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!
Lawrence Taylor – Back Taxes and Poor Spending Habits
NBC News
Lawrence Taylor was on his way of having an incredibly successful NFL career until he got himself into a boatload of trouble with his finances. You see, Taylor later admitted to having a severe drug problem, which led him to spent most of his money on illegal substances. He also spent money on other unnecessary items, like multiple motorcycles.
Everything came to a head when Taylor made the massive mistake of filing a false tax return with the IRS. Then, as they audited him, Taylor’s ex hit him with a child support back pay suit. Unfortunately, it seems like this athlete caused himself to be broke all on his own.
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