These Athletes Have Lost Their Jobs And Their Millions
From Colin Kaepernick and Michael Vick to O.J. Simpson and Evander Holyfield, see the richest athletes in the world who are now broke on The Finance Chatter!
Latrell Sprewell – Poor Spending Habits
Is it any surprise that basketball player Latrell Sprewell, most famous for choking out his Golden State Warriors coach, PJ Carlesimo, during practice, had money problems? Despite a fantastic career, Sprewell was always followed by the 1997 incident, even after leaving the court.
Sprewell is also famous for another lousy decision: rejecting a $21 million contract from the Timberwolves. Apparently, he didn’t think it was enough money. Too bad for Sprewell, as just as a year later, no team wanted him. A few years after that, things became so dire that the former star needed to downsize his house and sell his yacht. Welcome to the normal life, Sprewell!
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