Former world heavyweight champion Evander Holyfield is under threat of having his driving licence suspended if he does not pay back child support of $328,000.
Holyfield owes the money to Georgia Department of Human Services, which has been added to the ex- champion’s list of debtors for reportedly attempting to collect child support payments for months now.
Holyfield was reportedly ordered by the courts to pay more than $500,000 for one of his daughters. The courts placed him on a monthly payment plan of $2,950 in order to satisfy the child support demand, and although he whittled away at the whopping grand total, he still reportedly owes an exorbitant amount.
Now a Georgia judge has given the agency the go-ahead to begin the process of suspending Holyfield’s driver’s licence in an effort to motivate him to pay his child support debt. A hearing has been set for August to check on Holyfield’s progress in satisfying the support payments.
The five-time heavyweight champion, who earned a staggering $250 million through boxing, had his palatial 54,000-square-foot home in Georgia repossessed last year because he was in debt to the tune of $14 million. He was then forced to auction off his memorabilia and precious keepsakes in order to keep himself out of his financial hole, which consists of child support debts for some of his 11 children, delinquent taxes, unsettled lawsuits, divorce, and poor money management.
According to BoxingScene, Holyfield (44-10-2, 29 KOs) may face heavyweight prospect Krzysztof Zimnoch (14-0-1, 11 KOs) in November. The fighter dubbed ‘Real Deal’ will be 51 on October 19th and hasn’t fought since May 2011.
