4. Chris McAlister

Chris McAlister was a corner back for Baltimore Ravens. He had amassed $50 million. As is the case with many stars, he had developed a liking for extra lavish lifestyle. Incredibly, it was only one year after his retirement that he filed for bankruptcy.

PHOTO: Wikipedia

He went to the court to appeal for a decrease in his child support payments. There he claimed he was living with his parents. His parents covered all his living costs while he arranged a stipend with them. In 2013, McAlister took a job as a mentor for understudies with Buffalo Bills. He worked with the team during preparation camps and minicamps.