Former heavyweight boxing champion Evander Holyfield is in deep financial crisis and it’s only going to get worse.
TMZ is reporting that Holyfield has been held in contempt of court for failing to pay over $500,000 in back child support.
As TMZ first reported, the GA. Dept. of Human Services went after Holyfield because he owed $372,097.40 in support for his 18-year-old daughter, Emani Holyfield.
But according to court docs filed recently in Georgia, that amount swelled to $563,900.91. Evander was held in contempt and ordered to immediately fork over $2,950 a month to clear the debt. Holyfield got a big head start by cutting a check for $17,700 … knocking his debt down to a cool $546,200.91.
But the payment plan is just the beginning … the judge ordered that a percentage of Holyfield’s income be earmarked to pay down the debt.
I’m not sure how he’ll ever resolve this situation.
I hope just he doesn’t end up in jail.