Fighters who are terrible with their money

[Gandalf]

It amazes me how some of these guys screw up the way they do. All it takes is a little common sense to know that you don't need 10 bathrooms and that you should put some of your winnings away for a rainy day. In sports you know you aren't going to retire at 65, so you would think that would be in the back of the mind too. What's a guy like Floyd Mayweather doing getting into financial difficulty? The silly, silly man.

[generalbulldog]

Well that's not surprising. Quite a lot of pro athletes tend to go broke after their playing days are over. 80% of NFL players are flirting with bankruptcy and 60% of NBA players are near there, and these guys get multimillion dollar contracts.

I just love the one on Sprewell where he says he can't feed his family on a 3 year $21 million dollar contract.

[Greig]

Yeah, I think it would be far easier to list fighters who actually invested their money wisely...


Marciano
Leonard
Hagler
Holmes
DLH
Lewis
Buster Douglas - did amazingly well with the 20m he earned from the Holyfield fight.

And you can't imagine tight arse Hopkins ever going broke...

[Kel]

Holyfields house is just bordering on plain stupid. Bigger than the WhiteHouse I read a while back. No wonder he had so many bathrooms you would need to run a marathon to take a piss otherwise.

[miron_lang]

I hate to say it again but. a small piece of their earnings at 5% per annum can yield. $50K per month for life...

[generalbulldog]

Floyd and Pac are going to be on this list someday.

[jerome01]

Floyd and Pac are going to be on this list someday.

This may happen to Floyd unless he change his lifestyle but could not say it would happen to Pac.

Pac has a smart wife. She already secured the future of her children by putting it on trust fund. If she's smart enough to do that i think she's also smart enough to tuck away a few millions for safe keeping.

[HattonTheHammer]

Floyd and Pac are going to be on this list someday.

im genuinely all about a fighters well being but id pay a hell of a lot of money to see a shot and broke floyd mayweather getting knocked out by john duddy or someone along those lines 3-4years down the road

[CFH]

Holyfields house is just bordering on plain stupid. Bigger than the WhiteHouse I read a while back. No wonder he had so many bathrooms you would need to run a marathon to take a piss otherwise.

This came up when I search for pictures of his house on Google:

[Cressa121]

Yeah, I think it would be far easier to list fighters who actually invested their money wisely...


Marciano
Leonard
Hagler
Holmes
DLH
Lewis
Buster Douglas - did amazingly well with the 20m he earned from the Holyfield fight.

And you can't imagine tight arse Hopkins ever going broke...

I'm always happy to hear about the guys that do invest their money wisely. It's always terrible to hear of athletes that earn a huge amount of money then go broke years later, it just doesn't seem possible to blow that amount of money. The only guy i could think to add to that list off the top of my head is Foreman.

[salty trunks]

Its amazing some of these super atheletes that make a 100 plus million could take one fight purse and put it with a financial planner and be set for life with a conservative investment yet they go completely broke.

Its not just atheletes either its a good majority of people. I see it all the time with generally intelligent business people that make great livings yet feel the need to spend everything they make mostly on stuff they dont need or ever use.