One of the joys of becoming a professional athlete is the ability to command loads of cash in the flash of a signature. But just as fast as the money comes, a lot of former stars find themselves broke. Without a whole lot of guesswork, it’s safe to assume plenty of bad spending decisions led to their bank account deficits. To be fair, there are numerous sports greats who have turned their millions into more with sound investments, such as NBA Hall Of Famer Magic Johnson. But for every Magic, there’s someone like Mike Tyson or Chad “Ochocinco” Johnson with a story to tell. Hip-Hop Wired takes a look at 10 formerly wealthy pro athletes and the dumbest items they spent cash on. — Photos: Deadspin, Onlinesports, Reuters
