For athletes at the top of their game, the sporting industry is a lucrative business. Stars can make a fortune from their profession, as well as millions through the money-spinning endorsement deals that come with the fame.
However, for some unfortunate athletes, bad decisions away from sports can result in financial ruin. Read on to discover how these millionaire sports stars lost it all.
The late boxing champ Leon Spinks was one of the few people to beat the great Muhammad Ali in the ring, defeating him in Las Vegas in February 1978. The ageing Ali had anticipated an easy fight but Spinks (pictured here celebrating his iconic victory) boxed his way to the world heavyweight champion title – as well as millions in the bank.
However,…
