12. Muhsin Muhammad
Estimated Career Earnings: $20,000,000
How They Lost It All: Muhsin Muhammad was a crafty receiver, always able to find a seam or soft spot in the zone, but he couldn't escape Wachovia when they came asking about the balance on a Visa Business Rewards credit card. Apparently unaware that music can be downloaded for free on the Internet, the Panthers receiver made the regrettable decision to start a record label. His partners did more spending than spitting and, coupled with a few other bad investments, the two-time Pro Bowler was buried in bills and forced to sell a home that boasted, “the largest private aquarium in the Southwest,” on eBay.