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Evander Holyfield Evicted From Georgia Mansion

Evander Holyfield Evicted From Georgia Mansion

Evander Holyfield has been evicted from his Georgia mansion, following a tense battle with JP Morgan Chase to keep the 109 room estate south of Atlanta.

On Tuesday, however, The Florida Times-Union reports that moving trucks rolled through the estate’s gates, drove past statues of lions and pulled up to the mansion’s front doors. By nightfall, all of Holyfield’s possessions, including memorabilia from his reign as the world champion boxer and furniture were gone, leaving the 54,000 square foot home empty.

A foreclosed sign sat in the front lawn, proclaiming to everyone who drove by that the former boxer is just the next celebrity sports star to lose their home after failing to properly manage their millions.

While The Florida Times-Union notes that Holyfield has made more than $250 million, he was unable to finish paying off the $14 million he still owed Chase.

Greg Hassell, JP Morgan Chase spokesperson stated, according to The Examiner, that:

“We’ve worked with Mr. Holyfield to give him several months to move; he’s in the process of relocating and we’ve brought in additional resources to move the process forward.”

With child support payments out the rear (Evander Holyfield has at least 11 children), as well as a mansion that took more than $1 million per year to maintain, it’s not surprising that the former world champion boxer is having money issues.

Evander Holyfield Evicted From Georgia Mansion

News One reports that Holyfield’s former home recently sold for $7.5 million, closing another chapter in the former boxer’s life. Now, Holyfield will be focused on other money troubles, like the lawsuit filed in June by one of his baby mommas saying he owes $300,000 in back child support.

The 50-year-old retired boxer is not new to money troubles, having previously made the IRS deadbeat list for delinquent taxes, been hit with divorce settlements, and gone through a string of bad money management, which landed him in hot water when he was hit with a $500,000 lawsuit over a 2008 landscaping bill.

As for where Evander Holyfield will make his home now? Mum’s the word on that one, so far.

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Comments

68 Responses to “Evander Holyfield Evicted From Georgia Mansion”

  1. Anonymous

    That's d way d cookies crumble…what will any sane human being be doing with a 109 room house?

  2. John Randall

    Seems like all the Champion fighters end up like Joe Lewis, The corrupt system stole all there money.And that includes the I.R.S.

  3. Christian Woodward

    Guess he wanted to live out Rocky V in real life….

  4. Joshua Ryan

    Wow its hard to believe that a person whose main talent is punching someone else wouldn't make good choices. I mean if people who beat up other people cant be wise with their money then who can be? It sad that we put athletes on some type of pedestal and don't take the time to realize that they for the most part do nothing more then catch a football or run fast. We then expect that somehow they will just make great choices because they are talented. However I would like to note that there are far more athletes who do use their money for good and not for 100 children spread out across the globe. At the end of the day his legacy should be a deadbeat father who doesn't pay for his children who does not pay for the work he has performed who does not contrubute to society (irs issues) and who does not pay his debts. Sadly most will just talk about his boxing skills and overlook his horrible flaws as a human.

  5. Joshua Ryan

    John Randall
    The corrupt system?
    Please explain.
    It appears his issues are his own doing.
    I know it seems weird to think that if you father 11 kids that you might have to help feed them.
    It also seems odd that in order to live in a 54,000 square foot home you might have to make a house payment once in awhile.
    It is also odd that if you ring up a 500,000 dollar landscaping bill you might be required to pay it.
    It might be weird to have to pay taxes for money that you made. (The corrupt system does give millions of tax breaks to those educated enough to find them ).
    But yea I can totally see how this is a story of a currupt system and not a story of horrible life choices.
    LMAO

  6. Sue McGonnigal

    I feel so bad for Holyfield. My Dad and my uncle were boxers. But honestly, Evander Holyfield is one of the nicest boxers I ever met. He is kind and sweet, and generous, and not a prima donna like some other wealthy sportsmen. My heart goes out to you Evander and If I had money to offer, some would go to you also.

  7. Shawn Cowing

    and your a perfect human being with no flaws? At least he will leave a legacy, unlike you. POS

  8. Shawn Cowing

    you obviously don't know shit. better read up on what he did before ya make such a stupid comment….fatboy.

  9. Anonymous

    HE WAS STUPID FOR NOT HAVING A GOOD FINANCIAL PERSON HANDLING HIS MONEY BIG IDEAS WHY DIDn't HE PAY CASH WHEN HE WAS THUMBING ALL HIS MONEY! THERE's A SAYING FOR THIS THAT I CANNOT POST HERE!

  10. Rico Tabligan

    Why in the world do you need a 100 room house? He just couldn't take a page off the smartest boxer turned business man George Foreman!

  11. Anonymous

    $300,000 dollars for one child! There are single parents raising three children and not getting that kind of money. There should be a standard ceiling set for child support because as it stands women take these rich guys to the cleaners. Still, Holyfield could have spent a few dollars on condoms.

  12. Ron Bastos Granado

    I love boxing, and this man was great for the sport. The truth is, it is the one sport where more experience equals more stupidity from the blows to the head you take. They talk about concussions in football, from a few hits to the head a game, now imagine a few hundred hits to the head, in one night.

  13. Joshua Ryan

    You are right I am flawed. And as far as a legacy goes i will never be as famous as he is. I will also add that he was one of my favorite boxers. However boxing should only be one small part of how a person is judged. As for the sarcasm in my post my main point is to show that we shouldnt think that just because someone is great at a sport that they should be any less likely to be flawed as a person. we hold these individuals to a higher standard and then get suprised when they blow all of their money or shoot themselves in a night club or get involved in fights outside bars. They are human like you and I falwed like you and I and we should always keep this in mind. And as far as me being a pos I have my moments lol.

