Allen Iverson and NBA players who squandered their vast fortunes

broke, derrick coleman-si

Derrick Coleman – I’ve seen him around at important Detroit social functions. But what most don’t know is that the former flamboyant NBA player squandered all of his $87 million career earnings investing in real estate and Rolexes. When the market fractured into a thousand pieces, so did his bank account. In fact, he ended up owing his creditors close to $5 million.

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