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.
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