Athletes who lost their fortune and can no longer afford their extravagant lifestyles

Athletes who lost their fortune and can no longer afford their extravagant lifestyles

From the moment a player gets drafted, they know they’ve officially made it. After hours upons hours of backbreaking hard work, they can finally say that they’ve achieved the greatest accomplishment of all – becoming a professional athlete. Whether it’s the NBA, NFL, MLB, or any other sport for that matter, the amount of money they earn is staggering. The players on this list made tons of millions of dollars – and somehow managed to blow it all away.
You’re probably thinking to yourself, “How on earth could you become a multi-millionaire and lose it all?” This is an excellent question to ask, and one that this article will answer surely. As you continue to hear the various stories of these athletes, you’ll start to notice a bit of a trend. Some of them received bad advice. Some of them invested it poorly. Some were dealing with substance abuse, and gambling addictions as well.
One thing is consistent, however. They all lost track of their money, and they didn’t manage it well. And they certainly can no longer afford to live the fancy lives they once used to enjoy.
[post_page_title]Dennis Rodman – Basketball[/post_page_title]
Dennis Rodman didn’t lose all of his money from coloring his hair before every basketball game – but it probably didn’t help. Nicknamed the Worm for his crazy rebounding abilities, Rodman won five championships throughout his time in the NBA (two with the Pistons, three with the Bulls).
Dennis Rodman – Basketball

But while he made millions playing pro ball, in his later years he found himself owing up to $800,000 in unpaid child support – and his finances were far from stable.

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