sports 26 Athletes Who Went Completely Broke  

People in Sports
11.0k views 26 items Embed

This list contains information about athletes who are broke, loosely ranked by fame and popularity. Several famous boxers, NFL players, and Olympians are broke. Some of these athletes made poor investments, while others squandered their money away on drugs and alcohol. One famous NFL player had less than $1,000 to his name when he filed for bankruptcy.

Who is the most famous athlete who is broke? Mike Tyson tops our list. Despite earning an estimated $300 million throughout his boxing career, Mike Tyson filed for bankruptcy in 2003. Michael Vick found himself in a tough financial state after pleading guilty to federal felony charges associated with illegal dog fighting. He filed for Chapter 11 bankruptcy in July 2008. When his marriage crumbled and his business ventures failed, Björn Borg found himself very close to broke in the late-1980s.

When Warren Sapp filed for bankruptcy in 2012, he reportedly had less than $1,000 in his savings and checking accounts. According to a 2010 report, Scottie Pippen lost $120 million in career earnings through extravagant purchases and bad investments. Sheryl Swoopes filed for bankruptcy in 2004 after she found herself over $700,000 in debt.

Do you think that you could blow millions of dollars? Share your thoughts in the comments section.

Mike Tyson is listed (or ranked) 1 on the list 26 Athletes Who Went Completely Broke
Photo: via Wikimedia
Despite earning an estimated $300 million throughout his boxing career, Mike Tyson filed for bankruptcy in 2003.

Age: 51

Also Ranked

#12 on Athletes Who Spark the Most Fan Arguments

#9 on The Best Boxers of the 21st Century

#53 on The Best Athletes of All Time

#8 on The Celebrities You Most Want To See Play Survivor

see more on Mike Tyson

Michael Vick is listed (or ranked) 2 on the list 26 Athletes Who Went Completely Broke
Photo: via Imgur
Michael Vick found himself in a tough financial state after pleading guilty to federal felony charges associated with illegal dog fighting. He filed for Chapter 11 bankruptcy in July 2008.

Age: 37

Nationality: United States of America

Birthplace: Virginia, United States of America

Teams: Philadelphia Eagles, New York Jets, Atlanta Falcons, Virginia Tech Hokies football

Also Ranked

#8 on Athletes Who Spark the Most Fan Arguments

#49 on The Best Quarterbacks of All Time

#42 on Overhyped Athletes Who Still Performed

#43 on The Greatest Left-Handed Athletes of All Time

see more on Michael Vick

Terrell Owens is listed (or ranked) 3 on the list 26 Athletes Who Went Completely Broke
Photo: via Tumblr
After earning an estimated $80 million in his NFL career, Terrell Owens was near broke in 2012. He says that a combination of bad investments, large child support payments, and trusting the wrong people ravaged his finances.

Age: 44

Nationality: United States of America

Birthplace: Alexander City, Alabama, United States of America

Teams: San Francisco 49ers, Dallas Cowboys, Philadelphia Eagles, Cincinnati Bengals, Buffalo Bills, + more

Also Ranked

#24 on Athletes Who Spark the Most Fan Arguments

#26 on The Celebrities You Most Want To See Play Survivor

#57 on People Who Should Be in the Pro Football Hall of Fame

#44 on The Funniest Professional Athletes

see more on Terrell Owens

Allen Iverson is listed (or ranked) 4 on the list 26 Athletes Who Went Completely Broke
Photo: via Imgur
In 2013, it was reported that Allen Iverson was near broke. He reportedly was spending tens of thousands of dollars a month on clothing alone.

Age: 42

Nationality: United States of America

Birthplace: Hampton, Virginia, United States of America

Also Ranked

#57 on Athletes Who Spark the Most Fan Arguments

#4 on The Greatest Shooting Guards in NBA History

#23 on The Top NBA Players Of All Time

#4 on The Best Philadelphia 76ers of All Time

see more on Allen Iverson