Thursday, June 5, 2008

Holyfield's Home In Foreclosure

Former heavyweight champion and fellow ATLien, Evander Holyfield is reportedly facing hard times financially. The boxer who was once paid $34 Million to be used as a chew toy for Mike Tyson is being sued for back child support and is also facing foreclosure of his Fayette county estate. The foreclosure notice reported that the home is set to be auctioned off by Washington Mutual Bank on July 1, just days before Holyfield’s annual 4th of July bash. The home is worth an estimated $10 million.
Holyfield is also being sued by aUtah consulting company for failing to repay a $550,000 loan. The money was borrowed to pay for landscaping on his 235-acre estate. (Source)

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