Advertisement
Advertisement

Holyfield's House Sells For $7 Million, But Owes $14 Million

By TMZ

Good news: Boxing legend Evander Holyfield recently sold his house for $7,500,000!!!

Bad news: It was at a public auction, he actually owes the bank twice that amount ... and he also owes over $200,000 in back taxes.

According to documents filed in Georgia, Holyfield's massive mansion -- 54,000 sq. ft on 234 acres -- outside Atlanta sold at public auction on March 6 ... but part of the money will go directly to Uncle Sam to pay off his back tax bill.

As for the rest ... according to the documents, Holyfield owed more than $14,000,000 on the house -- plus more than $2500 in foreclosure expenses. It's unclear whether the bank is going after him for the balance.

Calls to Holyfield's rep were not returned.

User Comments and Feedback (Register For Free To Comment) Comment by 1mb11 on 06-09-2012

I told Evander that watching Brewster’s Millions was not sound financial plan!

Comment by 1mb11 on 06-09-2012

"People don't know the problems and pressures that come with 100 million dollars" (sobbing) -- scene from movie Jerry Maguire

Comment by CHOWWOKKA on 06-09-2012

[QUOTE=RossCA;12219278]Same thing will happen to Mayweather, and even faster because of his gambling.[/QUOTE] Floyd isn't the one with a 2 million dollar gambling debt...

Comment by edgarg on 06-09-2012

[QUOTE=Davis40;12218761]lou duva.....[/QUOTE] And Duva looks as if he drives a truck for a living. But they spun of Main Events I think. maybe Holyfield unknowingly paid for some of that.

Comment by Carpe Diem on 06-08-2012

I know some members on here are quick to make it look as if it's a "black" thing, but it has nothing to do with race. It's a choice thing. Let's compare Nicholas Cage and Morgan Freeman for instance. Cage…

Post a Comment - View More User Comments (75)
Top Headlines Photos: Mike Alvarado vs. Josh Torres, Korobov-Vera Weighin DiBella Breaks Down Thurman-Porter, Isn't Sure Who Wins Povetkin, Ryabinsky To Hold Meeting With WBC Next Week Liam Smith: I Will Shake Up The World When I Beat Canelo Groves Explains His Version of Events in Golovkin Sparring Tale Photos: Keith Thurman, Shawn Porter Ready For Barclays War Weights from Brooklyn: Porter Strips to 147, Thurman at 146 Liam Smith vs. Canelo Alvarez - Fight Poster Revealed Canelo Alvarez vs. Liam Smith Finalized at 154, 9/17 on PPV Fury To Klitschko: I'm Hitler? You Stupid F***ing Ukrainian Pr*ck! Golden Boy VP Reacts To Arum, Insists Pacquiao vs. Broner is On! Video: Sky Sports Crew Discuss Klitschko vs. Fury Postponement Video: Joshua-Breazeale, Groves-Murray, Eubank-Doran Weighin Jason Sosa Drills Javier Fortuna in Eleventh, Grabs WBA Title Eubank Jr: I Didn't Want To Take Off Underwear, Scare Everyone Photos: Anthony Joshua, Dominic Breazeale Ready For Battle Felix Diaz-Levan Ghvamichava Tops PBC on FS1, July 12 Photo: Tyson Fury's Badly Bruised, Sprained Ankle Injury Felix Verdejo-Jose Felix Likely For October - If Pacquiao Returns Fury Rolls Ankle, July 9 Klitschko Rematch Postponed Thurman Warns: Stop Protecting Your Record Like Mayweather! Arum: Golovkin vs. Ramirez, We Have Deal in Principle For 2017 Groves Explains Boost With McGuigan as Murray Bout Nears Anthony Joshua Willing To Help Joe Joyce Learn, Keep Active Andy Vences: I Have To Be at My Best To Win UniMas Bout Video: Kenny Porter on Tactics For Keith Thurman, More Eubank Sr: No Way Does My Son Lose To Gennady Golovkin! Golovkin's Trainer: Kovalev Will Punish Ward, May Stop Him Keith Thurman: I Have a Burning Desire To Knock Porter Out! Video: Lou DiBella Discusses Keith Thurman vs. Shawn Porter Shawn Porter Smiles: "Special Things Happen in Brooklyn" Video: Arum Discusses Pacquiao vs. Lomachenko, More Porter: If Mayweather Returns, He's Coming For The WBA Belt WBA Officially Opens Up an Office in China Video: Anthony Joshua Ready To Drill Breazeale Like Martin Video: Bob Arum Discusses Kell Brook vs. Jessie Vargas Devin Haney To Make World Fighting Championships Debut Arum Reacts To Golden Boy VP - Trashes Canelo vs. Smith! Video: Wladimir Klitschko Cracks Away on The Pads Canelo's Next Opponent Close To Finalized, Pacquiao is Out
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement