Athletes Gone Broke – The List
“In a less public way, other athletes from the nation’s three biggest and most profitable leagues—the NBA, NFL and Major League Baseball—are suffering from a financial pandemic. Although salaries have risen steadily during the last three decades, reports from a host of sources (athletes, players’ associations, agents and financial advisers) indicate that:
• By the time they have been retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce.
• Within five years of retirement, an estimated 60% of former NBA players are broke.”
above taken from Sports Illustrated – “How and Why Athletes Go Broke” (March 23, 2009).
** Click on a players name to be taken to their page **
Baseball
Basketball
Allen Iverson
Antoine Walker
Dennis Rodman
Derrick Coleman
Eddy Curry
Jason Caffey
Kenny Anderson
Latrell Sprewell
Rick Mahorn
Robert Swift
Scottie Pippen
Shawn Kemp
Sheryl Swoopes
Vin Baker
Boxing
Evander Holyfield – Child Support drama
Mike Tyson
Football
Bernie Kosar
Charlie Batch
Chris McAlister
Dermontti Dawson
Deuce McAllister
JaMarcus Russell
Johnny Unitas
Lawrence Taylor
Mark Brunell
Michael Vick
Muhsin Muhammad
Raghib “Rocket” Ismael
Terrell Owens – $50 Severance
Tiki Barber
Travis Henry
Warren Sapp
Andre “Bad Moon” Rison
Soccer
George Best
John Arne Riis
Misc.
Marion Jones
