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 . When Holyfield went broke in 2012, he owed about $500,000 in child support. Two heavyweight legends Evander Holyfield and Mike Tyson, as Holyfield is inducted into the Nevada Boxing Hall of Fame in 2014. 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 . Holyfield sold it to the bank in 12 under foreclosure lol.. How can a house regardless of price or size be insane? Holyfieldinsists he can turn his financial situation around for the sake of his 11 children. 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. Evander Holyfield was once thought to have earned more than $230 million in a single fight purse. 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. Belfort hasn't fought since May 2018, a second-round KO loss to Lyoto Machida at UFC 224. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER. Evander Holyfield by TKO, 1: . 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. His spending habits extended beyond simple overspending and into the high-adrenaline world of risk-taking thrills. 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. demolished in his fight against the former UFC champion which ended in the first round. Boxing matches featuring men are always three-minute rounds, and at the top level, are contested over 10 or 12 rounds. How did Evander Holyfield lose all his money? Evander Holyfield is one of those fighters. The mansion, which Holyfield had originally put on the market for $10 million, had been foreclosed on in 2008. Copyright 2023 Endgame360 Inc. All Rights Reserved. Holyfield has 11 children with six different women, and provides ongoing financial support to them, news.com.au reported. 2.6K. He enjoyed a 27-year run of glory that ended with a final record of 44-10-2, according to BoxRec. According to Celebrity Net Worth Holyfield earned a whopping $230 million from fight purses alone. It reports come after it was found that Oscar De La Hoya has tested positive for . DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. Basically, the boxer had more kids and ex-wives than he could reasonably afford. The lawsuit was for a mix of back child support and unpaid maintenance. A legal notice from Washington Mutual Bank in June of 2008 revealed that the 54,000 . Gambling related content is not intended for anyone under the age of 21. Celebrity Net Worth notes that Holyfield earned a whopping $230 million from fight purses alone. 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 . TV News / Jon Galt. Stop the dumbass TMZ headlines please! In the first round, Tyson defeated him. After all, the perils of riches lay mostly in how they're spent. His then-18-year-old daughter sued him for $300,000 of it. . Evander Holyfields net worth has been reduced by half as a result of his mortgage default. Evander Holyfield is one of heavyweight boxings greats; He made around $230m during . 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. Football, basketball, boxing, it didn't matter. 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 those fighters. Evander Holyfield in his prime was a massive draw in boxing. 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. 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. His fight against Vitor Belfort and the brand deals he will secure from it will help boost his net worth. Holyfield and Belfort will compete at heavyweight, the unlimited weight class. Yes, Holyfield is 58. 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. His liabilities from his period bloomed into various directions as his creditors came knocking. A bowling alley, a movie theater, and a movie theatre are among the attractions at Rick Ross mansion, which has 109 rooms. 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. A landscaping company sued him for $550,000 for unpaid services. 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. 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. "We have approved this as a full pro bout," the commission said. In his prime, Holyfield was a massive draw which meant his per-fight revenue was extremely high. In total, Holyfield married three women and was divorced twice. 2023 CNBC LLC. All rights reserved. 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 home was said by Daily Mail to cost Holyfield a solid $1 million per year, and that's just in taxes and upkeep. Tour Evander Holyfield's Former 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. The boxing career of Evander Holyfield was reborn after his release from prison. 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. 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. His total earnings were around half a million dollars, including brand deals. Ross Rolls Royce Phantom Drophead Coupe, which is housed in the massive garage, is the ideal vehicle for the massive garage. 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. 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. The property, which is located in Atlanta, Georgia, is worth $5.8 million. 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. 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. The suit threatened Holyfield with jail time if he didn't pay up. But today, he only holds a small fraction of his former net worth. 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 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. But why fight at all if you're Holyfield? He defaulted on his mortgage at exactly the wrong time. 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. 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. 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. he's bragging about making an outrageous amount of cash for the gig, and his deal has a . And keeping such a massive space with so many amenities had many extra costs. At his peak, Evander Holyfield had a reported net worth of $200 million. Vitor Belforts pressure proved to be too much for Evander Holyfield. Rodriguez said Holyfield was let down by the people around him during his fighting days. TMZ.com. "You are absolutely right," Holyfield said. Ronda Rousey Painful Health Rumor Revealed, Donald Trump Jr. "Iron" Mike's November exhibition with Roy Jones Jr. -- a Triller event -- was a massive success. His total earnings were around half a million dollars, including brand deals. The wealthy businessman made a killing when he purchased the opulent estate for $5.8 million. Evander Holyfield is one of the greats of the boxing world. "All I know is it's a fight and they got the rules. Evander Holyfield was once thought to have earned more than $230 million in a single fight purse. He lost the title to Mike Tyson in a second fight after winning it the first time. 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. Lets go inside Rick Ross stunning home in New York. And that was in 2006, a first-round KO victory in his native Brazil. Three divorce settlements quickly slashed his net worth in half, along with child support payments to eleven children by six different women. Roman Reigns & Usos Removed From Smackdown? In 2014, a 54,000 square-foot mansion purchased by music mogul and entrepreneur Rick Ross was reported to have sold for $10 million. 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. Dade County's finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. The boxing career of Evander Holyfield has been marked by highs and lows. "When you don't have others looking out for you, everybody's taking something for themself. Does Rick Ross own a multi-million dollar mansion in Georgia? "This is the first time my kids ever told me 'Dad, you don't need to be getting hit,'" Holyfield said. Videos by OutKick. So, what does Rosss new home have to offer? 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. All Rights Reserved. The mansion has become a significant example of Georgian real estate due to its unparalleled features and recreational facilities. 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"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 54,000 square-foot mansion is also the largest in Georgia. A tiered movie theater seats a staggering total of 135, and a formal dining room area can accommodate 100 guests quite comfortably.