7 MLB Stars Who Went Broke

While the HGH-fueled bulklords receive all of the scrutiny these days, MLB’s financial dopes are the bigger epidemic. For every Jeter who knows how to manage the cash flow and be a bit discriminate with the decision making, there’s a Dykstra who will beg, cheat and steal to keep the bling-bling lifestyle going. Here’s a list of some of baseball’s biggest financial busts.

Gaylord Perry

It’s hard not to call old Gaylord a slow southerner. I’ll save the cheater label for another day. Making the rounds and good money with 8 different teams while pitching in MLB, Perry decided to give tobacco and peanut farming a go after retirement. Within five years of opening his 500 acre enterprise, the tobacco market and Gaylord’s fortune went up in smoke. Forced into retail sales, Perry scraped by until a small South Carolina college asked him to revive a baseball program.

Curt Schilling

The “Bloody Sock” was a stud on the pitcher’s mound but a dunce with his money. Making over 90 million during his illustrious professional career, Schilling lost it all on video games. Yes, video games. Building a video gaming company when you have no background in software engineering is not exactly the best business move. Now defaulting on a multimillion dollar invest loan from the state of Rhode Island? That’s just dumb. Schilling had it all, and lost it all. He even had to sell the sock.

Debby Wong / Shutterstock.com

Debby Wong / Shutterstock.com

Scott Eyre

Another day, another dense pitcher. Eyre was quite effective as a reliever for a number of clubs, but downright moronic in managing his earnings. Another duped victim in Allen Stanford’s 8 billion Ponzi scheme, Eyre realized zero returns on the millions he handed over to Stanford. With $13 to his name when he showed up to Phillies training camp in 2009, Eyre had to beg management for a “quick cash” advance on future earnings. Stay away from Amway, Scott.

Aspen Photo / Shutterstock.com

Aspen Photo / Shutterstock.com

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