Wednesday, July 11, 2012

What Happened to all that...Money!

He made 100 million 5 years...

Paid 20 million for this house.......owes 14 million for this house...

House was sold....for 7 million.

Some things just don't add up.   I'm not a math major......but....this is some shit.

From the New York Daily News:


Evander Holyfield leaving foreclosed Georgia mansion

Boxer’s 109-room mansion was purchased by JP Morgan Chase at a foreclosure auction in March, but Holyfield is just now leaving the home.

ATLANTA - MAY 3:  Four-time Boxing Heavyweight Champion of the World Evander "The Real Deal" Holyfield attends game Game Seven of the Eastern Conference Quarterfinals between the Miami Heat and the Atlanta Hawks during the 2009 NBA Playoffs at Philips Arena on May 3, 2009 in Atlanta, Georgia.  The Hawks won 91-78.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2009 NBAE (Photo by Scott Cunningham/NBAE via Getty Images)

Scott Cunningham/NBAE/Getty Images

Four-time Boxing Heavyweight Champion of the World Evander "The Real Deal" Holyfield.

Former boxing great Evander Holyfield is moving out of his multimillion dollar mansion in metro Atlanta.

A spokesman for JP Morgan Chase told the Atlanta Journal-Constitution the Alabama native is clearing out of the home. reports that moving trucks spent several hours at the mansion, but it was unclear where they were taking the boxer's belongings.


Jenni Girtman/AP

Former heavyweight champion boxer Evander Holyfield's home in Fairburn, Fayette County, Ga. is shown in 2008.

The 109-room mansion sits on 235 acres near Fairburn. The investment firm purchased it for $7.5 million at a foreclosure auction in March, but Chase spokesman Greg Hassell says the company gave Holyfield several months to move.

Holyfield reportedly owes more than $14 million on the house, including federal taxes. TMZ reports he also owes many back child support payments.

The former heavyweight champion is from Atmore, Ala.

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