Bankrupt: Mike Tyson and 5 Boxers from the Past 20 Years Who Ended Up Broke

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Bankrupt: Mike Tyson and 5 Boxers from the Past 20 Years Who Ended Up Broke
Scott Halleran/Getty Images

At the highest level, boxers can earn millions of dollars in a night and tens of millions over the course of a career. Of course, the fighters only see a percentage of the money they "earn" after everyone else takes their cut—including the taxman.

Even after all these expenses, though, a high-level fighter can be set for life with reasonable money management. Unfortunately for the five fighters on our list, it didn't work out that way.

For a variety of reasons, each of these men who were at the top of the sport ended up losing everything. Some rebuilt after the money was gone, some scraped by and some ended up penniless. Whatever the case, boxing was only the "pot of gold at the end of the rainbow" for a short time for these fighters.

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