expire-images2009-6-5

Evander Holyfield Joining The Famous Foreclosure List

Filed under: Estates, Celebrity Shopping

The foreclosures are coming fast and furious these days. The latest is boxing champion Evander "Real Deal" Holyfield. The Atlanta Journal-Constitution reports that the mother of Evander Holyfield's 10-year-old son says he has missed two child-support payments. Holyfield's reps told her not to expect the payments. Holyfield, who has 11 children total, is apparently in financial distress. His mansion in Fayette County, Georgia is under foreclosure. The home, which is worth $10 million is set to be auctioned by Washington Mutual Bank on July 1. Holyfield has also been sued by a consulting company for not paying back a $550,000 loan. This may explain why 45-year-old Holyfield has been trying to get back into the boxing ring for another heavyweight championship. Holyfield made significant money over the course of the years but like too many other sports figures seems to have wound up not holding on to much of it.

Gallery: Celebrity Foreclosures