EVANDER HOLYFIELDS 'Where/how the money went'..

[lefty]

whilst we dont all agree on who is at fault and so forth I think we can all agree that is a tragic state of affairs though right?

Sorry not me. Over the past 30 years the guy has managed to plough through over a reported $350,000,000! Whether that is through bad investments, giving it away to a church, paying off ex-wives or upkeep for his children is irrelevant imo. Many others coming from the same start in life are brilliant investors and very wise with their money, on account of them understanding what it is like to not have any.

He lived a quiet life away from having a hoard of sports cars and expensive jewellery (or whatever it says to that effect) - no he didn't - his house was a 54,000 sq feet mansion with swimming pool and god knows what else - see pics here:
http://www.dailymail.co.uk/sport/boxing ... olumn.html

The final auction showed 2 nice motors, with a final auction price of over $30k, that doesn't include the cars he sold whilst trying to meet payments. There was also thousands of dollars worth of jewellery, expensive furniture, etc., etc. From what I've seen he was taken to court to pay for his kids because he wasn't actually paying anything.

Far be it from me to tell someone how to spend or invest their money, but I won't feel bad for someone that blows the kind of money he has through frivolous spending.

Auction results for those interested: http://www.juliensauctions.com/auctions ... sults.html

Sorry not a popular view I know, but I find it annoying we are led to feel sorry for these multi-millionaires who have lost the lot, sportsman or not.

No i can understand your point of view to be fair. I didnt mean to defend him blowing the money, i just think its sad that a guy that has made that amount of money has some how managed to completely piss it up the wall and is now living in a condo! Its more the fact that he's in his 50's and still having to fight because of that, that I find sad.

[warriorbox]

whilst we dont all agree on who is at fault and so forth I think we can all agree that is a tragic state of affairs though right?

Sorry not me. Over the past 30 years the guy has managed to plough through over a reported $350,000,000! Whether that is through bad investments, giving it away to a church, paying off ex-wives or upkeep for his children is irrelevant imo. Many others coming from the same start in life are brilliant investors and very wise with their money, on account of them understanding what it is like to not have any.

He lived a quiet life away from having a hoard of sports cars and expensive jewellery (or whatever it says to that effect) - no he didn't - his house was a 54,000 sq feet mansion with swimming pool and god knows what else - see pics here:
http://www.dailymail.co.uk/sport/boxing ... olumn.html

The final auction showed 2 nice motors, with a final auction price of over $30k, that doesn't include the cars he sold whilst trying to meet payments. There was also thousands of dollars worth of jewellery, expensive furniture, etc., etc. From what I've seen he was taken to court to pay for his kids because he wasn't actually paying anything.

Far be it from me to tell someone how to spend or invest their money, but I won't feel bad for someone that blows the kind of money he has through frivolous spending.

Auction results for those interested: http://www.juliensauctions.com/auctions ... sults.html

Sorry not a popular view I know, but I find it annoying we are led to feel sorry for these multi-millionaires who have lost the lot, sportsman or not.

No i can understand your point of view to be fair. I didnt mean to defend him blowing the money, i just think its sad that a guy that has made that amount of money has some how managed to completely piss it up the wall and is now living in a condo! Its more the fact that he's in his 50's and still having to fight because of that, that I find sad.

Well there is always welcoming people into Casinos, I suspect that is where 90% of his money went anyway.

Actually the funniest thing about that auction is someone paid nearly $9000 dollars for the F'ing WBF World Title Belt! Would have been cheaper to buy one from Mick Croucher then fly to wherever Evander is and ask him to sign it. In a few years there will be another auction for another bankrupt fool where that belt will be one of the items. Fools and their money.

[SamWise72]

For $9,000, you could probably get the WBF to set you up a title fight against a ringer who would take a dive, and you could be champ yourself!

[Wa1nuts]

So far it sounds like not one single one of you has actually read the interview.

This.

Why? Because anyone dares mention the fact that a man who has earned so much in a quarter of a lifetime has spent more than you should in 5-10 lifetimes? It's alright him blaming other people, and this article is obviously supposed to be pro-Holyfield, but get real, his name has been linked to PEDs too many times, with constant denials from Holyfield himself, for me to think he is Mr Honesty with these stories, not to mention rumours of domestic abuse.
He obviously isn't flat broke, and likely never will be, so good luck to him, but I'm not going to feel sorry for him.
And I like Holyfield the boxer.

http://www.BS.com/hall-famer-t ... deal--7753

I'm sorry but that article is the most ridiculous thing Ive read in a long time. Id love to know what this "steroid drink" is that makes you instantly have more energy, or "steroid cream" that has an instant effect?! And makes your eyes burn?!!! Absolutley ridiculous.

