These Athletes Have Lost Their Jobs And Their Millions
From Colin Kaepernick and Michael Vick to O.J. Simpson and Evander Holyfield, see the richest athletes in the world who are now broke on The Finance Chatter!
Evander Holyfield – Child Support and Debt
New York Times
You probably know Evander Holyfield for one of two reasons. Either, as one of the greatest boxers of all-time or as the man who has his ear bitten off by Mike Tyson. As one of the greats, he earned millions upon millions. However, Holyfield eventually began to have financial struggles that first started with child support issues. Unfortunately, that later turned into a major downward spiral for the boxer.
Ultimately, Holyfield was forced to sell his mansion, seen above, for $7.5 million. Still, this was just a small fraction of what he owed to the bank! In fact, he owned more than twice as much in back taxes! To make matters worse, his financial situation became public and the world watched as Holyfield sold off all his possessions, one by one.
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