Evander Holyfield vs. Vitor Belfort -- Round 1: Holyfield opened up with a few jabs as Belfort circled with his guard up high. Today, Evander Holyfields reported net worth is $1 million, a fraction of what it was at his peak. 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. However, after their famous second fight, Evander Holyfield earned more than $30 million in compensation. Holyfield and Belfort will compete at heavyweight, the unlimited weight class. According to a lawsuit Evander Holyfield recently had with Triller, hell be paid $5 million for the fight. Tour Evander Holyfield's Former Mansion. When he lost to Mike Tyson in 2000, Holyfield was convicted of cocaine possession and beaten by his second wife. During his peak, Evander The Real Deal Holyfield was earning hundreds of millions of dollars. The companys purchase of the property is a sign of its commitment to investing in distressed assets. Known as the 'Real Deal', Holyfieldalso famously had part of his ear bitten off by Tyson during their title fight in 1997. He ended up selling his mansion for less than half the amount he bought it for. "All I know is it's a fight and they got the rules. Lets dive into his earnings, his expenses, and his personal history to find out. Rick Ross spends $5.8 million for Evander Holyfield's Georgia mansion 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. A tiered movie theater seats a staggering total of 135, and a formal dining room area can accommodate 100 guests quite comfortably. A dedicated pro wrestling follower for more than a decade who feels fortunate to express the love for the art through writing. In 2014, a 54,000 square-foot mansion purchased by music mogul and entrepreneur Rick Ross was reported to have sold for $10 million. 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. The Englishman ended his career with seven consecutive losses, his last fight coming in December 2015. Videos by OutKick. "It's a fight, the rules are the same," Holyfield said when asked if it would be an exhibition. Evander Holyfield in his prime was a massive draw in boxing. foot guest house, a 12-stall barn, and a five-acre lake. 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. He had to. 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. Celebrity Net Worth notes that Holyfield earned a whopping $230 million from fight purses alone. Boxing, however, is a free-for-all, and by comparison, $6 million for a title fight or whatever Holyfield and Trump are being paid for whatever Saturday night's event was is a veritable. 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. Get the Daily OutKick and get smarter every day. On Saturday night, Holyfield got absolutely demolished in his fight against the former UFC champion which ended in the first round. BroBible is the #1 place on the internet for the very best content from the worlds of sports, culture, gear, high tech, and more. 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.. That was Belfort's fourth loss in six Octagon appearances. They did not release the earnings of these boxers to the public. Stop the dumbass TMZ headlines please! 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. He has been covering the NBA, MLB and NFL professionally for almost 10 years, specializing in digital media. The wealthy businessman made a killing when he purchased the opulent estate for $5.8 million. Allan is a semi-professional The pay-per-view begins at 8 p.m. It remains to be seen how safe it is for a 58-year-old to compete. Everything you need to know about Evander Holyfield vs. Vitor Belfort, The triumph of Michael B. Jordan and Jonathan Majors in Creed III. 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. "We've spoken to Holyfield and Vitor and the commission; no matter what, this will be scored as a pro fight, there will be a clear winner and it will be treated with pro rules.". Holyfieldinsists he can turn his financial situation around for the sake of his 11 children. Holyfield also committed to paying for the private education of all three of his children. "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.". 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. 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. 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. 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. Roman Reigns & Usos Removed From Smackdown? According to Celebrity Net Worth Holyfield earned a whopping $230 million from fight purses alone. 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 . Rick Ross Buys Insane 109-Room Mansion From Evander Holyfield It ended up going for half of what he bought it for. Evander Holyfield is one of the greats of the boxing world. "At least I'm fighting somebody that I know I can protect myself [against]. Indeed, Belfort is a 44-year-old who has had only one pro boxing match. Where did $312 million go? Boxing champ Evander Holyfield on his lost How Did Evander Holyfield Lose Over $200 Million of His - Sportscasting In the photo below, therap mogul is seen lording over the grand double-staircase in the mansions foyer. But why fight at all if you're Holyfield? 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. According to Celebrity Net Worth Holyfield earned a whopping $230 million from fight purses alone. In 2012, Holyfield lost the home after failing to pay $14 million in debt payments. However, a story on Rolling Out revealed that one of the rappers contemporaries, Meek Mill, posted a picture of his friends purchase on Instagram. football player for Diego Juniors FC. Rick Ross Buys Evander Holyfield's 109-Room Mansion in Georgia Vitor Belfort stops Evander Holyfield in first, calls out Jake Paul for 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. "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. 58-year-old Evander Holyfield will take on Vitor The Phenom Belfort. In 1998, the first world heavyweight title was awarded. 