This... For a lot of these guys, it means they are close to broke on the books only from what their accountants tell them. They owe a lot of money to a lot of people ect. They are still living very nicely. Holyfield is still living in a nice house. Tyson still has always lived in a nice house and drove nice cars.
Think of Michael Jackson when he died. He supposedly owed hundreds of millions of dollars but he also was still living in a mansion. The accountants move the money around and take out loans ect.
Boxing has tons of guys who are truely broke, living back in the ****** again. Tyson and holyfield are not it.
Tyson always says hell never be rich again. Hell prob be working for the IRS for the rest of his life lol but yea he still lives in a nice house. Not sure how all that work
Allen Iverson's infamous downfall has to be on this list. The guy accumulated something ridiculous like 200 mil (his contract plus endorsements) during his career...and currently has a networth of negative 1 million.
I heard he has a Reebok trust fund that will make him rich one day again -- but the catch is he can't even touch it til he's like nearly 60 or some ****
Yeah he has 30 million he can't touch until he's 55
Tyson always says hell never be rich again. Hell prob be working for the IRS for the rest of his life lol but yea he still lives in a nice house. Not sure how all that work
Tyson was bank account broke but he got from money in other places if you know what I mean.
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