He used to be a big star, known for his temperament and millions he got. At present, boxing experts claim – he counted six loss points. Evander Holyfield is just one of the athletes that touch the bottom. We present to you one of the most controversial athletes and one of the largest financial accidents in the world of sports – which brought this famous athletes to the verge of collapse.

Holyfield – The Rise And Fall Of The Star

There is something strange about athletes – especially boxers. Just like Mike Tyson – the opponent of the big evander Holyfield played a little with money. The fourth world champion made $ 560 million during his career. And then he seemed to get lost. In particular, he forgot to pay allowances for eleven of his children. That’s why he got a lawsuit – and the cost of everything. Who knows, maybe his roar right hand, which with him he tore his opponents – tired of writing a check for the children, so he decided to stop with it. However, now he dreamed of the same dream with all “ordinary humans” – around six zeros in his bank account.

The Rise Of The Legend

Only 12, Holyfield began boxing training. Some say it’s too late, but not for this Goliath. He quickly began winning the tournament for the young category, so only 13, he managed to win his first Junior Olympics. The increase in his boxing career which was very quick to bring him to the fact that at the age of 15-16, he was a champion who won the award for the best boxer. As a big talent, which took him directly to the US national team for the 1984 Olympics – and he justified the trust by winning a bronze medal. Its very fast progress made it a pro at the age of 21 years. In just 9 years, from a boy who started boxing training – at the age of 21, he began fighting for the first serious title in professional boxing and a large cash prize.

Lavish Talent Or Desire For Power

Since 1985, when he entered a serious professional match – Holyfield only had a series of successes. Every year or month he brought the new title and the rigidity of the ring fell before him. Every year it’s new success – and one step further towards the desired destination as the best in the world. And then a 1990 match and famous match against Buster Douglas which should connect all heavy titles – rings, lineal, WBC, WBA, and IBF.

Buster Douglas was the only boxer who managed to beat Mike Tyson before this and took his title. However, he did not keep the title for a long time – because he ran to Evander who was strong and nonstop. The success of follow, but everyone expects a famous match with Tyson – because he is the only one who can beat Holyfield.

The mighty Holyfield endlessly and sent Tyson twice to ‘sleep’ during the match. Even though he could stay without his ear – it didn’t stop him to kick Mike Tyson, who couldn’t be contested until the match. Holyfield has been the king above the ring, but also in real life – because of the major premiums of awards and sponsors began to hit his head. For the 1997 match against Tyson, he gained more than $ 33 million.

Money And How To Lose It

Like his great opponent Tyson – Holyfield is also not too careful with money. Even though he took $ 30 million for a match with Tyson – he wasn’t too economical in terms of money. How does someone with so much money allow him to go bankrupt? According to Follownews.com – expensive life and expensive divorce spend a lot of costs. After a while, boxing is no longer the basic income inflow he has.

He got more than his name. Contracts with Diet Coke carry a large amount of money. In addition, being a trademark of video games for SEGA companies bring it some serious advantages. He even involved with the actual grill cooking tool in cooperation with Cirtran Corp.

So what happened to the Great Evander Holyfield? This celebrity athlete finally fell to a low branch. He even participated in many reality shows like sister, dancing with stars, etc. However, no one helped him go bankrupt.

Successful In Boxing – Bad In Finance Management

The success of vertiginous and a very large cash prize did not guide this champion on the right path. Even though he was disciplined and smart as a boxer – for all the other things he didn’t move from his opponent Tyson. Even though he gained more than $ 560 million throughout his career – madness in spending money winning. He was less than forty years old when he could choose how to invest the big millions he got. However, he ended up like most athletes who were arrogant in debt and unpaid mortgages and mortgages.

The Bottom Line

The conclusion is excessive because today it is estimated that Holyfield is worth about half a million dollars – and that is the amount he uses to get only 10 seconds of advertising. However, who knows? Holyfield cannot be predicted in life, as in boxing. Maybe he would realize and stand firmly on both legs when he used to when he ruled the ring.