Money to Blow: A Recent History of NFL Players Going Broke

Today is tax day and, if you’re anything like the guys in this post, you’ll soon have to provide a detailed list to the IRS of everything you own. The NFL is full of cash-burning, hard-partying maniacs who think a diversified portfolio means having a Louis Vuitton shoulder bag in monogram canvas and damier azur. The result? According to Sports Illustrated, 78-percent of NFL players are close to or are in bankruptcy within two years of their retirement. And with the reported economic troubles of league stars like Warren Sapp, Mike Vick, and Terrell Owens grabbing headlines, the 2004 Pro Bowl roster is starting to look more like the cash advance line at MoneyGram. Spend your signing bonus on something shiny as Complex explores Money to Blow: A Recent History of NFL Players Going Broke.

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