  14. Ron Kisiah

    How can certain people be so feakin' stupid! I mean he has made over $250 million and cannot afford to payoff the balance on this monster mansion! Greed will take you down everytime and to also be so stupid as to father 11 children, we'll what else is there to say?

  15. Bill Berdrow

    $300,000…..Wow! When you think of it that's a lot of money. Now let's look at what really occurred. The mother to be and the father to be were BOTH participating and both getting equal enjoyment from the act of making love and the farthest thing from each ones mind was the possibility of making a child together(the key word is together). But alas, she gets pregnant and some bleeding heart judge sticks it to him in the form of totally outrageous child support. Since the mother got half the enjoyment then shouldn't she be required to pay an equal amount? Let's look at it this way. the mother could do this 3 or 4 times and be set for life. The scales of justice are tilted too much in the woman's favor!

  16. Marc Seligman

    I once saw him in Atlantic City playing Blackjack. He was basically just throwing money at the dealer and laughing about it. Who's laughing now? Apologies as my heart does not go out to such an irresponsible soul.

  17. Chris Skaggs

    If he wasn't an uneducated man, I bet he'd still have his millions. What a colossal DUMBASS.

  18. Marc Schneider

    you called this man a deadbeat. your an idiot. he put himself out there and took on the world to be great. you are just a critic , writer with no guts. that's impressive

  19. Marcous Aurelious

    I really don't' feel sorry for this guy. I liked him as a boxer, but, what a sqanderer, he's utterly stupid.

  20. Bob Wood

    People who make their living getting hit in the head…may not be able to get their wits together enough to handle financial matters. People who father 11 children may have a more functional small head…than big head. Banks that get too deep financially with these people…need their heads examined…(sigh).

  21. Marty Ward

    Corrupt system? Is that the system that forced EH to build a house with 109 rooms?

  22. Anonymous

    Just the same old story of pampered athlete not being able to handle success. To heck with the home, that's obscene, but 11 Children! REALLY?

  23. Trey Wall

    how did the system steal the money? your an idiot. he had poor managemnet if any at all. 11 kids? couldnt keep his dick in his pants apparently. very sad..he had talent

  24. Anonymous

    Hey Creflo Dollar, you so-called "Prosperity Preacher" – Didn't you tell your ex-boxer follower that the "Lord gives… and the Lord takes away"? But the truth is that the Lord had nothing to do with Holyfield's wealth and certainly not yours – false prophet that you are.

  25. Anonymous

    Hey Creflo Dollar, you so-called "Prosperity Preacher" – Didn't you tell your ex-boxer follower that the "Lord gives… and the Lord takes away"? But the truth is that the Lord had nothing to do with Holyfield's wealth and certainly not yours – false prophet that you are.

  26. Thesby Tolbert

    he's very dumb for buying that house in the first place! why not a decent afforable mansion where he could have paid in one big payday from fighting? if this clown had of paid it off he still would have to pay the taxes , homeowners insurance and upkeeping of this mansion! now it back to the shacks evander holyfield!

  27. Janenette Doe

    Holyfield may have made some bad choices, but JP Morgan has not made the best choices either lately. Its only that they can get away with it better than Holyfield. Holyfield seems to have wanted to put all his worth into a house that was in turn not worth it. He should have jumped ship a long time ago and concentrated his remaining finances and efforts towards a more affordable house which still could have possibly been better than the average house.

  28. Ted Spring

    What in hell is "one of his Baby Mommas"? is that like a woman who had one of his illegitimate children – then say so..

  29. Ted Spring

    What in hell is "one of his Baby Mommas"? is that like a woman who had one of his illegitimate children – then say so..

  30. Ted Spring

    What in hell is "one of his Baby Mommas"? is that like a woman who had one of his illegitimate children – then say so..

  31. Gorjas Jorj

    It's all about money. You will surely lose it if you do not know how to use it. Do I have to say more? Don't play the race card, Bro?

  32. Quan Lee

    if you look up the word HYPOCRITE in the dictionary, you will find Evanders picture. I used to be a fan of the guy, but that was years ago. I cant stand phonies, you cant be preaching the gospel one minute and having a dozen illegitimate kids the next.

  33. Quan Lee

    if you look up the word HYPOCRITE in the dictionary, you will find Evanders picture. I used to be a fan of the guy, but that was years ago. I cant stand phonies, you cant be preaching the gospel one minute and having a dozen illegitimate kids the next.

  34. Vincent E Brown

    Creflo Dollar needs to return all that money he received from Holyfield. Evander thought he was sowing a seed to reap a financial harvest and the only person receiving a harvest was his pastor.

  35. Kishmir Intuches

    I'd love to see an athlete who signs a huge contract, pays his taxes, wears a condom, buys one mansion for cash, one luxury car, limits his clothing allowance to 1% of his income, doesn't have an entourage and puts his money in a savings or money market account. Of course, that athlete hasn't been born yet, but I'm a dreamer.

  36. Kishmir Intuches

    The only thing that could help boxers is if the sanctioning organizations actually represented the boxers and not the promoters and withheld a % of prize money to be placed in a safe annuities to cover situations like this by deferring payments. But you can't help people who are out-of-control, self-destructive or completely irresponsible in their personal lives. It's sad to see a great boxer humbled by this but this story was written 100 years ago and is still playing out today. Doesn't anyone have a sense of history anymore?