9. Muhsin Muhammad

Muhsin Muhammad appeared in 14 years as wide receiver in NFL. He earned millions of dollars. He once said that football is an alpha male sport and that he thinks he “will stay on top forever”. However, he discovered it wasn’t the truth by a long shot. He didn’t plan his finances very well and paid the price.

PHOTO: richestlifestyle

In 2009 he was sued by Wachovia for $25,000 for unpaid credit card bills. This wasn’t an isolated incident. Muhammad didn’t keep a lid on finances and continued to lose money. He was forced to sell his luxurious house in the Southwestern U.S. Muhammad currently works as a commentator for Fox and NFL network.