Advertisement
Advertisement
Boxingscene.com

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 Joe Ham To Fight For Belt On Burns vs. Indongo Card De La Hoya: Canelo Would Beat Mayweather 'Easy' in Rematch! Luke Campbell Hopes To Get a Crack at Mikey Garcia's Title Chavez: I've Fought Better Opponents Than Canelo, I Can't Lose! Angel Garcia and The New York State Athletic Commission Horn's Promoter Will Wait To See How Pacquiao-Khan Plays Out Sullivan Barrera Denies Receiving Contract For Beterbiev Fight Arum Skeptical of $38M Offer to Bring Pacquiao-Khan to the UAE Roy Jones Jr. Wants Anderson Silva on Mayweather-McGregor NSAC Director Doubts Canelo-Chavez "Bet" Will Push Through Pacquiao Announces He is Negotiating With Khan for Next Fight Photo: Dmitry Bivol vs. Robert Berridge – Official Weigh-In Sanchez Adjusts Golovkin's Sparring Schedule For Jacobs Fight Emmanuel Rodriguez-Omar Narvaez Moves To March 11 SHO Bill Photos: Deontay Wilder, Gerald Washington Open Workouts Haye Wants Steel Fence To Avoid Violent Bust-Up With Bellew Miguel Flores Makes No Excuses After TKO Loss To Dat Nguyen Canelo: Chavez Jr. Accepted Our Bet, He Better Honor It After Loss! Shannon Briggs vs. Fres Oquendo Deal is Reached Oner: Avni Yildirim Too Strong, Will Take Teeth of David Benavides Adrian Granados Will Be Back on Showtime, Says Manager Cautious Chavez Certain He’ll Make 164.5 for Canelo Fight Michael Perez vs. Marcelino Lopez Tops ESPN2 Bill on April 20 Broner-Granados Fight Peaked at 859,000 Viewers on Showtime Canelo Plans To Vacate WBO Title, Fight at 160 - After Chavez Bout Joe Gallagher: Liam Smith Expects Tough Fight With Williams Izu Ugonoh: I Have To Be at My Best To Beat Dominic Breazeale Chavez Expects to Enter Ring at 180; Canelo Not Concerned DiBella: Unlike Wilder-Wawrzyk, 'Nervous' About Wilder-Washington Chavez: Canelo Picked Me Over GGG For 'Easier Fight, More Money' Gavin McDonnell: I'll Do Whatever it Takes To Beat Rey Vargas Izu Ugonoh Aims To Make a Statement in Big Career Showcase Liam Williams on Liam Smith: This Is A Real Fight, It'll Be Good Cecilia Braekhus' Former Coach Ready To Help Svensson Win Angulo: Canelo Lacking The Heart and Balls To Face Golovkin Mayweather Sr: I Would Beat Conor McGregor's Ass - And I'm 63! Adam Bashanov Set To Turn Pro on Ceylan vs. Lowe Card WBA, AIBA Hold a Second Meeting in Taipei To Further Relations Jhonny Gonzalez Back on March 25, To Face Sergio Estrella Jarrett Hurd: I'm Turning A lot of Non-Believers into Believers
Advertisement
Latest Active Forum Threads
Advertisement
Advertisement