How Rich Athletes End Up Broke

Why Rich Athletes end Up Broke

This movie examines how so many millionaire athletes not only lose most of the money they gain from professional sports contracts, but end up flat broke.

Former Athletes and Rich Folks Featured in This ESPN Program are;

Andre Rison – Former NFL Wide Receiver
Carmelo Anthony – Denver Nuggets – NBA
Evander Holyfield – Professional Boxer
Shelly Finkel – former Boxing Promoter
Keith McCants – Former NFL Linebacker
Herman Edwards – Former NFL Coach & Cornerback
Leon Searcy – Former NFL Offensive Lineman
Bart Scott – NFL Linebacker
Sean Salisbury – Former NFL Quarterback
Jamal Mashburn – Former NBA Player
Homer Bush – Major League Baseball
Eugene Lockhart – Former NFL
Reggie Wilkes – Former NFL
Bernie Kosar – Former NFL Quarterback
Curt Schilling – Former Major League Baseball Pitcher
Cliff Floyd – Former MLB Outfielder
Ron Insana – Business Analyst
Dante Wesley – Former NFL Cornerback
Joe Nocera – New York Times
Ed Butowsky – Financial Adviser
Winfred Tubbs – Former NFL

Some of these former millionaires lost their money by gambling, partying, and by simply not counting how much they spent versus how much they had left. They also pay millions in taxes which comes as a surprise to most new players. Most NFL players live paycheck to paycheck while losing money on women, bad business deals, and gambling.