Here's how, You sense the market is desperately hoping the Fed is done hiking interest rates, says Peter Boockvar. Evander Holyfield: Boxing great who 'lost everything' smiling again "It's a fight, the rules are the same," Holyfield said when asked if it would be an exhibition. Throughout his career, Holyfield made bank, but that's what you'd expect from a fighter of his caliber. The cost includes unlimited replays for all fights in the event until Dec. 11, so . Regardless of age, every fighter requires an ophthalmic exam within the last 12 months and a physical exam. Allan is a semi-professional he failed to pay back more than a half . Holyfield told the programme: "It is hard to fall down, and I kind of feel like everything is too late. The deal also required Holyfield to fund his sons future education by filling an account with $100,000. June 6, 2021, 5:50 pmupdated June 7, 2021, 6:18 am The wealthy businessman made a killing when he purchased the opulent estate for $5.8 million. Three divorce settlements quickly slashed his net worth in half, along with child support payments to eleven children by six different women. 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? 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. During his peak, Evander The Real Deal Holyfield was earning hundreds of millions of dollars. demolished in his fight against the former UFC champion which ended in the first round. The same Independent piece notes that Holyfield spent $10 million on a massive 45,000 square foot mansion. 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. The 58-year-old Evander Holyfield has agreed to box Vitor Belfort on September 11 as per the reports of TMZ sports. A tiered movie theater seats a staggering total of 135, and a formal dining room area can accommodate 100 guests quite comfortably. Holyfield will step into the ring after more than a decade of inactivity. . "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. Gambling related content is not intended for anyone under the age of 21. Holyfield didn't . That distinction belongs to Steve Ward, whose final fight came months before his 60th birthday. He bought a mansion with 109 rooms, complete with a 135-seat home theater, a bowling alley, and a dining room meant for over 100 people. Plus you gotta understand, they saying fight somebody who boxing ain't his thing.". 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. Rick Ross spends $5.8 million for Evander Holyfield's Georgia mansion He reportedly paid $10 million for a 54,000-square-foot house in Fayetteville, Georgia, in 2014. Vitor Belforts pressure proved to be too much for Evander Holyfield. How Much Did Evander Holyfield Pay For His House. When Holyfield went broke in 2012, he owed about $500,000 in child support. The mansion has been among the sources of the boxer's. A Division of NBCUniversal. 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. His expenses kept his net worth somewhat depressed despite all that revenue. 58-year-old Evander Holyfield will take on Vitor The Phenom Belfort. How did Evander Holyfield lose all his money? 2.6K. arrivals in the venue shortly after 6 p.m.an hour before the pay-per-view broadcast got started. In 1998, Evander Holyfield paid $11.4 million for a 114-acre estate in Fayetteville, Georgia. Holyfield once claimed the home cost more than $1 million annually to maintain with an electric bill reportedly costing $17,000 a month. Holyfield competed in boxing till the age of 48 years, with his last professional bout coming against Brian Nielsen back in May of 2011. The companys purchase of the Holyfield property shows its commitment to investing in distressed assets. Built in 1994, the estate was originally the home of heavyweight champion Evander Holyfield. You are agreeing to OutKick's Terms of Use and Privacy Policy, but don't worry we don't spam. The pay-per-view begins at 8 p.m. Evander Holyfield Paycheck For Belfort Fight Leaks - Wrestling-Edge Copyright 2008-2023 BroBible. 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. At his peak, Evander Holyfield had a reported net worth of $200 million. 3 Comments. 2023 CNBC LLC. On Saturday night, Holyfield got absolutely demolished in his fight against the former UFC champion which ended in the first round. "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. Known as the 'Real Deal', Holyfieldalso famously had part of his ear bitten off by Tyson during their title fight in 1997. But his enormous mansion turned out to be a much larger drain on his resources. So what does Holyfield say to those who say he shouldn't be fighting at 58? TV News / Jon Galt. Holyfield, boxing's only four-time world heavyweight champion, formally announced his retirement from the ring last year, at the age of 51. The biggest monetary problem for Holyfield turned out to be the massive mansion that he bought for $10 million. "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. The $230m he earned over a. Football, basketball, boxing, it didn't matter. Tour Evander Holyfield's Former Mansion - HGTV However, after their famous second fight, Evander Holyfield earned more than $30 million in compensation. 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. 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Evander Holyfield is one of heavyweight boxings greats; He made around $230m during . B/R's combat sports team was in the house for "Triller . Fournier, a part-time boxer, scored a knockout of musical artist Reykon in April on the Jake Paul-Ben Askren undercard. The boxing career of Evander Holyfield has been marked by highs and lows. There is no reason why we cannot achieve this, according to 36-year-old Andy. A dedicated pro wrestling follower for more than a decade who feels fortunate to express the love for the art through writing. By: Holly Aguirre. His career took off after he won the IBF world title in 1996. Evander Holyfield will return to the ring Saturday against a legendary mixed martial artist, former UFC light heavyweight champion Vitor Belfort. His spending habits extended beyond simple overspending and into the high-adrenaline world of risk-taking thrills. Celebrity Net Worth notes that Holyfield earned a whopping $230 million from fight purses alone. First, an ongoing divorce settlement wrapped up after he bought his home. Rick Ross Buys Insane 109-Room Mansion From Evander Holyfield 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? Regardless, the Commission will be supervising the fight.". Fans are concerned for Evander Holyfield, who seemed to struggle on the ads during the open workouts for the media. He is currently "[I want to]pass this onto my kids, where they won't have to worry about the same thing," Holyfieldtold CNBC. Mansion has been the ideal location for two movies, Superfly and Coming 2 America. Stop the dumbass TMZ headlines please! Get this delivered to your inbox, and more info about our products and services. The companys purchase of the property is a sign of its commitment to investing in distressed assets. 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. 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. Holyfield's Heavyweight Manse Sells For Measly $5.8M The home was said by Daily Mail to cost Holyfield a solid $1 million per year, and that's just in taxes and upkeep. Evander Holyfield vs. Vitor Belfort: Preview, fight prediction, picks Florida -- a Triller Fight Club pay-per-view -- after the California State Athletic . 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 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.