Home / Business /  Player who made $40 million over his career filed for bankruptcy

 Player who made $40 million over his career filed for bankruptcy

Former NFL running back Clinton Portis has filed for bankruptcy just five years after retiring from the league.

Portis, who made $40 million over the course of his nine-year career, has a long list of creditors, including the MGM Grand Hotel in Las Vegas ($287,178.56), the IRS ($458,619.79), his mother ($500,000), and others.

_12
According to NBC Sports, bad investments led to Portis’ downfall, as he lost $8 million on a failed casino and another $2 million to a Ponzi scheme. Portis had nearly 12,000 all-purpose yards and 80 touchdowns playing for the Denver Broncos and Washington Redskins.

COTTON SUITES

Check Also

Zamalek Terminates Jose Peseiro Contract

Egyptian football giants, Zamalek have announced the termination of their contract with former Super Eagles head …