Financial Fumbles: How the Economic Crisis Sacked 10 Pro Athletes

The financial turbulence of the last several years has left many professional athletes subject to losses from real estate, unprofitable business ventures and fraud schemes. From Hall of Famers to Super Bowl champions, here’s a look at ten current and former professional athletes and how they were personally affected by the financial turmoil of the past five years.

Financial Fumbles: How the Economic Crisis Sacked 10 Pro Athletes

1. Sandy Koufax

In February 2009, the Hall of Fame southpaw was among the athletes listed as an investor in Bernard Madoff’s Ponzi Scheme in a federal bankruptcy court filing. In February of this year, Koufax said he lost more money on taxes he paid on that money than to Madoff. Former New York Met second baseman Tim Teufel is also listed among the Madoff investors.



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