An idiot on the field and off the field apparently.
He’s not alone
Here are five athletes who filed for bankruptcy after their playing days were over.
Allen Iverson. Career Earnings: $150 million.
Boris Becker. Career Earnings: $126 million.
Antoine Walker. Career Earnings: $108 million.
John Daly. Career Earnings: between $55 million and $57 million.
Mike Tyson. Career Earnings $400 million.
I’ve seen this statement tossed around also:
According to a 2009 Sports Illustrated article, 78% of NFL players are either bankrupt or are under financial stress within two years of retirement and an estimated 60% of NBA players go bankrupt within five years after leaving their sport.