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. 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. 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 once claimed the home cost more than $1 million annually to maintain with an electric bill reportedly costing $17,000 a month. First, an ongoing divorce settlement wrapped up after he bought his home. TV News / Jon Galt. Holyfield reportedly spent an additional $1.5 million on furnishings and decor for the home. The mansion stands at 45,000 square feet and is situated on more than 235 acres. Dade County's finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. California, which has more stringent regulations, declined to license Holyfield to fight, whether it was in an exhibition or an official fight. I know all the things that's necessary to be safe. "If he had the right team behind him, he would have never lost his fortune.". The Five Biggest Boxing Pay Days In History - Money Inc He finished his career at 53 years old with five losses in his final seven bouts. This meant that his per-fight revenue and marketability were extremely high. 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. He announced his retirement after the bout. Indeed, Belfort is a 44-year-old who has had only one pro boxing match. However, after their famous second fight, Evander Holyfield earned more than $30 million in compensation. he's bragging about making an outrageous amount of cash for the gig, and his deal has a . I do what I have to do.". Known as the 'Real Deal', Holyfieldalso famously had part of his ear bitten off by Tyson during their title fight in 1997. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 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. 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. 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. 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. More families mean more money, and Holyfield has several families. 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. How Much Did Evander Holyfield Pay For His House. Trump Talked as Holyfield Got Pummeled. Just Another Day in Boxing's Holyfield also committed to paying for the private education of all three of his children. At his peak, Evander Holyfield had a reported net worth of $200 million. The home was said by Daily Mailto cost Holyfield a solid $1 million per year, and that's just in taxes and upkeep. It has purchased foreclosed properties in recent years in order to rehabilitate them and sell them to new buyers. Jorge is a Miami native and lifelong Heat fan. According to Celebrity Net Worth Holyfield earned a whopping $230 million from fight purses alone. "I've had no money to pay lawyers and had to fight on my own in court and that ain't easy." Holyfield lost money on failed business ventures and, as the Independentreported in 2012, by blowing it at every casino in Las Vegas and Atlantic City. Only he knows. 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 . 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. His total earnings were around half a million dollars, including brand deals. Now, 57-year-old former champ Evander Holyfield lives in a two-bedroom. It remains to be seen how safe it is for a 58-year-old to compete. However, a story on Rolling Out revealed that one of the rappers contemporaries, Meek Mill, posted a picture of his friends purchase on Instagram. And that was in 2006, a first-round KO victory in his native Brazil. According to a lawsuit Evander Holyfield recently had with Triller, hell be paid $5 million for the fight. Videos by OutKick. Belfort was slated to fight De La Hoya at a catchweight of 190 pounds, so now he doesn't have to worry about cutting weight. 2023 CNBC LLC. Got a confidential news tip? Today, Evander Holyfields reported net worth is $1 million, a fraction of what it was at his peak. Silva upset Julio Cesar Chavez Jr. this summer in Mexico, and now fights Ortiz, who will be making his boxing debut. The true price was even higher, however. Holyfield and Belfort will compete at heavyweight, the unlimited weight class. 9/9/2021 1:00 AM PT. After the fight, boxing insider Dan Rafael implied that Triller was paying Holyfield $5-6 million dollars to fight Belfort on a weeks notice. Another son, 22-year-old Evan, just made his professional boxing debut,knocking out opponent Nick Winstead in only 16 seconds. If Holyfield was in the ring from the 90s to the early 2000s, tens of millions of dollars wouldve been headed his way. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. Tour Evander Holyfield's Former Mansion. Evander Holyfield in his prime was a massive draw in boxing. How did Evander Holyfield lose all his money? | News | Fans Share "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.". Vitor Belfort stops Evander Holyfield in first, calls out Jake Paul for Lets dive into his earnings, his expenses, and his personal history to find out. Evander Holyfield: Boxing great who 'lost everything' smiling again Holyfields 109-room home in Georgia is listed for sale for $5.7 million, with a bowling alley, theater, and pool included. Get this delivered to your inbox, and more info about our products and services. How did Evander Holyfield lose his house? - Sportskeeda Rick Ross Pays for New $3.5 Million House in Cash - XXL - XXL Mag The pay-per-view begins at 8 p.m. Rick Ross Buys Insane 109-Room Mansion From Evander Holyfield How Did the 1976 & 1984 USA Olympians Do As Pro's? 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? 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. In 1998, Evander Holyfield paid $11.4 million for a 114-acre estate in Fayetteville, Georgia. The Englishman ended his career with seven consecutive losses, his last fight coming in December 2015. And he remained on the hook for that massive mortgage. 