[forcefraser]

I have used steriod cream. It is quality.

Any muppet who wastes as much money as holyfield has done is a damn fool. Simple as. There is no excuse at all. None.

Why have 17 bathrooms? Surely two or four is enough? You can`t shat in more than one at once anyhow.

[reggaereggae]

6 mothers and 12 children are gonna rape you for cash no matter who you are. Esp if they are also from a poor background.

Really? What a self indulgent, irresponsible man and a hypocrite. And also, to all those taking Holy's side; ask anyone involved in the business about his extensive PED abuse, in other words cheating in a life threatening sport. Yes, Evander has a terrific will to win and courage beyond call of duty, but that doesn't mean he isn't a bad person

[Ratchet Exits Nu]

6 mothers and 12 children are gonna rape you for cash no matter who you are. Esp if they are also from a poor background.

Really? What a self indulgent, irresponsible man and a hypocrite. And also, to all those taking Holy's side; ask anyone involved in the business about his extensive PED abuse, in other words cheating in a life threatening sport. Yes, Evander has a terrific will to win and courage beyond call of duty, but that doesn't mean he isn't a bad person

These people who knew about his drugs. Who are they?

Haters gonna hate?

[Ratchet Exits Nu]

The saddest part of this saga is his ignorance. But he admits that.

I can imagine Qwai screaming "nooooooo like one of the gnomes on the ikea add whenever Holyfield was on TV.

Say no to GNOMES!!!

[loaded_gloves]

Really? What a self indulgent, irresponsible man and a hypocrite. And also, to all those taking Holy's side; ask anyone involved in the business about his extensive PED abuse, in other words cheating in a life threatening sport. Yes, Evander has a terrific will to win and courage beyond call of duty, but that doesn't mean he isn't a bad person

Ask anyone involved in the business? Oh please.

Who? Give us some names?

Who do you know? This is all heresay and rumour. You sound like you believe in conspiracy theories and whatever moronic unsubstantiated misinformed babble you read on youtube.

You are responsible for what you write on a public forum, do you know that? Worth thinking about when you accuse people of using PEDs.

[Final round]

I thought that Evan Fields who lived at Holyfields house had steroids delivered to him, signature required. No-one would ever think Evander knew anything about it ..

[loaded_gloves]

That was a tabloid-like online article, from the same website that brought us 'Evander Holyfield has balls the size of peanuts' as a serious news story.

It's amazing that such a tawdry and disreputable article has lingered on so long, given what happened in reality to Shane Mosley, Roy Jones, James Toney, Frans Botha, Sam Soliman etc etc etc.

[warriorbox]

That was a tabloid-like online article, from the same website that brought us 'Evander Holyfield has balls the size of peanuts' as a serious news story.

It's amazing that such a tawdry and disreputable article has lingered on so long, given what happened in reality to Shane Mosley, Roy Jones, James Toney, Frans Botha, Sam Soliman etc etc etc.

I can't help but think you are a bit blinded by your admiration of what a warrior Holyfield was in the ring. This article is from ESPN and also highlights Sports Illustrated as an additional source http://sports.espn.go.com/espn/news/story?id=2782741

As far as I'm concerned Holyfields name being linked to those two pharmacies and his insistence he will 'run his own investigation and clear his name' but never actually doing so, is proof enough for me. Too many stories over too many years for it to have no truth at all.

[Ratchet Exits Nu]

That was a tabloid-like online article, from the same website that brought us 'Evander Holyfield has balls the size of peanuts' as a serious news story.

It's amazing that such a tawdry and disreputable article has lingered on so long, given what happened in reality to Shane Mosley, Roy Jones, James Toney, Frans Botha, Sam Soliman etc etc etc.

I can't help but think you are a bit blinded by your admiration of what a warrior Holyfield was in the ring. This article is from ESPN and also highlights Sports Illustrated as an additional source http://sports.espn.go.com/espn/news/story?id=2782741

As far as I'm concerned Holyfields name being linked to those two pharmacies and his insistence he will 'run his own investigation and clear his name' but never actually doing so, is proof enough for me. Too many stories over too many years for it to have no truth at all.

Too man y stories but no real investigation by anyone, this was not a BALCO type thing, its all hearsay and no governing body has enforced any ban suspension for drug offences.

