To be a professional athlete means entering a world of high-stakes decisions. Some rise to the challenge, succeeding in both the game and life. But others become athletes who lost everything. Athletes who squander their finances with ill-informed choices. If you’re an aspiring player, you may think twice after hearing about these athletes who lost everything.
Vince Young
After a six year NFL career playing primarly for the Tennessee Titans, Young retired in 2014, and fell into a world of financial hardships. After spending nearly all of his money accured in the league, at least $34 million a year, he filed for Chapter 11 bankruptcy that year. He also defaulted on a loan he insisted was instilled under shady circumstances.