Michael Vick

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.

Philadelphia Eagles quarterback Michael Vick, still atoning for his role in an illegal dog-fighting ring, reportedly asked for $100,000 to address the Animal Friendly Association at Richard Stockton College. It's completely untrue, but like all gossip, the lie has spread faster than Vick can evade a tackle.

Nike has sacked Philadelphia Eagles backup quarterback Michael Vick, contradicting the player's agent who said on Wednesday that the shoe giant had re-signed him. "Nike does not have a contractual relationship with Michael Vick," Nike said in a statement issued Thursday. Vick was released from...

The National Football League season got off to a strong start for broadcasters. According to Fox Sports and NBC Sports, the games they showcased on their networks gave them their biggest audience in years. Fox, which is owned by News Corp. (NWS), attracted more than 25 million viewers for its Week...

Ever since the Philadelphia Eagles signed notorious quarterback Michael Vick this week, some NFL fans have vowed never to root for the team as long as it employed the convicted felon. But a sizable contingent will evidently still be cheering for the convicted dog-fighter this season, wearing his...

If Michael Vick thought prison life was tough, wait till he gets a load of the fans of the Philadelphia Eagles. Philadelphia sports fans are the toughest in the country. They can sense when a player is not giving his best, and they mock him for it mercilessly. Eagles fans once pelted Santa Claus...

Say you're the head of the National Football League. You have the chance to make a long-running and very annoying public relations problem go away without spending a penny. Oh, and you get to do the right thing in the bargain. Wouldn't you do it? That's the choice current NFL commissioner Roger...

Bad taste, even if it's really bad, usually isn't against the law. But coupling that questionable taste with consumer deception can put a bull's-eye on your back.Showbiz Promotions of Jacksonville, Fla., already had its critics. You don't win too many fans selling Caylee Anthony dolls or Michael...

Michael Vick is in the home stretch of his prison sentence, getting ready to head to home confinement and then hopefully return to the NFL so he can earn some cash to pay off creditors as part of his bankruptcy plan.But if the U.S. Department of Labor's complaint has any validity, Vick is dumber...

Recently, former NFL start Michael Vick filed for bankruptcy while sitting in a Kansas prison. In 2006, Vick made almost $15 million. Now he makes next to nothing working in prison. He bankruptcy filing shows $16 million in assets, but over $20 million owed to creditors. Vick wasted a whopping $18...