The 10 Richest Nfl Players Who Went Broke

NFL players are often paid a big sum to showcase their wares on the field. With a sport that pays its athletes highly, some athletes have used it as a path to get out of poverty. For some, it was the career that allowed them to live luxuriously.

Unfortunately, just like any other sport, playing in the NFL doesn’t last forever. Because of this, believe it or not, there are still a handful of NFL players who went broke after hanging up their cleats despite making many millions of dollars.

From extravagant spending, failed investments, legal troubles, and to shady financial advisors, anyone would have a hard time keeping up with these expenses once retired. For this piece, let’s take a look at the 10 richest NFL players who went broke.

10. Andre Rison

Career earnings:$19.17 million

Andre Rison carved out a respectable career in the NFL. In fact, the five-time Pro Bowler even bagged a $17 million contract with the Cleveland Browns at one point.

To his financial demise, lavish spending on jewelry, nightclubs, and cars were culprits to his woes. On top of these, Rison was obligated to pay child support, which led to his bankruptcy in 2007.

9. Bernie Kosar

Career earnings: $20 million

After making the Pro Bowl and winning a Super Bowl title, Kosar did what he could to piece together a respectable career in the NFL. Unfortunately, life after football wasn’t the same for him as he joined the long list of NFL players who went broke.

Kosar suffered losses as much as $15 million due to divorce, a failed steakhouse, unsecured loans, and a large $18.9 million debt. He also had unsettled taxes with the State of Ohio that amounted to $173,000.

Sophia Al-Mansoor

Sophia Al-Mansoor

Global Business & E-Commerce Reporter

Sophia analyzes international trade, startup ecosystems, retail transformation, and supply chain logistics for modern digital publications.

Share this article
Twitter Facebook Pinterest