Sad the way his money went.

[warriorbox]

That was a tabloid-like online article, from the same website that brought us 'Evander Holyfield has balls the size of peanuts' as a serious news story.

It's amazing that such a tawdry and disreputable article has lingered on so long, given what happened in reality to Shane Mosley, Roy Jones, James Toney, Frans Botha, Sam Soliman etc etc etc.

I can't help but think you are a bit blinded by your admiration of what a warrior Holyfield was in the ring. This article is from ESPN and also highlights Sports Illustrated as an additional source http://sports.espn.go.com/espn/news/story?id=2782741

As far as I'm concerned Holyfields name being linked to those two pharmacies and his insistence he will 'run his own investigation and clear his name' but never actually doing so, is proof enough for me. Too many stories over too many years for it to have no truth at all.

Too man y stories but no real investigation by anyone, this was not a BALCO type thing, its all hearsay and no governing body has enforced any ban suspension for drug offences.

Sad the way his money went.

Sad how professional athletes / sportspeople can cheat the drug testing. Lance Armstrong comes to mind. It's hearsay if you are choosing not to believe it but those that run the pharmacies are now doing hard time, and Holyfields name was directly linked to their operation.

[Ratchet Exits Nu]

Sad how professional athletes / sportspeople can cheat the drug testing. Lance Armstrong comes to mind. It's hearsay if you are choosing not to believe it but those that run the pharmacies are now doing hard time, and Holyfields name was directly linked to their operation.

Innocent until PROVEN guilty.

But PAC is clean?

[Datsue]

Reading this reminds me why, growing up, my mother was quite tolerant of the booze and weed but would start reading me the riot act on contraception the instant any girls floated into the picture. "If you knock up some tart, Dookus, I'll effing kill you," I believe it was.

She sounds eerily like my mother.

Here, you're not my sister, are you? That'd be fornicating weird.

Also:

whilst we dont all agree on who is at fault and so forth I think we can all agree that is a tragic state of affairs though right?

Not so tragic if you were his builder

Sober, wise words that we can all learn from.

[reggaereggae]

Really? What a self indulgent, irresponsible man and a hypocrite. And also, to all those taking Holy's side; ask anyone involved in the business about his extensive PED abuse, in other words cheating in a life threatening sport. Yes, Evander has a terrific will to win and courage beyond call of duty, but that doesn't mean he isn't a bad person

Ask anyone involved in the business? Oh please.

Who? Give us some names?

Who do you know? This is all heresay and rumour. You sound like you believe in conspiracy theories and whatever moronic unsubstantiated misinformed babble you read on youtube.

You are responsible for what you write on a public forum, do you know that? Worth thinking about when you accuse people of using PEDs.

Whatever. You can put your head in the sand if you want. I bet you thought Roy jones, Shane Mosley, Fermando Vargas were clean until they got caught. Testing is awful in pro boxing, money means nobody actually wants the boxers to test guilty. Lance Armstrong competed in one of the most rigorously tested sports as did Ben Johnson, yet they passed hundreds of tests

[chinny]

I saw Holyfield on Saturday afternoon walking around the MGM Grand eating a McDonalds while chatting on his phone. I was surprised I am taller than him (I'm 6ft 3).

Not all that relevant to this thread. Except the McDonalds bit possibly.

[Clint Magnum]

To think of the coin that has passed through the hands of Tyson and Holyfield!
It makes you realise just how switched on Gene Tunney was back in the day but moreso the ATG Harry Wills. He died a wealthy man yet was a black boxer throughout the 1920's with no formal education. As amazing outside the ring as he was in it!

[HellraiserBoxing]

This is tragic. Last time I saw Holyfield was in Mexico a couple of years ago. He was speaking to loads of promoters about coming back. The impression I got was that he was over-estimating his box office value at this late stage. I saw him sparring before he boxed James Toney at the Mandalay Bay and lumped on Toney because of how much EH seemed to have deteriorated. He would have nothing left now so I hope he calls it quits soon!

[n1ebf]

It makes you realise just how switched on Gene Tunney was back in the day but moreso the ATG Harry Wills. He died a wealthy man yet was a black boxer throughout the 1920's with no formal education. As amazing outside the ring as he was in it!

nice post, I might have to look this guy up... .....perhaps there are more sharks around now than back then but yeah, for a fella to keep hold of his cash and faculties back then sounds unlikely, and a black man probably moreso - although don't ask me to articulate an accurate reason for the last part as I can't

I remember seeing the cameras going into Holyfield's home on TV/ maybe even the Boxing News. It was massive and marble everywhere - quite the picture of success story. This sounds like the self-same property. There's probably a very good lesson to be learned in there for everybody about living within your means.

