In 2008, the NBA Players’ Association claimed that 60 percent of pro basketball players go broke within five years of retirement. It’s not hard to see why. In the annals of “easy come, easy go,” few people see it come and go like professional athletes.
While it’s true that many take their salaries and invest them in sensible and enduring business ventures, many others squander their multimillion-dollar salaries on expensive cars, jewelry and mansions, and when the checks stop coming in, they have little to show for it.
The 15 Athletes Gone Bankrupt Include: Mike Tyson, Michael Vick, Kenny Anderson, Lenny Dykstra, Latrell Sprewell, Lawrence Taylor, Johnny Unitas, Dorothy Hamill, Jack Clark, Marion Jones, Derrick Coleman, Mark Brunell, Scottie Pippen, Antoine Walker, and Tony Gwynn.
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