John Daly

Molson Coors Brewing is introducing Coors Light Iced T next month. The beverage will be sold in aluminum cans similar to its existing beer offerings, and rightfully so: The citrus-like brew will pack a roughly 4% alcohol punch.

Former NBA superstar Allen Iverson earned $154 million from his Sixers salary alone during his career. Now, he owes more than he can pay. How did it happen, and what lessons can his fiscal foul-ups teach to the rest of us. The answers are distressingly simple.

We learned last week that former NFL star Chris McAlister, a three-time Pro Bowler, is broke and living with his parents after just a year out of the league. But he's hardly the first sports icon to blow through the cash in a flash. In his honor, here are our 10 favorite professional asset-annihilating athletes.

Tiger Woods game, like his private life, has been shaky recently, but the golfer never lost his ability to sell stuff. Corporate sponsors have long tolerated athletes' bad behavior, and Woods is too big a star for them to stay away.

Every year Beloit College lists a group of analogies and cultural references to mark the differences between generations. One that should have been included in the list this year is that, as long as this group of students can remember, they've always been able to opt out of receiving marketing...