Vitor Belforts pressure proved to be too much for Evander Holyfield. A Division of NBCUniversal. However, he lost all his money almost as quickly as he earned it. Football, basketball, boxing, it didn't matter. Evander Holyfield VS Mike Tyson - "The Sound and the Fury" AKA "The Bite Fight" in 1997 This is the fight with the 4th highest payout of $35,000,000. But his enormous mansion turned out to be a much larger drain on his resources. When the housing crisis hit in 2008, Holyfield had to sell his house for less than half of what he paid for it. 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. In the former heavyweight champ's case, the risk outweighed the rewards by a large margin. The 54,000 square-foot mansion is also the largest in Georgia. Gambling related content is not intended for anyone under the age of 21. The home, which Holyfield lost due to foreclosure a year prior, has a. 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. It was the only fight in his career that brought in over $100 million on its own, the infamous Holyfield vs. Tyson II fight. Copyright 2008-2023 BroBible. It reports come after it was found that Oscar De La Hoya has tested positive for . Holyfield also committed to paying for his three childrens private educations as a personal commitment. According to Celebrity Net Worth Holyfield earned a whopping $230 million from fight purses alone. 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. The $230m he earned over a. That's what a tough chin and hard hands will get you. 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. From 1984 to 1987 and 1990 to 1991, he was a three-time world heavyweight champion. By: Holly Aguirre. Brutally Kicked Out Of Bank, Joe Rogan Savagely Attacked By Sister In Video, Madonna Spotted With Famous Boxer Boyfriend, Tom Brady Direct Message To Jon Jones Leaks, Oscar de la Hoya Warns Jake Paul In Video, Broken Skull Sessions extra: McIntyre, Austin debate cats vs. dogs (Video), First look at new WWE Chronicle: Kevin Owens documentary (Video), Special look at Undertakers retirement at WWE Survivor Series (Video), Goldberg challenges Roman Reigns on WWEs The Bump: Youre Next!. After the fight, boxing insider Dan Rafael implied that Triller was paying Holyfield $5-6 million dollars to fight Belfort on a weeks notice. 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. Vitor Belforts Professional Boxing Record: Has He Boxed Before? His expenses kept his net worth somewhat depressed despite all that revenue. 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. Dan Rafael (@DanRafael1) September 12, 2021. Allan Binoy is a Combat Sports Author at EssentiallySports. Two heavyweight legends Evander Holyfield and Mike Tyson, as Holyfield is inducted into the Nevada Boxing Hall of Fame in 2014. The mansion stands at 45,000 square feet and is situated on more than 235 acres. Regardless of age, every fighter requires an ophthalmic exam within the last 12 months and a physical exam. After claiming his first world title in 1986, the boxing legend won 44 bouts in a stellar career, including two victories over Mike Tyson and other famous wins against George Foreman, Larry Holmes and Buster Douglas. Rick Ross Pays for New $3.5 Million House in Cash - XXL - XXL Mag "I used to be foolish, but I ain't foolish no more.". When they were set to fight in Los Angeles on the same date, the fight was an exhibition. Holyfieldinsists he can turn his financial situation around for the sake of his 11 children. All Rights Reserved. There is no reason why we cannot achieve this, according to 36-year-old Andy. But after retirement, athletes across all sports regularly end up in financially compromised situations. Evander Holyfield Apparently Made $5-6 Million For Getting - BroBible The mansion has been among the sources of the boxer's. 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. Was it worth his pride? Evander Holyfield: Boxing great who 'lost everything' smiling again I know all the things that's necessary to be safe. 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. The same Independent piece notes that Holyfield spent $10 million on a massive 45,000 square foot mansion. Holyfield (44-10-2, 29 KOs) accepted the Belfort assignment on just eight days' notice after Oscar De La Hoya tested positive for COVID. Throughout his career, Holyfield made bank, but that's what you'd expect from a fighter of his caliber. De La Hoya-Belfort was set to take place at Staples Center in Los Angeles. 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. 