24. Luther Elliss
NFL players need to learn that throwing millions into massive, unsustainable mega-mansions just isn’t a good idea. Unfortunately, Detroit Lions’ legend Ellis was another athlete who fell into this trap. Furthermore, he invested like a wildman in various dubious companies including an internet provider. In the end, the two-time Pro Bowl selection declared bankruptcy after he lost at least four million dollars.
However, Ellis has rebounded since. The former defensive lineman is now a coach for the Idaho Vandals, but probably didn’t expect this when he was living the glamorous life of an NFL star. In short, athletes need to be careful with their money and lifestyle when a professional athletic career is so short. Meanwhile, having 11 children as Ellis did probably won’t help your situation.