Tuesday, May 29, 2012

Jamal Lewis Broke: Ex-NFL Star Files for Bankruptcy

Ex-player joins long list of athletes who go broke after ending careers.

Another former pro athlete has gone broke.

Former Baltimore Ravens star running back Jamal Lewis filed for bankruptcy in an Atlanta court yesterday, according to TMZ.

He claims that he is in financial ruin and can't pay his eight-figure debt.

The shocking part is that he has $14.4 million in assets but also has $10.5 million debt.

While he is self-employed and earns $35k a month, he almost owes Bank of America $1 million, Mercedes Benz $113k and Chrysler $15k. Those are just 3 of his many creditors.

Lewis filed for chapter 11 bankruptcy.

[ALSO READ: Allen Iverson Broke]

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