Latrell Sprewell

Basketball

Earning nearly $100 Million - now broke

Kenny Anderson

Basketball

Earning over $60 Million - now broke

Derrick Coleman

Basketball

Earning over $87 million - now broke

Scottie Pippen

Basketball

Earning over $120 Million - now broke

Antione Walker

Basketball

Earning $110 Million - now broke

A celebrity who earns an enormous amount of money and still goes through major financial struggles can be baffling to the everyday worker. Such is the case, however, for many multi-million dollar earners. The NBA, in particular, has produced so many financially-troubled athletes that it has decided to create a retirement savings plan that will force players to save responsibly.

It comes as a response to a number of former players, including Scottie Pippen, Latrell Sprewell and Antoine Walker, experiencing significant financial troubles after their careers ended. Walker, in particular, filed for bankruptcy after being paid more than $100 million over 12 years in the NBA.

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