Even though professional athletes earn paychecks that most of us can’t comprehend, history is littered with stories of athletes who went broke because of outrageous, poorly planned or just plain stupid purchases. Check out these examples of professional athletes who spent their fortunes on purchases that were ill-advised, excessive or over the top.
Mike Tyson: Bengal Tigers
At one point, the world’s most feared boxer bought three of the world’s most feared cats. Mike Tyson’s three Royal Bengal tigers cost $70,000 each upfront, and required $4,000 a month to house and maintain. He eventually was forced to give the majestic predators away, but not before one knocked out Iron Mike’s gold tooth with a head butt, The Telegraph reported. However, these Bengal Tigers aren’t the only unusual purchases Tyson splurged his money on.