Broke Athletes: Vince Young and 5 Other Athletes Who Went Bankrupt

Reckless spending has lead many sports figures to bankruptcy

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Broke Athletes: Vince Young and 5 Other Athletes Who Went Bankrupt

Allen Iverson

It’s hard to believe that a star like Allen Iverson went broke once but apparently he did. The 11-time NBA All-Star star blew $154 million in earnings before filing for bankruptcy. Iverson lived an extravagant lifestyle that included a traveling entourage of dozens of pals and over 50 folks to home basketball games. He brought a hair stylist with him on the road and even owed a jeweler $860,000 once. Allen Iverson is proof that you can spend any amount of money.


Article printed from InvestorPlace Media, http://investorplace.com/2014/01/broke-athletes-vince-young/.

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