10 athletes who blew through their money

2014-11-27 19

In the era of free agency, in particular, it is commonplace to see an athlete of prodigious talent sign a big money, long-term deal after playing for rookie bucks. The team is happy, the player is happy and usually the fans are happy. It's when these athletes start spending the big bucks that largesse, youthful exuberance and just plain stupidity and ignorance cause that money to drain away - fast. Once the entourage, hangers-on, financial "advisor", the taxman and a slew of others have a say, some big name athletes actually go broke, becoming cautionary tales for those coming next. Even with all the evidence to the contrary, wealthy sports superstars find new ways to blow through millions and end up on the skids.

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