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.
On the heels of the New York Post report this week that funk hit maker Sly Stone of Sly and the Family Stone was broke and living in a van, The Price of Fame presents a tragic list of seven other celebrities who ended up homeless, desperate, and on the streets.
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.