“Big George” was inducted into the Hall of Fame in 2003. Good news: Boxing legend Evander Holyfield recently sold his house for $7,500,000!! “I made sure I did every press conference, every telecom, every TV show. Get TMZ breaking news sent right to your browser! All rights reserved. The fight was a huge PPV success, selling a record 1.45 million buys on an average of $37.50 for a $55 million gross. I did more promotion for that boxing match than I had ever done before. Foreman vividly remembers that salvo from Holyfield. “I didn’t really want to fight George, I only wanted Tyson,” Holyfield told The Ring. I’m like, ‘What do I do now?’ He fought a good fight.”. “Evander hit me – I don’t know – 25, 30 times,” the former champion recalled. Around 17,000 fans, some of whom paid as much as $800 to $1,000 a ticket, ventured to the arena. Holyfield, the only man to win four heavyweight titles, went on to fight a who’s who of his generation, including Riddick Bowe, Michael Moorer, Mike Tyson and Lennox Lewis. Rapper Rick Ross hustled his way into selling his 10,000-square-foot waterfront mansion in Fort Lauderdale, FL, for a little over $6 million, after initially listing the home nearly two years ago for $9.25 million. I cried and threatened to quit – but my momma sent me back again. THE RING SHOP (CLICK HERE) Now, it seems he’s still having some tough times financially. The Bible says ‘the second half of your life is going to be better than the first half’. Tax Problems The deal called for both promoters to get $1 million each when the fight was officially signed on January 12, a further $2.5 million on February 9 and the remaining $7.5 million came from the live gate. “George Foreman was the strongest. Holyfield insists he can turn his financial situation around for the sake of his 11 children. This would eventually lead to Trump reneging on the initial deal due to a “war clause” in the contract’s force majeure section. I’d never seen a guy with that much determination, other than Muhammad Ali, who had more determination than I’d ever seen in my life. The … As far as the home, Tortorici explains, "[The home] was purchased by J.P. Morgan Chase, technically as part of a foreclosure. The alternative to accepting his plan was the certain failure of our business. Ross had been ordered to wear an ankle bracelet while out on bail. mode: 'thumbnails-rr1', Ross’ initial asking price of $9.25 million is in line with comparable homes currently listed for sale in Seven Isles. Rapper 2 Chainz Buys L.A. 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Unsurprisingly, the gigantic home cost Holyfield around $1m a year to maintain with an electricity bill reported to be around £13,600 a month, say the Daily Mail. The first tax lien is from his 2011 failure to pay an unpaid tax debt, which was originally totaled at $17,810 but has since inflated to $37,663.51. After being foreclosed, the house sold at public auction for $7.5 million. His work has been published in the Mercury News, Contra Costa Times, and Silicon Valley Business Journal. target_type: 'mix' It was originally $18k, but the accrued interest has ballooned that total to $39,425.12 (which is $5,192.45 for 2012; $34,232.67 for 2010). © 2020 EHM PRODUCTIONS,INC. It was just reported by TJB, that the IRS has now hit Evander with tax liens. The combinations, he threw them like a middleweight. We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. At the weigh-in Holyfield came in at a trim 208 pounds while Foreman, 14 years his senior, tipped the scales at a hefty 257. There was no turning back, we had too much to lose.”. 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting a Mortgage, 6 Reasons You Should Never Buy or Sell a Home Without an Agent, Difference Between Agent, Broker & REALTOR, Real Estate Agents Reveal the Toughest Home Buyers They’ve Ever Met, The 5 Maintenance Skills All Homeowners Should Know, Click for complete coronavirus coverage from realtor.com, Watch Out! His second tax lien is due to back taxes owed from the years 2010 to 2013. The house cost more than $1 million a year to maintain. His biggest fight, the infamous Holyfield vs. Tyson II, that spun out of control in a bizarre ear-biting finish by Mike Tyson, brought in just over $100 million by itself.If Holyfield was in the ring from the ’90s to the early 2000s, tens of millions of dollars would’ve been headed his way. ! I’ll make more money fighting Tyson.’ He said, ‘I want you to make $50 million rather than $30 million.’ He said, ‘There are people who believe George will knock you out. Evander Holyfield and Russian giant Nikolai Valuev fight in Zurich, Switzerland in 2008. Fight George and you could make another $20 million (against Tyson).'”. Information about the device's operating system, Information about other identifiers assigned to the device, The IP address from which the device accesses a client's website or mobile application, Information about the user's activity on that device, including web pages and mobile apps visited or used, Information about the geographic location of the device when it accesses a website or mobile application. Of course back in the day, $77 G’s would’ve been pennies to Holyfield, but these days, not so much. When I went home, my momma told me one of life’s most important lessons – ‘Quit because things don’t go your way and you won’t reach your goal. Palm trees and immaculate tropical landscaping surround the property. Holyfield has 11 children with six different women, and provides ongoing financial support to them, news.com.au reported. or Subscribe. “Evander was a good boxer,” said Foreman. Unfortunately, Evander owed a bank more than twice that amount for the house’s mortgage. He was also an Undisputed Champion in both the Heavyweight and Cruiserweight … He got a relatively late start in rap, releasing his first studio album, “Port of Miami,” in 2006, at the age of 30. "[I want to] pass this onto my kids, where they won't have to worry about the same thing," Holyfield told CNBC. “He’d wait for an opening and he’d throw combinations. It was sold at a knockdown price of US$7.5m to keep the banks off his back, The Independent reported in 2012. Holyfield, a 3-1 pre-fight favorite, was expected to go about his business in emphatic fashion against the much older man. Evander's senior advisor, Tony Tortorici, tells TMZ, Evander is working with his advisors to resolve his financial issues as quickly as possible. With 11 kids, by six baby mommas, Evander admitted he was broke and in a lotta debt a while back.
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