25 Rich Athletes Who Went Broke

by Drea Knufken May 18, 2009, 2:02 pm 405k Views

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Athletes may boast eye-popping sports abilities, but when it comes to money, their inability to control their bad spending habits comes out.

More than two-thirds (78%) of former NFL players are broke or financially stressed after retirement, and 60% of former NBA players go broke five years after retiring,

A very large number (78%) of former NFL players are broke or financially stressed after retirement, and 60% of former NBA players go broke five years after retiring, according to Sports Illustrated.

Broke athletes are practically an epidemic.

Read about the 25 athletes who went broke below, and you’ll understand why.

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Bjorn Borg Darren McCarty Deuce McAllister Dorothy Hamill Evander Holyfield Jack Clark Johnny Unitas Lawrence Taylor Leon Spinks Raghib "Rocket" Ismael Rollie Fingers Scott Eyre Scott Harrison Sheryl Swoopes toparticles Travis Henry

Written by Drea Knufken

Currently, I create and execute content- and PR strategies for clients, including thought leadership and messaging. I also ghostwrite and produce press releases, white papers, case studies and other collateral.