Ex-Champ Holyfield's Home Under Foreclosure
Boxer Behind In Child Support, Loans
POSTED: Thursday, June 5, 2008
UPDATED: 11:34 am CDT June 5,
2008
Former boxing champion Evander Holyfield is in financial trouble.Holyfield's 235-acre Georgia estate -- worth an estimated $10 million -- is under foreclosure, according to a recent legal notice. It is set to be auctioned off next month.The ex-champ, 45, is also behind in child support. According to the Atlanta Journal-Constitution, the mother of Holyfield's 10-year-old son -- one of his children -- filed a petition for contempt over two missed child-support payments.The mother said she was told by Holyfield's representatives not to expect payments that would total $6,000 for May and June, the newspaper reported.Holyfield also owes money to a Utah consulting company. The company sued the boxer last month for failing to repay a $550,000 loan.Holyfield tallied a 42-9-2 record throughout his professional career. The 1984 Olympic bronze medalist last fought on Oct. 13, 2007, in a 12-round loss to Sultan Ibragimov.
Distributed by Internet Broadcasting Systems, Inc. The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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