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. 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 was forced to sell his $10 million 109-room mansion for $7.5 million, which barely covered his debts. Evander Holyfield estimates he earned more than $300 million from his 57-fight career. The mansion has become a significant example of Georgian real estate due to its unparalleled features and recreational facilities. Given the FAC's decision, Holyfield has completed this evaluation. "All boxers on this card have successfully met all requirements to be licensed by the Florida Athletic Commission," a spokesperson for the commission said. Meanwhile, Vitor Belfort took home a whopping $400,000 for his appearance against Evander Holyfield. 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. How Much Did Evander Holyfield Make For His Boxing Return Against 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. Belfort is 14 years younger than Holyfield and looks to be in much better shape than the former champ. The property, which is located in Atlanta, Georgia, is worth $5.8 million. "This is the first time my kids ever told me 'Dad, you don't need to be getting hit,'" Holyfield said. Even recouping proved to be a financial loss. (via @OmarESPN) pic.twitter.com/wlR89gCjJC, ESPN Ringside (@ESPNRingside) September 12, 2021. Donald Trump Getting 'Obscene' Amount of Money for Calling Holyfield Fight Copyright 2008-2023 BroBible. His final professional fight was on July 14, 1968, at the age of 48. The property includes a basketball court, a tennis court, a gym, a pool and a home theater. Holyfields 109-room home in Georgia is listed for sale for $5.7 million, with a bowling alley, theater, and pool included. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. READ MORE: *Chisora looking past Parker *Another win for Fa *SBW fight on hold. This meant that his per-fight revenue and marketability were extremely high. Mayweather's weight limit was 160 pounds; Paul's was 190. 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. His then-18-year-old daughter sued him for $300,000 of it. At 58 years old, Evander Holyfield is returning to the boxing ring to face MMA legend Vitor Belfort. The mansion, which Holyfield had originally put on the market for $10 million, had been foreclosed on in 2008. However, it's not a foregone conclusion this will be an official bout. How did Evander Holyfield lose his house . Holyfield won Olympic bronze at the 1984 Games as a light heavyweight before he became the greatest cruiserweight champion in boxing history. June 6, 2021, 5:50 pmupdated June 7, 2021, 6:18 am The Boxing Tribunesays he dropped most of his cash betting on a variety of different sports. Evander Holyfield's Mansion Under Foreclosure - CNBC TV News / Jon Galt. But blind opulence such as this does come at a cost, and Ross better come prepared to cut sizable monthly checks. How did Evander Holyfield lose his house? - Sportskeeda The mansion has been among the sources of the boxer's. TMZ.com. 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. Evander Holyfield's loss is Rick Ross' gain. Money, of course. From 1984 to 1987 and 1990 to 1991, he was a three-time world heavyweight champion. Donald Trump is doing way more than calling a fight this weekend . Tour Evander Holyfield's Former Mansion - HGTV Mike Tyson chomps on the ear of Evander Holyfield in the third round of their WBA heavyweight bout in Las Vegas in 1997. "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 Paycheck For Belfort Fight Leaks - Wrestling-Edge He was 13-0 when he lost to WBC World Light champ Jim Watt, 36-7, in Glasgow, Scotland, in June of 1980. 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. Throughout his career, Holyfield made bank, but that's what you'd expect from a fighter of his caliber. Boxing matches featuring men are always three-minute rounds, and at the top level, are contested over 10 or 12 rounds. Florida -- a Triller Fight Club pay-per-view -- after the California State Athletic . Email: jorge@brobible.com. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. Built in 1994, the estate was originally the home of heavyweight champion Evander Holyfield. Holyfield (44-10-2, 29 KOs) accepted the Belfort assignment on just eight days' notice after Oscar De La Hoya tested positive for COVID. 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. In 2008, when the global housing market crashed and dragged most of the worlds economy down with it, Holyfield needed to sell his home. Evander Holyfield reigned supreme as both a cruiserweight and a heavyweight champion. 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. How did Evander Holyfield lose all his money? | News | Fans Share Boxing is one of the most lucrative sports around for the handful of fighters capable of making their way to the top. arrivals in the venue shortly after 6 p.m.an hour before the pay-per-view broadcast got started. These Sports Stars Blew Millions. You Won't Believe How B/R's combat sports team was in the house for "Triller . He finished his career at 53 years old with five losses in his final seven bouts. 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. Copyright 2023 Endgame360 Inc. All Rights Reserved. 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. Holyfield will fight Kevin McBride in an exhibition match that has yet to be rescheduled. 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. 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. "[I want to]pass this onto my kids, where they won't have to worry about the same thing," Holyfieldtold CNBC. In his prime, Evander Holyfield made millions of dollars each fight, with his highest-earning purses coming from the Iron Mike Tyson fights. 