From Boxer to Bankrupt: Evander Holyfield

[Deja_Vous]

That's what happens when you don't continue school after high school. The potential is there, look at De La Hoya.... enough said.

Floyd is venturing into the same area as Holyfield. That lifestyle flashy comes back to bite you in the ass sooner or later.

I knew your ****less ass would bring Floyd into this.

[The Hammer]

I wonder out of all the big time boxers that went broke, how many were ****** with their money (i.e. blowing it all), and how many of them were ripped of by promoters or financial consultants.

I've read that Joe Louis was ripped off by his promoter.

[deanrw]

I don't even believe it is an educational issue. Most people with a high School degree can manage money, mainly via life experience.

What affects most fighters who make it big is living excessive. They make a great income for a few years, tailor their life to that large income, then when the income stops or drops, their money bleeds away until gone.

If Holyfield built a million dollar house with 8 rooms and didn't have about 10 baby mama's. He would not be in the situation he is in now. Some people who strike it rich just do not understand how to live modestly.

[Derranged_]

I don't feel bad for Holyfield at all. Guess he's not gonna hang up the gloves anytime soon...

[F l i c k e r]

I knew your ****less ass would bring Floyd into this.

Why do you live to talk about people? Get a life, really. Because someone doesn't agree with you in a discussion. You go all nuts and take offense and talk about people.

Anyways, I agree with deanrw for the most part. I still think education can help you more than hurt you when dealing with cash.

[Deja_Vous]

I've read that Joe Louis was ripped off by his promoter.

Joe was ripped-off by Uncle Sam.

He was TAXED on the money he donated to the War effort and the exhibition fights he participated in during his military service.!!

[Oscar DeLaHoya]

Holyfield
Tyson
Anyone else?

mayweather...

[Deja_Vous]

Why do you live to talk about people? Get a life, really. Because someone doesn't agree with you in a discussion. You go all nuts and take offense and talk about people.

Anyways, I agree with deanrw for the most part. I still think education can help you more than hurt you when dealing with cash.

Oscar's not well educated either...He's been decribed as an empty shell.

He was on celebrity hollywood squares:

"Oscar...the human body has over 206 of these?"

Hoya:

"Um..Um....nerves..?"

[Derranged_]

Holyfield
Tyson
Anyone else?

Rid**** Bowe...

[joseph5620]

I've read that Joe Louis was ripped off by his promoter.

Joe Louis was ripped off by the government. Many people just assume Louis was ****** with his money. This is just small example of the horrible injustice done to Louis:



Louis fought a charity bout for the Navy Relief Society against his former opponent Buddy Baer on January 9, 1942, which generated $47,000 for the fund.[13] The next day, he volunteered to enlist as a private in the United States Army at Camp Upton, Long Island.[66][67] Newsreel cameras recorded his induction, including a staged scene in which a soldier-clerk asked, "What's your occupation?" and Louis replied in a nervous rush, "Fighting and let us at them Japs."[68]

Another military charity bout on March 27, 1942 (against another former opponent, Abe Simon) netted $36,146.[13] Before the fight, Louis had spoken at a Relief Fund dinner, saying of the war effort: "We'll win, 'cause we're on God's side."[1] The media widely reported the comment, instigating a surge of popularity for Louis. Slowly, the press would begin to eliminate its stereotypical racial references when covering Louis, and instead treat him as an unqualified sports hero.[1] Despite the public relations boon, Louis' charitable fights would prove financially costly. Although Louis saw none of the roughly $90,000 raised by these and other charitble fights, the IRS would later credit these amounts as taxable income paid to Louis.[69] After the war, the IRS would pursue the issue.