The former heavyweight champion appears to be in serious financial trouble. His palatial estate in Fayette County is under foreclosure, according to a legal notice that appeared in a local newspaper, and is set to be auctioned by Washington Mutual Bank on July 1. The home is worth an estimated $10 million. The home boasts 104 rooms, 54,000 sq ft and sits on 235 acres just southwest of Atlanta.
Also, the mother of Evander Holyfield's 10-year-old son -- one of 11 children he's fathered -- says the boxing icon has missed two child-support payments, filing a petition for contempt in the Fayette County Superior Court. Back pay is just around $6100.