1. Evander Holyfield
Mike Tyson may have taken a bite out of his ear in 1997, but Evander's been taking a bite out his own checking account ever since. Though Holyfield earned over $230 million during the course of his career, the former heavyweight champion, who once purchased a 109-room mansion, is pretty broke. Oh…and the mansion was repossessed and auctioned off last year. His shortcomings? Child support. Reports surfaced last year than Holyfield still owed a whopping $327,858.
3. Mike Tyson
The mere mention of “Iron Mike” used to send chills down the spine of fans and fellow boxers alike, but he must have been the only one feeling afraid when he filed for bankruptcy in 2003. From his expensive divorce to his penchant for exotic animals (he owned tigers), it’s no surprise Tyson’s reported $300 million in career earnings went down the drain. But Tyson’s had a bit of a comeback recently, his latest book Undisputed Truth has done well, and with some recent movie cameos and public appearances, he seems to be doing much better these days.
10. Latrell Sprewell
The quote will live on forever. In 2004 the NBA veteran was offered a three-year, $21 million dollar deal by the Minnesota Timberwolves. Sprewell famously declined the offer, claiming that it was not enough money for him to continue to “feed his family.” Then, he and his agent inexplicably declined every offer over the next year, claiming that they were all well below his talent level. A couple years later Sprewell was out of the league and dead broke. His yacht was seized and sold in a public auction, and he couldn’t make his monthly mortgage payments. Hindsight is 20/20, but wonder what Sprewell is thinking now?
This is for all the dingbats who think floyd is immune to what happens to more and more athletes.
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