Even sadder than athletes who lose their fortunes by spending wildly are those who lose it all by investing…in their own companies, says Adam Fusfeld of Business Insider.
For every George Foreman and Magic Johnson, there are dozens of failed athletes-turned-entrepeneurs bankrupted by bad business decisions.
Just ask NBA star Dwyane Wade or recently-retired football pros Deuce McAllister and Muhsin Muhammad.
Click here to read Fusfeld’s list of 11 “athletepreneurs” who made millions and then lost it all.
Know of other athletes who failed at business? Post their sad, sad stories in the comment section below.