Athletes Who've Lost Millions

Retired basketball star Magic Johnson recently made news with his purchase of the L.A. Dodgers for $2 billion. But not all professional athletes have maintained their fortunes. Dennis Rodman was the latest to go broke. Dozens of athletes have filed for bankruptcy, had their homes foreclosed or lost millions in other ways. Read on to see which athletes ended up broke at one point in their lives. --by Caroline Kim

1 - 8 of 11

1 - 11 of 11

3 of 11 photos

Antoine Walker

Antoine Walker made more than $110 million in his NBA career, which included a championship with the Miami Heat in 2006. But in March, he sold his championship ring for $21,500 to help pay back his creditors, according to celebrity gossip web site TMZ. He filed for bankruptcy in 2010, citing total assets of $4.28 million and liabilities of $12.74 million.

Photo: Antoine Walker #8 of the Miami Heat drives to the basket against Tyrus ... more
Antoine Walker

Antoine Walker made more than $110 million in his NBA career, which included a championship with the Miami Heat in 2006. But in March, he sold his championship ring for $21,500 to help pay back his creditors, according to celebrity gossip web site TMZ. He filed for bankruptcy in 2010, citing total assets of $4.28 million and liabilities of $12.74 million.

Photo: Antoine Walker #8 of the Miami Heat drives to the basket against Tyrus Thomas #24 and Ben Wallace #3 of the Chicago Bulls in Game One of the Eastern Conference Quarterfinals during the 2007 NBA Playoffs on April 21, 2007 in Chicago, Illinois. less

YAHOO! FINANCE ON TWITTER