-year-old former champ Evander Holyfield lives in a two-bedroom. The $230m he earned over a. However, after their famous second fight, Evander Holyfield earned more than $30 million in compensation. To demonstrate its commitment to investing in distressed assets, the bank purchased this property. 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. Evander Holyfield Net Worth | Celebrity Net Worth Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. So, what does Rosss new home have to offer? Throughout his career, Holyfield made bank, but that's what you'd expect from a fighter of his caliber. In 2008, the global housing market crashed, and he defaulted on his mortgage at the wrong time. Holyfield also went through three divorces. He ended up selling his mansion for less than half the amount he bought it for. 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. The property is located in Atlanta, Georgia and priced at $5.8 million. Evander Holyfield apparently got paid very well for his two minutes inside the ring against Vitor Belfort. Copyright 2008-2023 BroBible. Holyfield will step into the ring after more than a decade of inactivity. The divorces were certainly costly, but not nearly as expensive as his obligations to his children. Gambling related content is not intended for anyone under the age of 21. Even recouping proved to be a financial loss. Evander Holyfield vs. Vitor Belfort -- Round 1: Holyfield opened up with a few jabs as Belfort circled with his guard up high. 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. Florida -- a Triller Fight Club pay-per-view -- after the California State Athletic . Mike Tyson chomps on the ear of Evander Holyfield in the third round of their WBA heavyweight bout in Las Vegas in 1997. He had extraordinary longevity, sticking it out for 26 years before retiring at 51 years old. Holyfield will fight Kevin McBride in an exhibition match that has yet to be rescheduled. 2.6K. ET. He enjoyed a 27-year run of glory that ended with a final record of 44-10-2, according to BoxRec. 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. Another son, 22-year-old Evan, just made his professional boxing debut,knocking out opponent Nick Winstead in only 16 seconds. The child support is really where the boxer's family debt began to get out of hand. Evander Holyfield and Russian giant Nikolai Valuev fight in Zurich, Switzerland in 2008. Catch the sneak peek, and don't miss the series premiere of "Back in the Game" Wednesday, November 6 at 10P ET on CNBC. Fans are concerned for Evander Holyfield, who seemed to struggle on the ads during the open workouts for the media. He announced his retirement after the bout. Rick Ross Pays for New $3.5 Million House in Cash - XXL - XXL Mag According to a lawsuit Evander Holyfield recently had with Triller, hell be paid $5 million for the fight. "It's a fight, the rules are the same," Holyfield said when asked if it would be an exhibition. That was Belfort's fourth loss in six Octagon appearances. 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. BBCestimates the Holyfield made nearly a quarter of a billion dollars over the course of his boxing career. Holyfields 109-room home in Georgia is listed for sale for $5.7 million, with a bowling alley, theater, and pool included. The same Independent piece notes that Holyfield spent $10 million on a massive 45,000 square foot mansion. 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. I do what I have to do.". 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. Holyfield (44-10-2, 29 KOs) accepted the Belfort assignment on just eight days' notice after Oscar De La Hoya tested positive for COVID. At his peak, Evander Holyfield had a reported net worth of $200 million. Holyfields wealth was unimaginably massive, but expenses have a way of scaling up to any level. 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. he failed to pay back more than a half . 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. However, it's not a foregone conclusion this will be an official bout. PrivacyAboutContactAdvertisingHave a News Tip? The Holyfield vs. Belfort live stream will be hosted by Fite TV, which is offering access to the fight for $50. "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. 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. But why fight at all if you're Holyfield? The mansion has been among the sources of the boxer's. When he lost to Mike Tyson in 2000, Holyfield was convicted of cocaine possession and beaten by his second wife. Today, his wealth is stabilized at around $500,000. And he remained on the hook for that massive mortgage. It reports come after it was found that Oscar De La Hoya has tested positive for .