Rick Ross is reported to have purchased Evander Holyfield’s mansion which was valued at $10 million before the bank foreclosed on it and it was purchased by JPMorgan for $7.5 million.

The 54,000-square-foot spread, which sits on 105 acres and has 109 rooms, in 2012 for $7.5 million after it went into foreclosure. When the New York Times reported on it last November, the home was on the auction block with a bidding price that had reached $2.75 million. Holyfield reportedly owed $14 million on the 20-year-old mega-mansion at the time of foreclosure.

In addition to being listed as the “largest single family home in GA,” the 12-room, 21-bathroom main house boasts a 350,000-gallon outdoor pool, bowling alley, baseball field, and indoor lap pool. There’s also an extra 4,000-square-foot home on the property that one of Holyfield’s ex-wives resided in for a spell after their divorce.

Heads will remember that Ross archival 50 Cent bought Mike Tyson’s mansion which has become a disaster of an investment losing half it’s value from $18 million to $9 million.

It is being reported that Ross paid $2.5 million for the property, which considering at one point it was worth $10 million, is a steal. Hopefully Ross is able to pay the reported $17,000 a month utility bill.

Update: Ross speaks on buying his new pad.