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. "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. Ross Rolls Royce Phantom Drophead Coupe, which is housed in the massive garage, is the ideal vehicle for the massive garage. Basically, the boxer had more kids and ex-wives than he could reasonably afford. Holyfield reportedly spent an additional $1.5 million on furnishings and decor for the home. The property is located in Atlanta, Georgia and priced at $5.8 million. "Iron" Mike's November exhibition with Roy Jones Jr. -- a Triller event -- was a massive success. Smith received cash and property from the 2012 divorce, including child and spousal support. 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. 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. Holyfield competed in boxing till the age of 48 years, with his last professional bout coming against Brian Nielsen back in May of 2011. His total earnings were around half a million dollars, including brand deals. 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. 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. And with his kids happy, healthy, and doing well in school, Evander Holyfield couldnt be happier with where it all ended up. "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. IBA prez: Russia, Belarus boxers should compete, Benn: WBC done me a 'disservice' with egg ruling, WBO orders Crawford title defense vs. Rocha, Serrano injured; rematch with Taylor postponed, Fury wins split decision to hand Paul first loss, Davis-Garcia bout finalized, moved to April 22, Sources: Taylor, Lopez agree to June 10 title bout. Fournier, a part-time boxer, scored a knockout of musical artist Reykon in April on the Jake Paul-Ben Askren undercard. 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. 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. A legal notice from Washington Mutual Bank in June of 2008 revealed that the 54,000 . 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. Holyfield vs. Belfort PPV Price: How Much Does The Fight Cost? And he remained on the hook for that massive mortgage. 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. Now, 57-year-old former champ Evander Holyfield lives in a two-bedroom. So what does Holyfield say to those who say he shouldn't be fighting at 58? Dade Countys finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. The boxing career of Evander Holyfield was reborn after his release from prison. Holyfield took out a mortgage for $14 million on the home. His record: 15-40-3, 1 KO. Dan saying Holyfield earned 5-6 million dollars tonight. The home had 109 rooms, a gigantic 135 seat theater, a 100 seat dining room, and a bowling alley. According to the index, any fighter who falls in one of those three categories needs further clinical evaluation by the commission and their medical advisory board before licensure. We want to hear from you. 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. When they were set to fight in Los Angeles on the same date, the fight was an exhibition. In 1998, Holyfield paid $8.1 million for a 54,000-square-foot mansion in Atlanta. Gambling related content is not intended for anyone under the age of 21. 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. Today that would be about $52,400,000. ET. The publication likewise says he wasn't very good at the whole gambling thing, and Holyfield went bankrupt. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER. . 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. 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. It has purchased foreclosed properties in recent years in order to rehabilitate them and sell them to new buyers. The boxing career of Evander Holyfield has been marked by highs and lows. Holyfield has 11 children from five different mothers, according to the Independent. However, he lost all his money almost as quickly as he earned it. Two heavyweight legends Evander Holyfield and Mike Tyson, as Holyfield is inducted into the Nevada Boxing Hall of Fame in 2014. A bowling alley, a movie theater, and a movie theatre are among the attractions at Rick Ross mansion, which has 109 rooms. He defaulted on his mortgage at exactly the wrong time. Holyfields wealth was unimaginably massive, but expenses have a way of scaling up to any level. Oscar de la Hoya Sad Hospitalization Video Leaks, Id like to announce that I will be making a comeback to the ring.I will be fighting in exhibition matches for a great cause.. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. In his prime, Holyfield was a massive draw which meant his per-fight revenue was extremely high. The $230m he earned over a. It was the only fight in his career that brought in over $100 million on its own, the infamous Holyfield vs. Tyson II fight. Published: January 6 2014 22:05. Plus you gotta understand, they saying fight somebody who boxing ain't his thing.". 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. 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. And he seems happy again. Yes, Holyfield is 58. Ultimately in this case, the decision on whether Saturday's fight is a sanctioned match or an exhibition match is a matter for the participants. 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. For a long time, Evander Holyfield, four time heavyweight champ, had the funds to live a lavish lifestyle. And he seems happy again. Three divorce settlements quickly slashed his net worth in half, along with child support payments to eleven children by six different women. "I used to be foolish, but I ain't foolish no more.". Was it worth his pride? But today, he only holds a small fraction of his former net worth. All Rights Reserved. demolished in his fight against the former UFC champion which ended in the first round. Evander Holyfield's Net Worth in 2021: Is He Still Rich? 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. 3 Comments. 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. 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.
