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Old 09-20-2011, 01:58 AM   #1
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Default Chris McAlister Broke

Former NFL star Chris McAlister who once signed a $55million contract claims he is broke and his having to live at home with his parents, it has been revealed.
The former Baltimore Ravens cornerback, who won a Super Bowl with the team, is trying to lower the monthly alimony he pays to ex-wife Marlene, according to documents seen by TMZ.
In the documents, he claims: 'I have been unemployed since 2009. I have no income.

Broke: Chris McAlister, 34, pictured in action for the Baltimore Ravens in 2007, is living with his parents and is trying to lower the alimony he pays his ex-wife
'I live in my parent's home. My parents provide me with my basic living expenses as I do not have the funds to do so.'
Mr McAlister was a first round NFL draft pick in 1999 and played in the NFL for 10 years.
He got an interception during the Super Bowl in 2000 and helped lead the Baltimore Ravens to a 34-7 victory of the New York Giants.
He also won a second Super Bowl ring with the New Orleans Saints in 2009, although he did not play in the final game.
Mr McAlister was married to Marlene for 13 months. She claimed their marriage broke down in 2009 when she became pregnant and did not want to have an abortion.
He is the latest NFL star to fall on hard times.
Last month, three-time Super Bowl winner Ray Guy was forced to sell off his rings for nearly $100,000 after filing for bankruptcy earlier this year.
Mr Guy, a seven-time Pro Bowler, won the rings in 1977, 1981 and 1984 with the Oakland and Los Angeles Raiders.
How does this guy go from making millions in one year to living with his parents with no job or income?
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Old 09-20-2011, 02:02 AM   #2
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Default Re: Chris McAlister Broke

On the first page
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Old 09-20-2011, 02:04 AM   #3
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Default Re: Chris McAlister Broke

Lots of people who get rich quick lack the strategies that have their money make more money. They lack the proper upbringing and guidance that know how to handle $, thus the spending spree and spectacular crash. You see it all the time.

"New money" are in a hurry to catch up with the "old money" by spending a hefty coin on expensive stuff.

See any lottery winner. What happens to them a few years down the road? They're usually broke.
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