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. Holyfield owed the IRS twice as much money, with his plight hitting the headlines . Evander Holyfield was once thought to have earned more than $230 million in a single fight purse. Dan Rafael (@DanRafael1) September 12, 2021. Data is a real-time snapshot *Data is delayed at least 15 minutes. The home, which Holyfield lost due to foreclosure a year prior, has a. Sources told ESPN Holyfield has expressed apprehension about the fight counting toward his official record. The whole thing's about protection. Throughout his career, Holyfield made bank, but that's what you'd expect from a fighter of his caliber. He ended up selling his mansion for less than half the amount he bought it for. How Did Evander Holyfield Lose Over $200 Million of His - Sportscasting 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. Holyfield's Heavyweight Manse Sells For Measly $5.8M 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. He had extraordinary longevity, sticking it out for 26 years before retiring at 51 years old. De La Hoya-Belfort was set to take place at Staples Center in Los Angeles. In 1998, Holyfield paid $8.1 million for a 54,000-square-foot mansion in Atlanta. Boxing matches featuring men are always three-minute rounds, and at the top level, are contested over 10 or 12 rounds. 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. 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. Evander Holyfield is one of those fighters. 58-year-old Evander Holyfield will take on Vitor The Phenom Belfort. 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. 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. Oscar de la Hoya Sad Hospitalization Video Leaks. But there came a point when this former International Boxing Hall of Famer was losing more money than his fists could bring in. In total, Holyfield married three women and was divorced twice. Given the FAC's decision, Holyfield has completed this evaluation. Evander Holyfield is one of those fighters. Florida -- a Triller Fight Club pay-per-view -- after the California State Athletic . Belfort hasn't fought since May 2018, a second-round KO loss to Lyoto Machida at UFC 224. These Sports Stars Blew Millions. You Won't Believe How Football, basketball, boxing, it didn't matter. The Reason Evander Holyfield Lost His Money. Many rooms were transformed for the latter films sequel, which was created in a suitable setting. Evander Holyfield reigned supreme as both a cruiserweight and a heavyweight champion. In 2008, when the global housing market crashed and dragged most of the worlds economy down with it, Holyfield needed to sell his home. Ross Rolls Royce Phantom Drophead Coupe, which is housed in the massive garage, is the ideal vehicle for the massive garage. Dade Countys finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. He lost by split decision to WBC champ Edwin Rosario, 23-0, in June 1984. ", "It's kind of hard to turn down a big sum of something when you know you can do it. By: Holly Aguirre. In his prime, Holyfield was a massive draw which meant his per-fight revenue was extremely high. Evander Holyfield to pay $36,000 a year in child support 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. def. A bowling alley, a movie theater, and a movie theatre are among the attractions at Rick Ross mansion, which has 109 rooms. 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. A post shared by Evander Holyfield (@evanderholyfield). 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 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. Even recouping proved to be a financial loss. He spent $5.8 million on the Georgia estate he purchased from Evander Holyfield, which included 109 rooms. After suffering his first loss in boxing, what now for Jake Paul? 3 Comments. The new estate comes with a number of incredible specs, including: Maintenance doesnt come cheap, with a near $1 million spent every year just to keep the lights on. pursuing a bachelor's degree in English Literature. 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. 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. 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. B/R's combat sports team was in the house for "Triller . After all, the perils of riches lay mostly in how they're spent. The mansion has been among the sources of the boxer's. The property is located in Atlanta, Georgia and priced at $5.8 million. The biggest monetary problem for Holyfield turned out to be the massive mansion that he bought for $10 million. His wealth was quickly slashed in two, and he agreed to $36,000 in yearly payments for child support. "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). Full Spectrum Services LLP 2022 | All Rights Reserved. Peek inside this epic slice of superstar real estate. football player for Diego Juniors FC. And he seems happy again. All Rights Reserved. Does Rick Ross own a multi-million dollar mansion in Georgia? 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. Evander Holyfield Net Worth | Celebrity Net Worth He reportedly paid $10 million for a 54,000-square-foot house in Fayetteville, Georgia, in 2014. Evander Holyfields net worth has been reduced by half as a result of his mortgage default. He had to. The 54,000 square-foot mansion is also the largest in Georgia. Holyfield didn't . He defaulted on his mortgage at exactly the wrong time. Rodriguez said Holyfield was let down by the people around him during his fighting days. 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. 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. Everything you need to know about Evander Holyfield vs. Vitor Belfort, The triumph of Michael B. Jordan and Jonathan Majors in Creed III. 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. With lawsuits and penalties to the IRS, Holyfields net worth drastically dropped until it stabilized at around $500,000. Mayweather's weight limit was 160 pounds; Paul's was 190. Evander Holyfield is one of the greats of the boxing world. However, in a sport as lucrative as boxing, many fighters lose their career earnings in the blink of an eye. The property, which is located in Atlanta, Georgia, is worth $5.8 million. The companys purchase of the property is a sign of its commitment to investing in distressed assets. That was Belfort's fourth loss in six Octagon appearances. But why fight at all if you're Holyfield? How did Evander Holyfield lose all his money? His total earnings were around half a million dollars, including brand deals. The mansion, which Holyfield had originally put on the market for $10 million, had been foreclosed on in 2008.