First Mike and now Evander. MediaTakeOut.com is hearing that former heavyweight champ Evander Holyfield is broke. Here's what the Atlanta Journal-Constitution is reporting:
The mother of Evander Holyfield's 10-year-old son — one of nine children he's fathered — says the boxing icon has missed two child-support payments, filing a petition for contempt in the Fayette County Superior Court.
Toi Irvin, who lives in Clayton County, said she was told by Holyfield's representatives not to expect the payments — $6,000 total — for May and June.
"It wasn't so much that he didn't pay," said Irvin's attorney, Randy Kessler. "She was told they didn't know if she would be paid at all."
The former heavyweight champion appears to be in serious financial trouble. His palatial estate in Fayette County is under foreclosure, according to a legal notice that appeared in a local newspaper, and is set to be auctioned by Washington Mutual Bank on July 1. The home is worth an estimated $10 million.
maybe he can get a re-appearing role on George Formans new reality series...with his 85, i mean 10 kids
GOOD LUCK 'VANDER
detactch that bit off ear of yours...
...sell dat *** on ebay, or to the 'SMIFF'SONIAN'...
First Ed MacMahon.....NOW HOLYFIELD!!! How do you make over $100million over your career and go broke. Mismanagement of Doe is NOT a race issue! Everyone thinks that Black folks don't know how to manage their money, which is why I put Ed's *** in here!!! *** Shame!
I DOUBT IT
Well, she better get up and get her a job just like everybody else.
That's what these dumb *** get! I'm so over feeling sorry for filthy rich mf's who buy 10 million dollar homes that, even if paid for in cash, cost upwards of 100,000 a year to LIVE in with taxes, maintenance and other household bills.
Unless you've set yourself up very well financially... how the *** do you come up with 100,000 a year just to live out of ONE of your homes?
*** yo...i like evander too....fight tyson and get a quick check son!
INVEST WISELY FOLKS
COME ON NOW YOU KNOW BROTHA'S GOT TO FLOSS,
EVANDER'S FROM THE A-TOWN STRIP CLUB CAPITOL OF THE WORLD HE HAD TO SWITCH UP WHIPS WITH 5 SKRIPPERS EVERDAY...FINANCIAL PLANNER, GET REAL.
this isn't shocking. most professional fighters never really make the type of money we think....with teh exception of a Roy Jones, De la Hoya, Mayweather or somebody like that. they usually end up broke and in debt...look at Mike Tyson, Holyfield, *** Bowe. its mostly due to their lack of business sense, and Promoters like Don King screwing them outta millions
all of those idiots who were saying that theres nothing wrong with Floyd Mayweather throwing around wads of money, wearing two watches, tearing up $100 bills, look at where Holyfield and Tyson are right now..Tyson was making unbelievable money back in his day..now hes sleeping on his friends couch..to maintain a palatial estate, you have to keep making huge sums of money every year..you cant afford to have your money come up *** and have a bad year..you cant afford to have a bad fight, or get injured or become a scrub..these dudes also have all these *** kids that they have to support..why does Evander have 9 f*ckin kids? these people cant afford to keep up with their expenses and they refuse to scale down because they think they can make the money up some how..a lot of the time, they dont even know how bad their financial situation is because they have lawyers and accountants that take care of everything
Evander paid $22mil for that house. If he has the insight he should turn it into a hotel or a B&B.
Broke with a ripped up ear now that's messed up, E.
*** he better get back in the ring!
that's sad. his house is the TRUTH!!!! i wonder what will happen because his first wife has a nice HOME on the property also.
Should'a invested in some condoms. Another cautionary life.
Man I could get a million a flip it da rest of my life, how can you go broke after you made atleast 1 million?
