Evander Holyfield has retired

I can only guess that maybe when you've never had anything, and suddenly come into heaps of money, you tend to spend it like water with no thought of tomorrow.
Maybe it's like a starving child eating while the eating's good, I don't know exactly.
It might make for a good thread discussion one day, because boxers seem to be particularly prone to it.
And Evander was not an uneducated guy either.

 

Never said that anything he said wasn't correct, I actually agree, I was more just commenting regarding the attitude of the comment reminded me of how Seamus used to be when I first joined ESB.

 

War Holyfield. What a man :smoke

 

I think it also has to do with the payments they rack up. They dont handle their own personal finances and their payments on homes cars and child support get so big and out of hand that by the time they try to do something about it, their savings just gets eaten up.
Regardless of having nothing coming up why would you want to go back to that? Cant imagine going from what Evander had to absolutely nothing. I know Tyson had a very difficult time dealing with it, and he still lived quite well shortly after his bankruptcy. Evander is now broke living in a rented apartment.

 

Exactly,

I will also ad that managing a multi million dollar estate ( not that I know ) is a full time business in and of itself. And it requires having the very best of professionals, ie. attorney's, money managers, brokers, bankers, accountants, etc, to keep your earnings safe and thriving. If you have the wrong people or worse yet, no people doing these things a 300 million dollar estate can disapear in no time.. Taking these factors coupled with irresponsible spending habits, bad investments, multiple wives with unlimited credit card access, divorse court settlings, child support claims and corrupt business men digging in your pockets and it puts a millionaire right where Holyfield is today.

 

Well I live in a multimillion dollar estate (not as big as Holy's I might add), and I also came from nothing, but I have always respected money and understand its hard to earn it and twice as hard to save it.
Ive seen some of my friends squander their fortunes, and going back to my other post, it always seems they take their monthly income and rack up a bunch of payments on things they dont own and save nothing and keep adding monthly payments. They dont payoff their homes, they lease a ton of cars and spend money like crazy on worthless depreciating assets. When the income stops they dont change their lifestyle and when you live in that type of lifestyle your talking, as in the case of Holyfield, hundreds of thousands a month in payments going out the door. Just his home alone cost 83K a month to support. It doesnt take long to dry up your money, not mention Holy had gambling problems, ex wives, children to suport and thats before even having a meal out himself. You really have to have a good understanding of how to live within means and its not really that hard. Most people cant comprehend wasting that kind of money, but its actually easier to blow a lot of money once you live this type of lifestyle. Flying private, entourages, big homes, expensive cars, women, jewelry, clothing. It can go real quick if your're not careful.

 

To celebrate my softer, more inclusive and compassionate side, I will dedicate my next headbutt to the master, Evan Fields.

 

Agree with both you guys.

 

I'll miss Commander Vander.

He deserves better than what he is lined up for. He works his ass off, fought so hard. Nice guy. Liked most of his kids.

Poor *******.

 

He should have used his mansion as a hotel of sorts

 

Heard one of his kids is actually trying to sue him

Now thats messed up

 

And then there is this...


http://www.sportsonearth.com/article/39876772

 

Hes a survivor in and out of the ring. Even if he can't live
the high life he'll be alright. So many talentless people
making millions, damn shame Holy had all the talent in the wworld
Id love to see Holy train USA for the next olympics. Perhaps he can work
behind the scenes in boxing in some capacity.

 

He's the eternal warrior of boxing. One man who won't ever truly hang them up. Even if he will no longer get any fights, he will still be thinking about unifying those heavyweight titles.

 

Last of the old guard .