Evander Holyfield estimates he earned more than $300 million from his 57-fight career. 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. According to Celebrity Net Worth Holyfield earned a whopping $230 million from fight purses alone. DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. In his prime, Holyfield was a massive draw which meant his per-fight revenue was extremely high. Oscar de la Hoya Sad Hospitalization Video Leaks. The child support is really where the boxer's family debt began to get out of hand. 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. The mansion has become a significant example of Georgian real estate due to its unparalleled features and recreational facilities. Other financial losses came from Evander Holyfield's home life. After all, the perils of riches lay mostly in how they're spent. The same Independent piece notes that Holyfield spent $10 million on a massive 45,000 square foot mansion. 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. 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. "I used to be foolish, but I ain't foolish no more.". Mayweather's weight limit was 160 pounds; Paul's was 190. It ended up going for half of what he bought it for. Sign up for free newsletters and get more CNBC delivered to your inbox. Holyfield will fight Kevin McBride in an exhibition match that has yet to be rescheduled. 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? 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. Plus you gotta understand, they saying fight somebody who boxing ain't his thing.". Jorge is a Miami native and lifelong Heat fan. 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. Evander Holyfield is one of the greats of the boxing world. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in the ring. Three divorce settlements quickly slashed his net worth in half, along with child support payments to eleven children by six different women. But after retirement, athletes across all sports regularly end up in financially compromised situations. The companys purchase of the Holyfield property shows its commitment to investing in distressed assets. 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. He had extraordinary longevity, sticking it out for 26 years before retiring at 51 years old. 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. "At least I'm fighting somebody that I know I can protect myself [against]. (via @OmarESPN) pic.twitter.com/wlR89gCjJC, ESPN Ringside (@ESPNRingside) September 12, 2021. The property, which is located in Atlanta, Georgia, is worth $5.8 million. 9/9/2021 1:00 AM PT. He ended up selling his mansion for less than half the amount he bought it for. Holyfield threw a left hook and Belfort stepped inside with. A legal notice from Washington Mutual Bank in June of 2008 revealed that the 54,000 . 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. Belfort hasn't fought since May 2018, a second-round KO loss to Lyoto Machida at UFC 224. When you examine this particular event, the confusion is even greater. But his enormous mansion turned out to be a much larger drain on his resources. 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. 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. All rights reserved. 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. In 2014, Evander Holyfield paid $8.5 million to build a home in Atlanta, Georgia. The home, which Holyfield lost due to foreclosure a year prior, has a. A tiered movie theater seats a staggering total of 135, and a formal dining room area can accommodate 100 guests quite comfortably. Dade Countys finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER. It reports come after it was found that Oscar De La Hoya has tested positive for . In 2008, the global housing market crashed, and he defaulted on his mortgage at the wrong time. After the fight, boxing insider Dan Rafael implied that Triller was paying Holyfield $5-6 million dollars to fight Belfort on a weeks notice. Holyfields 109-room home in Georgia is listed for sale for $5.7 million, with a bowling alley, theater, and pool included. 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. Sources told ESPN Holyfield has expressed apprehension about the fight counting toward his official record. Today, his wealth is stabilized at around $500,000. Rodriguez said Holyfield was let down by the people around him during his fighting days. However, after their famous second fight, Evander Holyfield earned more than $30 million in compensation. Mike Tyson chomps on the ear of Evander Holyfield in the third round of their WBA heavyweight bout in Las Vegas in 1997. Holyfield, who retired from boxing in 2000, is now focused on his property and training business. How did Evander Holyfield lose his house . However, he lost all his money almost as quickly as he earned it. "Iron" Mike's November exhibition with Roy Jones Jr. -- a Triller event -- was a massive success. "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. He defaulted on his mortgage at exactly the wrong time. But today, he only holds a small fraction of his former net worth. 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. The mansion stands at 45,000 square feet and is situated on more than 235 acres. 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. More so, he's still chasing a lucrative third fight with Tyson. The property includes a basketball court, a tennis court, a gym, a pool and a home theater. Celebrity Net Worth notes that Holyfield earned a whopping $230 million from fight purses alone. https://t.co/6f7eB955Xr, Mark Ortega (@MarkEOrtega) September 12, 2021, Brobible sports editor. As his net worth fell through the floor over just a couple years, the bills of a much wealthier person kept rolling in. It was sold at a knockdown price of US$7.5m to keep the banks off his back, The Independent reported in 2012. 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. Evander Holyfield will return to the ring Saturday against a legendary mixed martial artist, former UFC light heavyweight champion Vitor Belfort. by 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. That's what a tough chin and hard hands will get you. 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. With lawsuits and penalties to the IRS, Holyfields net worth drastically dropped until it stabilized at around $500,000. In the photo below, therap mogul is seen lording over the grand double-staircase in the mansions foyer. 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. Evander Holyfield spent a huge portion of his fortune building a mansion only to be left with no funds to maintain it. When Holyfield went broke in 2012, he owed about $500,000 in child support. 58-year-old man dies at start of mountain bike race, Teen boys charged with murder over killing of driver in Auckland, What the alcohol industry doesn't want you to know, The Jugglenaut: How childcare became a for-profit game, Christopher Luxon promises childcare rebates for any family earning less than $180,000, Homeowner says banks offering 4.99% under the table is a 'market failure', Person who died after incident in Auckland's Beach Haven named, Guyon Espiner's last drink: 'Probably wine, but I was too drunk to remember', Disappointment and tequila: How sporting power couple Dion Nash and Bernice Mene met, Wallabies star's NZ$1.6m World Cup gamble after bar brawl shuts down Japanese club. In addition to an in-house bowling alley, the home is about as close to a sportsmans paradise as one will find. According to Rozay, the 105-acre home, which is located on land, has become a tourist destination. "I've had no money to pay lawyers and had to fight on my own in court and that ain't easy." 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. 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. "It's a fight, the rules are the same," Holyfield said when asked if it would be an exhibition. His total earnings were around half a million dollars, including brand deals. At 58 years old, Evander Holyfield is returning to the boxing ring to face MMA legend Vitor Belfort. "You are absolutely right," Holyfield said.