No one will soon forget Terrell Owens’s memorable, “Getcha popcorn ready” quote.
Vince Young and Terrell Owens are only the latest in a long line of professional athletes who have managed to burn through millions of dollars and end up broke. NFL players in particular are known for this. According to Sports Illustrated, 78% of NFL players are bankrupt or in financial distress just two years after retirement. Take a look at this gallery of five black NFL players couldn’t hold on to their contract money.
Travis Henry has 11 children by 10 different women and went to prison for two years post-NFL for drug trafficking. Henry said he turned to drug running to keep up with child support payments after being cut from the Broncos.
Warren Sapp has enjoyed a comfortable career as an on-air sports commentator in his post-NFL life, but that was not enough to stave off his bankruptcy filing in 2012. According to court documents, Sapp’s $6.45 million in assets includes a Jordan sneaker collection worth $6,500
Retired NFL running back Jamal Lewis filed for bankruptcy in 2012. Court documents show his monthly income at $35,000 and that he spends $34,050 of that each month.
Raghib “Rocket” Ismail’s money woes stemmed from a series of investments in companies that tanked, but his luck may have changed. He is now a motivational speaker and has invested in a new business venture called BiteTech, a popular brand of mouthguards used by many football players.
Lawrence Taylor, also known as LT, is known as one of the greatest linebackers in NFL history, but his off-field antics have cost him a fortune. The Hall of Famer’s abuse of drugs and alcohol led to many run ins with the law and rehab. In 2010 he was arrested for an incident involving an underaged prostitute. Taylor filed for bankruptcy in 1998.