Mo Money, Mo Problems: Athletes Who Lost It All

Kenny Anderson played with six teams in his 14 years in the NBA and reportedly earned $63 million. In his 2005 bankruptcy filing, the point guard attributed his financial issues to poor spending habits (including an estimated $10,000 a month earmarked for entertainment) and loaning thousands of dollars to friends and family. Nearly half of his assets also went by way of divorce settlements and child support 

(Photo: Miami Herald/MCT/Landov)