Holyfield's House to Be Auctioned

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Holyfield's House to Be Auctioned

Post by Nanoman on June 5th 2008, 9:45 pm

Ex-champ Holyfield apparently in financial straits
By PAUL NEWBERRY 06.05.08, 7:15 PM ET
ATLANTA - Maybe now we know why former heavyweight champion Evander Holyfield wants to keep fighting at age 45. The "Real Deal" appears real broke.

His $10 million estate in suburban Atlanta is under foreclosure, the mother of one of his children is suing for unpaid child support, and a Utah consulting company has gone to court claiming the boxer failed to pay back more than a half million dollars for landscaping.

A legal notice that ran Wednesday in a small local newspaper said Holyfield's estate will be auctioned off "at public outcry to the highest bidder for cash" at the Fayette County courthouse on July 1. The 54,000-square-foot home - located on Evander Holyfield Highway - has 109 rooms, including 17 bathrooms, three kitchens and a bowling alley.

Meanwhile, Holyfield's handlers allegedly told the mother of one of his children that he will no longer be able to make his $3,000-a-month support payment. Toi Irvin claims the boxer has already missed two payments, so she has gone to court seeking restitution.

http://www.forbes.com/feeds/ap/2008/06/05/ap5087474.html
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