Top 10 Worst Financial Meltdowns by Athletes

[grandpa jones]

Sports Illustrated looked into the reasons athletes go broke
and published its report in 2009. One of the most common mistakes they
make is sinking money into startups. It’s a bad bet to invest in a
restaurant franchise trying to take on an established chain (Raghib
Ismail). Then there’s profligate spending (Mike Tyson and others),
divorce (see Mike Tyson) and drugs (Maradona).

With the pitfalls in mind, AdvisorOne presents its list of the Top 10 Worst Financial Meltdowns by Athletes.>>> source</p>

10. Johnny Unitas $4,000,000

9. Darren McCarty $6,000,000

8. John Elway $15,000,000

7. Rocket Ismail $18,000,000

6. Maradona $26,000,000

5. Sheryl Swoopes $50,000,000

4. Michael Vick $50,000,000

3. Lenny Dykstra $60,000,000

2. Derrick Coleman $87,000,000

1. Mike Tyson $ 400,000,000

 

[UpTheMiddlex3Punt]

How much did he lose on that divorce?

 

[goindhoo]

i was wondering where pippen and deuce were

 

[MaroonTyphoon]

How the hell did a WNBA player earn $50,000,000?

 

[windcrysmary]

Then end up getting busted for five cents worth of cocaine and homeless....how does ANYbody get busted for 5cents worth of coke?...dontae walker couldn't top that

 

[Todd4State]

to be a financial investment.

 

[The Usual Suspect]

?

 

[goldeneye]

Antoin Walker? Allen Iverson?

 

[MSDawg34]

http://bleacherreport.com...ess-the-jr-richard-story

 

[RonnyAtmosphere]

...Bleacher Report informs us Miss. State has given up on their season. I wasn't aware of that...


http://bleacherreport.com...s-who-must-win-in-week-5

 

[DancingRabbit]

Just like they say in the ads, "If it appreciates, buy it; if it depreciates, lease it".

 

[eurotrash]

on this list at some point. Not sure how much he has left from that $60 million contract in 2007.