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!

Dorothy Hamill – Legal Fees

Athletes Who Went Broke

Lifetime

In the 1970s, ice skating took the country by storm, and so did skater Dorothy Hamill. She went to the 1978 Olympics, bringing home the gold in one of the most beautiful routines of all time.  Then, in the 1980s, Hamill took a position in the famous, Ice Capades. Over that time, she managed to make quite a profit out of her career, endorsements, and other ventures. But it was not meant to last…

In 1991, Hamill shocked the world when she filed for bankruptcy. However, unlike many other athletes who went broke, Hamill was truly not to blame. She had spent a lot of money on court costs fighting for custody of her child, as well as on medical expenses after becoming diagnosed with breast cancer.

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