How Jack Clark Went Broke – MLB


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Clark was driven into bankruptcy in 1992 by his appetite for luxury cars. According to his bankruptcy filing, he owned 18 luxury automobiles, including a $700,000 Ferrari and a Rolls Royce. Clark was trying to pay 17 car notes simultaneously, and whenever he got bored with a car he would get rid of it and just buy another one. He ended up losing his 2.4 million-dollar home and his drag-racing business because of his extravagant spending habits. Despite one of the most publicized bankruptcies in baseball, Clark reportedly got back on his feet in the late 1990s.

YearTeamSalary
1977SF Giants$23,000
1978SF Giants$60,000
'79SF Giants$125,000
'85STL Cardinals$1,555,000
'86STL Cardinals$1,300,000
'87STL Cardinals$1,300,000
'88NY Yankees$1,500,000
'89SD Padres$2,000,000
'90SD Padres$2,000,000
'91Bo Red Sox$2,900,000
'92Bo Red Sox$2,900,000
'93MNTRL Expos$109,000