Evander Holyfield's Mansion Under Foreclosure, Child Support Payments Late

Former heavyweight champion Evander Holyfield appears to be having financial problems.

A legal notice that appeared in a local newspaper shows his Fayette County estate is under foreclosure. The home worth an estimated $10 million is set to be auctioned by a bank on July 1.

The mother of one of Holyfield's nine children says he has missed two child-support payments. Toi Irvin, who lives in Clayton County, filed a petition for contempt in Fayette County Superior Court on behalf of her 10-year-old son.

Irvin says she was told by Holyfield's representatives not to expect the payment for May and June totaling $6,000.

The 45-year-old Holyfield has declined comment on the child-support allegations and the foreclosure.

Holyfield last fought on Oct. 13, 2007. He has been trying to secure another heavyweight championship.

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TMZ, who report he has made over $200 million in his career, has the legal papers.

Comments

[SwingingFromCenter]

Now he's saying the house won't be foreclosed on. He went on to say that he's "not broke, (he's) just not liquid".

Apparently nobody bothered to teach Evander basic economic principles. When you owe more than you have, you are bankrupt, and thereby BROKE.

As an aside, it says a lot about his character (or lack thereof) that he's willing to (I assume) sell belongings to save his house, but not support his kids.

[Trollstakeyourmeds]

His kids went to school with my kids so I have the opportunity to meet and mingle with him several times. He was always quiet, humble, good natured, and seemed to take great pride in his son. (Both of our kids were in symphony together). Unfortunately, he is also very, very trusting of people who did not have his best interest at heart. I am saddened by this bit of news.

[starrianna]

Where did his $200,000,000 go? Up his nose?
That's a lot of money to, um, blow.

[helonias]

Well he won't have to worry about that richman, camel, eye of needle thingee.

[nikto]

I always saw Holyfield as someone of overall class and good character,
in spite of being a fundamentalist.

He was a fine fighter, but I guess I was wrong about the other part.

Perhaps God took away his money because America has Gay Marriage?

Hmmm.

[javaman]

I had the pleasure of meeting Mr. Holyfield some years ago. Really nice guy, however that said, the twos things I noticed right off the bat was: major fundy and two a bus load of sycophantic hangerons.

spouting off left and right about how god blessed him to be able to punch the lights out of people and how he has to take care of his "entire" family. extenting to 3rd and 4th cousins.

now, he has 9 kids!!! 9!!! can't pay his child support and has a 54,000 square foot house!!!!! 54 fucking thousand square feet!!!!

WTF???

gentle giants with a heart of gold and a wallet like an ATM for his "posse".

Sigh.

[Thundrdrum]

I visited Atlanta last year. We drove past what I thought was a vast cemetary or golf course. Turned out it was Holyfield's home. Amazing...too many hangers-on Evander.

[sa]

tyson punched the financial sense out of the man.

.

[MaracaKabob]

How do you blow through 200 million, gather around you lots and lots of 'friends' to help you spend your money. It's the only way to get rid of them, go broke.

[sillyseason]

Those parasites ALSO include "wolves" dressed in the clothing of so-called financial consultants, attorneys, cpas, investment bankers, et al. It's not just the families and posses that bleed them dry.

[KYJurisDoctor]

How in HEAVEN's name does one blow $200 million?

[SgtLazarus]

I am told that Mike Tyson is looking for a roommate at the Las Vegas airport Motel 6. $29.95 per night with free continental breakfast... all you can eat.

[nibblybits]

These poor athletes who are among the best in the world at what they do, are not so expert when it comes to finances or legalese. They have a lot of predatory and parasitic hangers-on around them, sucking them dry until the athlete is broke. It happens again and again.

Sympathies to Mr. Holyfield. I'm sure he never thought he would find himself in this situation.

[DinOhio]

There are some, however, that do quite well. Ray "Boom Boom" Mancini is one that had his earning protected by friends of his family. From what I'm told, he was put on an allowance and his money was protected for him. Many others are simply taken for a ride by glad-handers and blood suckers.

[sillyseason]

Those parasites ALSO include "wolves" dressed in the clothing of so-called financial consultants, attorneys, cpas, investment bankers, et al. It's not just the families and posses that bleed them dry.

[FreedomCorpse]

Foreclosures are happening everywhere, I just don't why wealthy people want to pay interest on home loans if they can pay for the house with cash...or just buy something smaller. The entire US has been sucker punched by Wall Street, US Govt and the federal reserve and the US is technically financially knocked out.

[Oeht]

His house here has over 70 bedrooms. It's at least on 100 acres. He hosts a fireworks display for the entire surrounding area every 4th of July. Well maybe not this year.

[hypnotoad72]

9 kids?! Missing numerous child support payments?!?!

I'll feel sorry for real people whose real lives have been displaced by uncontrollable means.

Well, I feel sorry for him too but as with Ed McMahon, being so famous and wealthy and having THAT sort of problem is just mind boggling.

Well, I don't think Ed got behind on child support, but I'm not going to go digging for dirt needlessly.

I think, when Mike Tyson bit off his ear, he took a chunk of Mr. Holyfield's brain with it...

[popecorvo]

There was a time when a dateline actually told you where the story was from.

This piece mentions Clayton County and Fayette County.

What state? Who knows?

[Oeht]

Georgia man. South suburban Atlanta.

[AggravationKills]

If Im not mistaken, the ex-wife lives next door on the Clayton county line. He lives in a huge mansion on the Fayette Co line. The home is obscene. Good old Georgia. He was kind enough to donate to a Shriners Carnival we held at a Bar I worked at at the intersection down the road. He was very nice, as were his kids.

[Trollstakeyourmeds]

One of his wives live on his estate on the same property. He built the house for her and their kids. And he is late on child support for only one child. Apparently the rest of them are well cared for.