I DON'T BELIEVE THIS. I HAD A ONCE IN A LIFETIME CHANCE IN MEETING HIM AND BEIG INVITED TO A 4TH OF JULY PARTY AT HIS HOME. THAT HOME IS WORTH $40 MIL AND NOT $10 AND ALL HIS KIDS WHEN WE WERE THERE LIVE WITH HIM IN THE HOME AND EX WIFE I THINK LIVE IN THE HOUSE ON THE ESTATE CUZ HE HAVE TWO HOME ON THE LAND. THE HOUSE IS 56,000 SQ FT ON 200 ACRES AND THE MAN HAVE STOCK GALORE IN COKE COLA *** HIS BASEBALL FIELD HAVE A COLA SCORE BOARD. I DON'T BELIEVE THIS STORY. HE PAID CASH FOR THAT HOUSE. WHEN HE FOUGHT BOWE AND TYSON HE PAID FOR THAT HOUSE IN CASH. SO ITS NO MORTGAGE UNLESS IT'S FORECLOSING BECAUSE OF TAXES ON THE HOUSE.
That sucks, Fayette is such a beautiful county. Well, maybe we should all downsize our lifestyles ...
He *** have had all those *** kids..
if you have a 40 million dollar estate, do you know how much the maintenance is? it will cost hundreds of thousands of dollars a month to keep it up? just with staff, landscaping, heating, cooling, water, electricity..jesus, I dont even want to know how much it costs to keep a 40 million dollar home up and running..these people are also victims of bad investments, they get robbed by their lawyers and accountants and their money is mis-spent it can happen to anyone no matter how much money you make
i agree gigi2007 it's sad.how in the hell u make money and all of a sudden u broke. where is your accountant, financial planner. but see here's the thing these so called rich mf don't know how much money they have until someone tells their dumb ***. look at rueben studdard he had someone
stealing from him.so my thing is before u go around buying 50 cars 12 homes make sure u ar able to maintain it's embarrasing when u get rich and become take advice from hammer.
typo i left out broke
So thats why he kept trying to fight when it was clear that he had no business in the ring.
Everyone in Atlanta already know this but, one of his baby mammas was a morning radio jock in Atlanta. She got pregnant by Evander while he was still married. She dissapeared after that. I think she was on with Frank Ski.
This is too sad. Oh how have the mighty fallen. All those kids would cause anybody to go broke. Evander I loved you as a boxer and you always seemed like a lovable chap, but get a Vasectomy ASAP. You better hit up Lennox Lewis for some financial advice, that guy is one smart man.
Wow sounds like someone needed a financial advisor and a vasectomy a long time ago, he should have been trying to sell the house or rent it out or something, that just doesn't happen over ***...
That's what happens when you ever spend and have a whole gang of kids by different women....You can't play a sport forever, and the big checks won't keep coming...
I have a hard time feeling sorry for him because he should have gotten a financial advisor to invest his money....And taken his *** to Walgreens or CVS to invest in soem condoms...a long time ago.
evander need to start selling some of those grills like george foreman azz does....get on ya grind evander!
As much money as he gave Creflo Dollar's church in the ATL over the years, HE SHOULD BE BROKE.
He still is not my kind of broke so let's not get it twisted. I am amazed how many black celebrities end up financially blusted.
He's still not.....
He had thee most beautiful estate...the size of a little town. I really admired him because even though he was divorced from his wife, he built her a mansion on the estate. She tried to sue him & Creflo Dollar just because he wanted to pay his tithes in church. I wish him all the best!
NOW WTF HOW DOES THIS *** KEEP HAPPENING?? NOT MY BABY EVANDER!!! GET IT TOGETHER, GET IN THE RING, SUMTHIN!!
iTs muSt bE thE
It's all them gas guzzlin azz cars he bought...
The troubling part of this story is why does he pay a mortgage? He's been living in the that house for at least 10 years. And in that time he has fought and beat Mike Tyson twice! Where the cash at bro?
You mean he's broke again. That's what happens when you've got like 10 kids.
It's only news when Evander & Ed McMahon are in danger of losing their homes?!