ATLANTA (AP) – Former boxing great Evander Holyfield is moving out of his multimillion dollar mansion in metro Atlanta.

A spokesman for JP Morgan Chase tells the Atlanta Journal-Constitution the Alabama native is clearing out of the home.

The 109-room mansion sits on 235 acres near Fairburn. The investment firm purchased it for $7.5 million at a foreclosure auction in March.

Chase spokesman Greg Hassell says the company gave Holyfield several months to move.

Holyfield reportedly owes more than $14 million on the house, including federal taxes.

The former heavyweight champion is from Atmore, Ala.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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