Mo Money, Mo Problems: Athletes Who Lost It All

More money does not guarantee a lifetime of happiness. Athletes seem especially prone to financial trouble, as proved by dozens of stars who have filed for bankruptcy over the years. “It’s a legal opportunity for them to restructure their debt. In any event, it’s evidence of a failed financial plan,” says Leo Tucker, a managing partner at Northwestern Mutual, a financial planning agency that specializes in long-term investments among other services. Keep reading to find out how 10 superstars struck it rich and then began to lose it. —Britt Middleton

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