{"id":45840,"date":"2013-09-15T14:18:30","date_gmt":"2013-09-15T21:18:30","guid":{"rendered":"http:\/\/www.funcage.com\/blog\/?p=45840"},"modified":"2025-08-22T21:58:39","modified_gmt":"2025-08-23T04:58:39","slug":"6-professional-athletes-that-went-bankrupt","status":"publish","type":"post","link":"https:\/\/www.funcage.com\/blog\/6-professional-athletes-that-went-bankrupt\/","title":{"rendered":"6 Professional Athletes that Went Bankrupt"},"content":{"rendered":"<p>Many professional athletes make millions of dollars, but most of them have little experience managing large sums of money. Here are six athletes that went bankrupt!<\/p>\n<h3>1.\u00a0Mike Tyson &#8211; $400 million<\/h3>\n<p><a href=\"http:\/\/www.funcage.com\/blog\/6-professional-athletes-that-went-bankrupt\/mike-tyson-and-his-tiger\/\" rel=\"attachment wp-att-45842\"><img loading=\"lazy\" decoding=\"async\" width=\"628\" height=\"371\" class=\"alignnone size-full wp-image-45842\" alt=\"Mike Tyson and his tiger\" src=\"http:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Mike-Tyson-and-his-tiger.jpg\" srcset=\"https:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Mike-Tyson-and-his-tiger.jpg 628w, https:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Mike-Tyson-and-his-tiger-550x324.jpg 550w\" sizes=\"auto, (max-width: 628px) 100vw, 628px\" \/><\/a><\/p>\n<p>The famous heavyweight champion, <a href=\"http:\/\/en.wikipedia.org\/wiki\/Mike_Tyson\">earned<\/a> about $400 million during his boxing career but spent almost all of his money on mansions, exotic pets, and his divorce.<\/p>\n<p><!--more--><\/p>\n<h3>2.\u00a0Evander Holyfield &#8211; $250 million<\/h3>\n<p><a href=\"http:\/\/www.funcage.com\/blog\/6-professional-athletes-that-went-bankrupt\/evander-holyfield\/\" rel=\"attachment wp-att-45847\"><img loading=\"lazy\" decoding=\"async\" width=\"594\" height=\"396\" class=\"alignnone size-full wp-image-45847\" alt=\"Evander Holyfield\" src=\"http:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Evander-Holyfield.jpg\" srcset=\"https:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Evander-Holyfield.jpg 594w, https:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Evander-Holyfield-550x366.jpg 550w\" sizes=\"auto, (max-width: 594px) 100vw, 594px\" \/><\/a><\/p>\n<p>After a failed music business venture, Holyfield, who has 11 kids, failed to pay child support and his estate was auctioned off.<\/p>\n<p>&nbsp;<\/p>\n<h3>3.\u00a0Michael Vick &#8211; $130 million<\/h3>\n<p><a href=\"http:\/\/www.funcage.com\/blog\/6-professional-athletes-that-went-bankrupt\/michael-vick-humane-society\/\" rel=\"attachment wp-att-45844\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"426\" class=\"alignnone size-full wp-image-45844\" alt=\"Michael Vick - Humane Society\" src=\"http:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Michael-Vick-Humane-Society.jpg\" srcset=\"https:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Michael-Vick-Humane-Society.jpg 640w, https:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Michael-Vick-Humane-Society-550x366.jpg 550w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>After going to prison for being a part of a dog fighting ring, Michael Vick lost his $130 million NFL contract and filed for Chapter 11 bankruptcy in 2008.<\/p>\n<p>&nbsp;<\/p>\n<h3>4.\u00a0Antoine Walker &#8211; $110 million<\/h3>\n<p><a href=\"http:\/\/www.funcage.com\/blog\/6-professional-athletes-that-went-bankrupt\/antoine-walker\/\" rel=\"attachment wp-att-45849\"><img loading=\"lazy\" decoding=\"async\" width=\"550\" height=\"296\" class=\"alignnone size-full wp-image-45849\" alt=\"Antoine Walker\" src=\"http:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Antoine-Walker.jpg\"  \/><\/a><\/p>\n<p>After taking out large loans from eight different banks, Antonie Walker lost about $110 million on his real estate venture.<\/p>\n<p>&nbsp;<\/p>\n<h3>5. Deuce McAllister\u00a0&#8211; $70 million<\/h3>\n<p><a href=\"http:\/\/www.funcage.com\/blog\/6-professional-athletes-that-went-bankrupt\/deuce-mcallister-and-his-dealership\/\" rel=\"attachment wp-att-45848\"><img loading=\"lazy\" decoding=\"async\" width=\"550\" height=\"330\" class=\"alignnone size-full wp-image-45848\" alt=\"Deuce McAllister and his dealership\" src=\"http:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Deuce-McAllister-and-his-dealership.jpg\"  \/><\/a><\/p>\n<p>Deuce McAllister, a Pro Bowl participant, didn&#8217;t have much luck with his business venture. He lost $70 million on his Nissan dealership.<\/p>\n<p>&nbsp;<\/p>\n<h3>6. \u00a0Arantxa Sanchez Vicario &#8211; $60 million<\/h3>\n<p><a href=\"http:\/\/www.funcage.com\/blog\/6-professional-athletes-that-went-bankrupt\/arantxa-sanchez-vicario\/\" rel=\"attachment wp-att-45850\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" class=\"alignnone size-full wp-image-45850\" alt=\"Arantxa Sanchez Vicario\" src=\"http:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Arantxa-Sanchez-Vicario.jpg\" srcset=\"https:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Arantxa-Sanchez-Vicario.jpg 1280w, https:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Arantxa-Sanchez-Vicario-550x309.jpg 550w, https:\/\/www.funcage.com\/blog\/wp-content\/uploads\/2013\/09\/Arantxa-Sanchez-Vicario-1024x576.jpg 1024w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/a><\/p>\n<p>The tennis player claimed that her father took over control of her money and gave her a monthly allowance! Unfortunately her father mismanaged her $60 million in earnings and left her with nothing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many professional athletes make millions of dollars, but most of them have little experience managing large sums of money. Here are six athletes that went bankrupt! 1.\u00a0Mike Tyson &#8211; $400&hellip;<\/p>\n","protected":false},"author":1,"featured_media":53048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[834],"tags":[],"class_list":["post-45840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>6 Professional Athletes that Went Bankrupt - FunCage<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.funcage.com\/blog\/6-professional-athletes-that-went-bankrupt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"6 Professional Athletes that Went Bankrupt - FunCage\" \/>\n<meta property=\"og:description\" content=\"Many professional athletes make millions of dollars, but most of them have little experience managing large sums of money. 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