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Swati Bhatia

The 10 NBA Players Who Went From Millionaire to Broke

The 10 NBA Players Who Went From Millionaire to Broke

Dennis Rodman

10

Known for his flamboyant lifestyle, Rodman earned millions during his NBA career but struggled with finances due to reckless spending and legal issues.

Darius Miles

9

Darius Miles, once a promising talent in the NBA, had to retire early due to a serious knee injury. Reports suggest that Miles financially struggled to adjust to life after basketball.

Glen Rice

8

Glen Rice earner over 60 millions in salaries during his successful stint in NBA. However, he struggled with finances post retirement. In 2016, few reports claimed that Rice struggled to pay child support.

Larry Johnson

7

Despite his successful NBA career and endorsement deals, Larry Johnson faced financial troubles. He declared bankruptcy in 2015.

Derrick Coleman

6

Despite earning over $87 million in his career, Coleman filed for bankruptcy in 2010 due to financial mismanagement and legal issues.

Shawn Kemp

5

Baker, a former All-Star, struggled with alcoholism and poor financial decisions, resulting in the loss of his NBA earnings and bankruptcy.

Vin Baker

4

Despite earning over $90 million, Kemp faced bankruptcy due to excessive spending and child support payments.

Latrell Sprewell

3

Despite turning down a $21 million contract extension, Sprewell faced financial woes and lost his yacht and homes due to foreclosure.

Antoine Walker

2

Walker, a former NBA All-Star, earned over $110 million but filed for bankruptcy in 2010 due to poor financial decisions and lavish spending.

Allen Iverson

1

 Despite earning around $200 million, Iverson faced financial struggles post-retirement, reportedly due to extravagant spending and legal issues.