#10: Vince Young
Seven years after inking a jaw-dropping $26 million contract with the NFL’s Tennessee Titans, the once-invincible star quarterback found himself taking a humbling dive into Chapter 11 bankruptcy. This athlete, once hailed as “The Invincible,” candidly admitted that he had never delved into the depths of his financial situation until after his NFL career had come to a close. He had placed his trust in a financial advisor and his own uncle, whom he had entrusted as his manager, to steer the financial ship.
However, his penchant for extravagant spending, illustrated by a jaw-dropping $15,000 tab from a single outing to The Cheesecake Factory, combined with mounting debts, steadily eroded his multimillion-dollar earnings. Yet, amidst the financial turmoil, this athlete engineered an impressive comeback. With dogged determination, he dismantled his debts, furthering his personal growth by earning a degree in applied learning and development from the University of Texas.