Pro athletes are without a doubt some of the richest people out there in the world today. With seemingly endless amounts of money, they can often spend frivolously, even when they probably shouldn’t. Whether you are poor or rich, you can still make poor decisions with whatever money you have. In fact, athletes often do some extremely confusing things with their money, as you will see in this article. In fact, number 10 actually cost an athlete millions and almost put him in bankruptcy. So read on and enjoy these hilarious and awful purchases by athletes over the years.
#18 Sam Hurd’s 1000+ Pounds of Drugs
For some reason, Hurd didn’t think an NFL contract was enough money for him so Hurd decided to play his hand at being a drug lord. The problem for him is that the person he tried to buy $700,000 worth of drugs from was actually an undercover police officer. This not only costs Hurd his football career but also got him sentenced to 15 years in prison.
#17 Mike Tyson’s Bathtub
Everyone likes to take a nice bath every now and then, but this is crazy. This tub was a gift for his ex-wife Robin Givens and was given to her on the same day he threw her a party that cost over $400,000. Oh, and the tub cost him a whopping $2 Million. But this isn’t the last time Tyson made a stupid purchase, just wait until number 4…
#16 Latrell Sprewell’s Yacht
For most people, boats are usually pretty solid investments, but they are not if you have no money and no job when you buy them. Sprewell made the stupid decision to buy this boat after he retired and it cost him a whopping $1.5 Million. Eventually, the yacht was repossessed and sold at auction when Sprewell stopped making payments on it.
#15 Eddy Curry’s Cable Bill
While the number in this entry will be lower than most, it has to be one of the stupidest things to burn money on. Curry had a laundry list of bad financial deals, but perhaps his worst offense was the fact that his monthly cable bill was well over $1,000 a month. How does a pro athlete even watch that much TV when they are always traveling? Speaking of traveling, you won’t believe what number 17 is around…
#14 Marquis Daniels’ Necklace of Himself
Not only is this one of the most absurd entries in this article, this is probably one of the worst pieces of jewelry every created. For some reason, NBA role player Marquis Daniels decided to have a 3-D diamond and gold pendant created that was a replica of his own head. This cost his upwards of $40,000.