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. Holyfield, boxing's only four-time world heavyweight champion, formally announced his retirement from the ring last year, at the age of 51. One of heavyweight boxing's biggest names estimates he earned US$200 million (NZ$312m) from his 26 years in 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. The Real Winners and Losers from the Evander Holyfield-Vitor Belfort When you examine this particular event, the confusion is even greater. Meanwhile, Vitor Belfort took home a whopping $400,000 for his appearance against Evander Holyfield. The cost includes unlimited replays for all fights in the event until Dec. 11, so . And he seems happy again. Ronda Rousey Painful Health Rumor Revealed, Donald Trump Jr. He enjoyed a 27-year run of glory that ended with a final record of 44-10-2, according to BoxRec. First, an ongoing divorce settlement wrapped up after he bought his home. Other failed business ventures includeda record label which cost Holyfield$3.1million, a restaurant business which cost over $10m and other products bearing his name including BBQ sauce, a kitchen grill and a fire extinguisher. His record: 15-40-3, 1 KO. 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 event never happened, leading to a contractual dispute between Holyfield and Triller. Oscar de la Hoya Sad Hospitalization Video Leaks. 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. 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. This upkeep accounted for an additional $1 million in expenses every year. Fighting Lopez creates a better opportunity for Taylor, but can he beat him? 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. Tour Evander Holyfield's Former Mansion. How did Evander Holyfield lose all his money? 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. That distinction belongs to Steve Ward, whose final fight came months before his 60th birthday. 2023 CNBC LLC. Holyfield will step into the ring after more than a decade of inactivity. Only he knows. The companys purchase of the Holyfield property shows its commitment to investing in distressed assets. The Reason Evander Holyfield Lost His Money - Grunge.com Rodriguez said Holyfield was let down by the people around him during his fighting days. Other financial losses came from Evander Holyfield's home life. "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). At his peak, Evander Holyfield had a reported net worth of $200 million. 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. 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. Dade County's finest Rick Ross has officially purchased a 109-room mansion from boxing great Evander Holyfield. Got a confidential news tip? 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 apparently got paid very well for his two minutes inside the ring against Vitor Belfort. . The fight will be contested over eight, two-minute rounds with 12-ounce gloves. The mansion has become a significant example of Georgian real estate due to its unparalleled features and recreational facilities. DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. 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. 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. In July of 1988 . Holyfield threw a left hook and Belfort stepped inside with. (via @OmarESPN) pic.twitter.com/wlR89gCjJC, ESPN Ringside (@ESPNRingside) September 12, 2021. Money, of course. "Man, they were stealing, just stealing, stealing.". Three divorce settlements quickly slashed his net worth in half, along with child support payments to eleven children by six different women. Holyfield was forced to sell his $10 million 109-room mansion for $7.5 million, which barely covered his debts. How Did the 1976 & 1984 USA Olympians Do As Pro's? Rapper Rick Ross purchased the home in 2014. Trump Talked as Holyfield Got Pummeled. Just Another Day in Boxing's Holyfield reportedly spent an additional $1.5 million on furnishings and decor for the home. The whole thing's about protection. The Reason Evander Holyfield Lost His Money. Holyfields wealth was unimaginably massive, but expenses have a way of scaling up to any level. He has been covering the NBA, MLB and NFL professionally for almost 10 years, specializing in digital media. His spending habits extended beyond simple overspending and into the high-adrenaline world of risk-taking thrills. Evander Holyfield will face Vitor Belfort on 11 September at the Seminole Hard Rock Casino in Hollywood, Florida. 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 . Data is a real-time snapshot *Data is delayed at least 15 minutes. arrivals in the venue shortly after 6 p.m.an hour before the pay-per-view broadcast got started. 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. After the former heavyweight champion had to sell his 45,000-square-foot mansion to a bank for $7.5 million, it went back on the market for $8. Evander Holyfield Paycheck For Belfort Fight Leaks - Wrestling-Edge In 2008, the global housing market crashed, and he defaulted on his mortgage at the wrong time. "You are absolutely right," Holyfield said. Silva upset Julio Cesar Chavez Jr. this summer in Mexico, and now fights Ortiz, who will be making his boxing debut. For one, he's making multiple millions, sources told ESPN. However, after their famous second fight, Evander Holyfield earned more than $30 million in compensation. The true price was even higher, however. Holyfield once claimed the home cost more than $1 million annually to maintain with an electric bill reportedly costing $17,000 a month.
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