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Get Your Life Together: Evander Holyfield Sells House For $7 Million But Owes Bank $14 Million

UE Radio Live June 8, 2012 News No Comments

Evander Holyfield Sells House For Millions But Still Owes The Bank Money

$7.5 Million down, a whole lot more to go. Especially when you still owe this much in child support.

Via TMZ:

Good news: Boxing legend Evander Holyfield recently sold his house for $7,500,000!!!

Bad news: It was at a public auction, he actually owes the bank twice that amount … and he also owes over $200,000 in back taxes.

According to docs filed in Georgia, Holyfield’s massive mansion — 54,000 sq. ft on 234 acres — outside Atlanta sold at public auction on March 6 … but part of the money will go directly to Uncle Sam to pay off his back tax bill.

As for the rest … according to the documents, Holyfield owed more than $14,000,000 on the house — plus more than $2500 in foreclosure expenses. It’s unclear whether the bank is going after him for the balance.

SMH.


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