[Ratchet Exits Nu]

It makes you realise just how switched on Gene Tunney was back in the day but moreso the ATG Harry Wills. He died a wealthy man yet was a black boxer throughout the 1920's with no formal education. As amazing outside the ring as he was in it!

nice post, I might have to look this guy up... .....perhaps there are more sharks around now than back then but yeah, for a fella to keep hold of his cash and faculties back then sounds unlikely, and a black man probably moreso - although don't ask me to articulate an accurate reason for the last part as I can't

I remember seeing the cameras going into Holyfield's home on TV/ maybe even the Boxing News. It was massive and marble everywhere - quite the picture of success story. This sounds like the self-same property. There's probably a very good lesson to be learned in there for everybody about living within your means.

If Holyfield had just paid off his mortgage with one of his fights then he would be ok.

Some scummy financial advisor told him to use a scheme to pay off the loan and keep his capital, what he really meant was 'let me get a huge commission cheque every month and eff you, Holyfield!

I read it was a $12M home and Evander earned $64M in one a particular year.

[n1ebf]

It makes you realise just how switched on Gene Tunney was back in the day but moreso the ATG Harry Wills. He died a wealthy man yet was a black boxer throughout the 1920's with no formal education. As amazing outside the ring as he was in it!

nice post, I might have to look this guy up... .....perhaps there are more sharks around now than back then but yeah, for a fella to keep hold of his cash and faculties back then sounds unlikely, and a black man probably moreso - although don't ask me to articulate an accurate reason for the last part as I can't

I remember seeing the cameras going into Holyfield's home on TV/ maybe even the Boxing News. It was massive and marble everywhere - quite the picture of success story. This sounds like the self-same property. There's probably a very good lesson to be learned in there for everybody about living within your means.

If Holyfield had just paid off his mortgage with one of his fights then he would be ok.

Some scummy financial advisor told him to use a scheme to pay off the loan and keep his capital, what he really meant was 'let me get a huge commission cheque every month and eff you, Holyfield!

I read it was a $12M home and Evander earned $64M in one a particular year.

that sheds some light on it but it still smacks of if my aunty had balls she'd be my uncle....If he had used summa that 64mil to pay off his mortgage he'd have probably been done by the IRS for not paying his taxes.
But yeah - that's what he should have done.
Burton's Menswear got me in the exact same way on a storecard when I was about 20. Same thing just the other end of the spectrum.....only went in for a shirt and walked out with 130quid's worth of gear, safe in the "knowledge" that I'd be straight down at the end of the month to pay that off

the TV people have a certain way of glossing over all the sh*t, they go round with there cameras like Holyfield is a God, nobody thinks to say "do you actually own this?".

[n1ebf]

it was well documented that the down to Earth Holy took his new wife and the kids to the equivalent of a McDonald's for the post-wedding dinner.......looking at it now they must have just preferred the food there.

[Tomasino]

whilst we dont all agree on who is at fault and so forth I think we can all agree that is a tragic state of affairs though right?

Sorry not me. Over the past 30 years the guy has managed to plough through over a reported $350,000,000! Whether that is through bad investments, giving it away to a church, paying off ex-wives or upkeep for his children is irrelevant imo. Many others coming from the same start in life are brilliant investors and very wise with their money, on account of them understanding what it is like to not have any.

He lived a quiet life away from having a hoard of sports cars and expensive jewellery (or whatever it says to that effect) - no he didn't - his house was a 54,000 sq feet mansion with swimming pool and god knows what else - see pics here:
http://www.dailymail.co.uk/sport/boxing ... olumn.html

The final auction showed 3 nice motors, with a final auction price of around $70k, that doesn't include the cars he sold whilst trying to meet payments. There was also thousands of dollars worth of jewellery, expensive furniture, etc., etc. From what I've seen he was taken to court to pay for his kids because he wasn't actually paying anything.

Far be it from me to tell someone how to spend or invest their money, but I won't feel bad for someone that blows the kind of money he has through frivolous spending.

Auction results for those interested: http://www.juliensauctions.com/auctions ... sults.html

Sorry not a popular view I know, but I find it annoying we are led to feel sorry for these multi-millionaires who have lost the lot, sportsman or not.

As much as I admire the great Holyfield the fighter, the man seems to have made a complete arse of it.

Very good post.