These NFL and NBA Players Lost Their Fortunes After Retiring

Published on July 5, 2023
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Erick Strickland

Erick Strickland played with six different teams through nine seasons in the NBA. He was able to amass a $13 million fortune while he played, however, he lost a significant amount of money due to a bad investment after trusting someone who took advantage of him.

Erick Strickland

Erick Strickland

Michael Vick

Michael Vick was one of the top earning NFL players by 2006, but his time at the top wouldn’t last. He made a series of bad investments and faced a $45 million lawsuit from his former agent. In 2007, he was suspended from the NFL indefinitely without pay after pleading guilty during the Bad News Kennels dog fighting investigation. He filed for bankruptcy shortly after. After being released from prison, he played for several more NFL teams until he retired in 2017.

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Michael Vick

Michael Vick