The Real Deal Goes Down?
June 16, 2008
AFTER his most recent fight, a unanimous-decision loss
to WBO heavyweight champ Sultan Ibragimov, Evander Holyfield said he would keep
fighting and was determined to recapture the heavyweight belt he last held in
2001. Maybe Holyfield, 45, is just another boxer who doesn't know when to give
up. Or maybe he just really needs the money. On June 4 the Fayette Daily News
published a foreclosure notice for Holyfield's 109-room mansion in Fairburn,
Ga., saying that mortgage holder Washington Mutual had scheduled an auction for
July 1. Last Friday an attorney for the lending company said the home had been
removed from auction, and Holyfield told the Atlanta Journal-Constitution that
"everything is all right with the house now."
AFTER his most recent fight, a unanimous-decision loss
to WBO heavyweight champ Sultan Ibragimov, Evander Holyfield said he would keep
fighting and was determined to recapture the heavyweight belt he last held in
2001. Maybe Holyfield, 45, is just another boxer who doesn't know when to give
up. Or maybe he just really needs the money. On June 4 the Fayette Daily News
published a foreclosure notice for Holyfield's 109-room mansion in Fairburn,
Ga., saying that mortgage holder Washington Mutual had scheduled an auction for
July 1. Last Friday an attorney for the lending company said the home had been
removed from auction, and Holyfield told the Atlanta Journal-Constitution that
"everything is all right with the house now."
But Holyfield, who made nearly $250 million in fight
purses, faces other financial issues. The mother of one of his 11 children has
alleged in court that he is behind on child support (a charge Holyfield
denies), and a Utah consulting company is suing the ex-champ for failing to
repay a $550,000 loan. The Real Deal, ever the optimist, downplayed his woes to
the Journal-Constitution. "I'm not broke," he said. "I'm just not
liquid."
