According to recent reports, the former heavyweight champion is neck deep in child support debt, amounting to more than $500,000.
TMZ first reported that the legend owed $372,097.40 in back child support for his 18-year-old daughter, Emani Holyfield.
But he was recently held in contempt of court for failing to pay $563,900.91. He was ordered to pay $2,950 a month to clear the incredible debt. He cut a check for $17,700 to help a little.
He now owes 546,200.91.
The battle has just begun.