25 rich athletes who went broke

[OleMissCub]

http://www.businesspundit.com/25-rich-athletes-who-went-broke/

 

Our very own Scott Eyre is on the list at #22. I had no idea about this stuff with him. Must have missed it.

 

Eyre, like many of us, was taken for a fool during last year’s stock market/investment madness. His money grew tied up in the $8 billion fraud allegedly perpetrated by Texas financier Robert Allen Stanford. Eyre told the New York Post that 99% of his fortune is frozen and possibly gone. After admitting that he was broke, the Phillies agreed to advance Eyre a portion of his $2 million salary.

[shnsajax]

http://www.businesspundit.com/25-rich-athletes-who-went-broke/

 

Our very own Scott Eyre is on the list at #22. I had no idea about this stuff with him. Must have missed it.

 

Eyre, like many of us, was taken for a fool during last year’s stock market/investment madness. His money grew tied up in the $8 billion fraud allegedly perpetrated by Texas financier Robert Allen Stanford. Eyre told the New York Post that 99% of his fortune is frozen and possibly gone. After admitting that he was broke, the Phillies agreed to advance Eyre a portion of his $2 million salary.

 

I thought he was part of the Madoff scam. Yeah it really sucks.

[jersey cubs fan]

http://www.businesspundit.com/25-rich-athletes-who-went-broke/

 

Our very own Scott Eyre is on the list at #22. I had no idea about this stuff with him. Must have missed it.

 

Eyre, like many of us, was taken for a fool during last year’s stock market/investment madness. His money grew tied up in the $8 billion fraud allegedly perpetrated by Texas financier Robert Allen Stanford. Eyre told the New York Post that 99% of his fortune is frozen and possibly gone. After admitting that he was broke, the Phillies agreed to advance Eyre a portion of his $2 million salary.

 

I thought he was part of the Madoff scam. Yeah it really sucks.

 

I remembered he was part of the Stanford thing. Madoff was a lot of elderly and Jewish people, Stanford had a lot of athletes. But I thought Eyre's accounts were frozen in the investigation, but he actually had a good portion of that money still.

[C.C.]

Tyson squandered 300-400 million dollars. I'm sure Don King has a good chuck of that.

[Guest]

I'm surprised Jabbar wasn't on the list. I know his situation probably improved, but so did Tyson's, and he's on the list.

[Post Count Padder]

I kept waiting for Travis Henry's name and finally saw it.

[Guest]

I kept waiting for Travis Henry's name and finally saw it.

 

Be fruitful and multiply!

[Outshined_One]

http://www.businesspundit.com/25-rich-athletes-who-went-broke/

 

Our very own Scott Eyre is on the list at #22. I had no idea about this stuff with him. Must have missed it.

 

Eyre, like many of us, was taken for a fool during last year’s stock market/investment madness. His money grew tied up in the $8 billion fraud allegedly perpetrated by Texas financier Robert Allen Stanford. Eyre told the New York Post that 99% of his fortune is frozen and possibly gone. After admitting that he was broke, the Phillies agreed to advance Eyre a portion of his $2 million salary.

 

I thought he was part of the Madoff scam. Yeah it really sucks.

 

I remembered he was part of the Stanford thing. Madoff was a lot of elderly and Jewish people, Stanford had a lot of athletes. But I thought Eyre's accounts were frozen in the investigation, but he actually had a good portion of that money still.

 

The SEC hasn't been able to recover as much in the way of assets as they originally thought.

[shnsajax]

I'm guessing we can add Shawn Kemp's name to this list. There is no way he has any money making all of the child support payments.

[Hairyducked Idiot]

There's barely 25 who didn't go broke.

[Soul]

Easy come, easy go.

[Careless]

I've got no idea how they organized that list. Muhammed, Riis, Night Train in the top 10 while Hollyfield, McAllister, and LT don't make it? McCarty at 12, above Swoopes and Jack Clark?

[hardcorecubfan]

great article in SI about why they do several months back. I said that athletes tend to invest in what/who they hang around with. which is usually restaurants and car dealerships. The article (can't remember who) talked about a football player buying a Hummer dealership in New Orleans in June of 2005, well we know how that year went for N.O.

[fibro]

One my favorite quotes ever from #2 George Best. When asked about his losses

“I spent a lot of money on booze, [women], and fast cars. The rest I just squandered.”

[Guest]

One my favorite quotes ever from #2 George Best. When asked about his losses

“I spent a lot of money on booze, [women], and fast cars. The rest I just squandered.”

It wasn't George Brett, it was Tug Mcgraw

"Ninety-percent of it I spent on booze and broads. The other ten percent I just wasted."

http://www.thebaseballpage.com/players/mcgratu01.php

[fibro]

One my favorite quotes ever from #2 George Best. When asked about his losses

“I spent a lot of money on booze, [women], and fast cars. The rest I just squandered.”

It wasn't George Brett, it was Tug Mcgraw

"Ninety-percent of it I spent on booze and broads. The other ten percent I just wasted."

http://www.thebaseballpage.com/players/mcgratu01.php

 

Not George Brett George Best the Soccer player said that. He is #2 on the list.

A stunning 21-year career made George Best was one of soccer’s worldwide heroes. After the spotlight lifted, he fell so deeply into the drink that he eventually needed a liver replacement. He served 3 months in prison for drunk driving and assaulting a police officer. Then he did the same thing again, resulting in another prison sentence.

 

While recovering from his transplant, he appeared on the BBC, where he openly swore. When asked about his losses, he said, “I spent a lot of money on booze, [women], and fast cars. The rest I just squandered.”