10 Big Boxing Names Who Went Bankrupt

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10 Big Boxing Names Who Went Bankrupt

The U.S. Census for 2010 claimed there were nearly 15 people in poverty for every millionaire.

It’s unclear, though, how many of those 15 were boxers who, at one time, had been living large.

Perhaps more so than its sporting cohorts on the football field and baseball diamond and elsewhere, it seems the squared circle is an incubator of tales of financial handwringing—where fighters who came from zero amassed great sums of cash, only to lose it in a hail of excess, deceit or simple imprudence.

For every Floyd Mayweather Jr. or Manny Pacquiao these days, there are thousands of anonymous pugs slugging it out for minimum wage in the local armory or nightclub, then getting up the next morning for the regular job that keeps the lights on.

Click through for a list of fighters who had the good life, but saw it go bad.

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