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

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Marion Jones

Marion Jones won three gold and two bronze medals in the 2000 Summer Olympics in Australia. But in 2007 she forfeited her medals and prizes when she admitted to using performance-enhancing drugs and lying about it. Jones was sentenced to a six-month jail term. She then lost $1 million in endorsements and her $2.5 million North Carolina home went into foreclosure. She later played in the WNBA for the Tulsa Shock in 2010 and 2011.

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Marion Jones

Marion Jones won three gold and two bronze medals in the 2000 Summer Olympics in Australia. But in 2007 she forfeited her medals and prizes when she admitted to using performance-enhancing drugs and lying about it. Jones was sentenced to a six-month jail term. She then lost $1 million in endorsements and her $2.5 million North Carolina home went into foreclosure. She later played in the WNBA for the Tulsa Shock in 2010 and 2011.

Photo: Marion Jones, left, passes around Minnesota Lynx center Nicky Anosike, right, in a WNBA basketball game in Tulsa, Okla. on May 15, 2010. less

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