NFL

30 NFL Stars Who Lost Everything

Darren - November 6, 2020

NFL

30 NFL Stars Who Lost Everything

Darren - November 6, 2020

3. Terrell Owens

An obnoxious teammate but an excellent player, Owens was a superb wide receiver. Sure, he hated almost every quarterback he lined up beside him but he still made the Hall of Fame after a brilliant career. The six-time Pro Bowler was as flamboyant on the field as he was off it. Meanwhile, he made a massive fortune including an estimated $80 million in salaries from six NFL teams.

However, Owens lost almost all of his massive fortune after living too large. He spent so much money on properties that he ended up paying $750,000 per month on mortgages alone. When the housing market crashed, he couldn’t find renters. Then there was a disastrous entertainment complex in Alabama that was a hammer blow. Owens also made all of the mistakes involving jewelry and fancy cars, but high-risk investments were his biggest problem.

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2. Dermontti Dawson

$70 million. That’s how much Dawson lost in disclosed career earnings. It’s a staggering sum of money, earned from a brilliant NFL career. To be able to lose a fortune that big should almost be admired because the closest most people will come to that amount of money is if they stand outside Fort Knox. However, the seven-time Pro Bowler somehow managed to do exactly that.

When a court declared him bankrupt in 2010, Dawson had debts of over $70 million. But the big problem was that he had less than $1.5 million left in his bank account. Unfortunately, you can’t just pay with a credit card and worry about it later. The housing crash decimated his fortune because the Hall of Famer unwisely put a lot of cash into unsustainable properties. To sum up, it’s the same, sad story.

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1. Michael Vick

Vick’s downfall was one of the most dramatic in sporting history. The former Atlanta Hawks’ superstar changed the quarterback position. However, being brilliant on the field doesn’t necessarily translate to being a great person. After a federal investigation uncovered his dog-fighting ring, Vick served almost two years in prison. Obviously, being in jail doesn’t help you raise the numbers in your bank balance.

Meanwhile, Vick lost all of his major endorsements and had to pay massive legal fees. Furthermore, he had all the mortgages, scandalous purchases, and family support that you come to expect from NFL players. He lost over $130 million before he got out of prison. After leaving jail, he found redemption with a $100 million deal with the Eagles. He cleared most of his debts but was no longer the mega-rich star of old.

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30 NFL Stars Who Lost Everything

30 NFL Stars Who Lost Everything

3. Terrell Owens

2. Dermontti Dawson

1. Michael Vick

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