Politic365

 
 


Sports

10:33pm January 24, 2014

Vince Young and 9 Other NFL Players Who Went Bankrupt

bank1

Hey Jameis are you listening? From boom to bust: Ten NFL players who have filed for bankruptcy. According to a 2009 Sports Illustrated article, 78% of NFL players blow it all in only three years after leaving football.  When you hear the big salary announcements and see the big cars, it hides another side of the story that doesn’t reveal itself until later.

1. Vince Young — Young was paid $36 million over 6 NFL seasons.  He filed for bankruptcy yesterday.
2. Bernie Kosar — Blew millions in a restaurant venture.
3. Mark Brunell — Blew $50 million in failed investments involving restaurants and trusting the wrong people.
4. Michael Vick — Huge legal bills from the dog fighting case led to Vick filing for bankruptcy.
5. Johnny Unitas — Unitas was badly disabled in his later years as a result of playing football and made a string of bad business investments after he retired including a failed restaurant venture.
6. Terrell OwensLost $80 million after mishandling his fortune. Claimed he’s had to pay $45K in child support monthly.
7. Warren Sapp — Made $60 million over career. Filed for bankruptcy in 2012. Blew cash on mansions and owes hundreds on thousands in alimony and taxes.
8. Rocket IsmailIsmail blew millions on bad business ventures including $300,000 into a Hard Rock Cafe that failed.
9. Lawrence Taylor — Taylor spent thousands on a serious drug addiction after his playing days ended.
10.  Deuce McAllister — Made $70 million over career, blew NFL fortune on a Nissan car dealership.



About the Author

Lauren Victoria Burke
Lauren Victoria Burke
Lauren Victoria Burke is a writer, speaker, strategist, comms expert and political analyst. She created Crewof42.com, a blog that covers the work of Black members of Congress, in 2009. She's been a former staffer for the Senate Democratic Policy Committee and Director of Communications for Rep. Andre Carson (D-IN) and has had a very diverse career in politics and media. Ms. Burke appears regularly on NewsOneNow with Roland Martin on TVOne and has been seen on MSNBC. She holds a B.A. in History from The American University. E-mail anytime: LBurke007@gmail.com. Twitter: @Crewof42. Instagram: LVB325. The ideas and opinions expressed in this article are solely those of the author, and have complete editorial independence from any Politic365 partners, sponsors, or advertisers.




 
 

 
MMs

On Dems Who Say They’re Against Mandatory Minimums But Keep Voting For Them

So what have we long known — based on studied facts and data — about mandatory minimums?  That they are, 1. Racially applied, 2. Waste tax money, 3. Drive over-incarceration.  These are basic well established fact...
by Lauren Victoria Burke
0

 
 
5440384453_67fef2d0ee_o

Trump: deport all 11 million undocumented immigrants

On Wednesday, Republican presidential candidate Donald Trump offered some specifics about what his immigration policy would be after launching his presidential candidacy last month insisting that many undocumented Mexican immig...
by Adriana Maestas
0

 
 
chaka3

Mollohan, Murtha, Lewis, Young, Weldon, Dicks, Kanjorski… Fattah Indicted

Let’s take a look at who the Department of Justice has recently investigated for reasons similar to the allegations alleged in the indictment of Rep. Chaka Fattah (D-PA). Rep. Allan Mollohan (D-WV) was investigated by DoJ...
by Lauren Victoria Burke
2

 

Advertisement
 
Tim2

Sen. Tim Scott Talks Justice Reform and Outlines His Police Body Camera Bill

Yesterday, Sen. Tim Scott (R-SC) introduced a bill that would provide local jurisdictions with $100 million per year in body cameras. Though there is no specific set of standards for states to receive money for the cameras, Sen...
by Lauren Victoria Burke
0

 
 
36

18 Rs + 18 Ds: Most Bi-Partisan #JusticeReform Bill in Congress Has 36 Sponsors

SAFE JUSTICE ACT.  When any bill in Congress has an even amount of Democrats and Republican on it, it’s news — unless it’s the naming of a post office. When it comes to criminal justice reform bills, it̵...
by Lauren Victoria Burke
0

 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>