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Michael Vick loss his NFL career and regained it after serving three years in prison. But during his time in jail, Vick’s debt grew tremendously due to frivolous spending and bad investments during his first contract with the Atlanta Falcons. After being released from prison, Vick was resigned by the Philadelphia Eagles for $100 million…

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Evander Holyfield has been forced to leave his $10 million mansion due to financial troubles. The former heavyweight champion owes more than $14 million on the home and the estate was recently sold to JP Morgan for $7.5 million. The mansion features 109 rooms on 235 acres in Fayette County, Ga.. Holyfield earned more than…

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“Getting and spending, we lay waste our powers,” wrote poet William Wadsworth more than 200 years ago about materialism. Today, the issue persists among African Americans, whose buying power has reached nearly $1 trillion. Power may be attained through capital; celebrity; gender; knowledge; expertise; affiliation; force; and delegation. In America, power is typically a measure…

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Statement from the family of Dwight Errington Myers (Heavy D): Hev had great love for his family and friends; he was a kind and giving spirit who extended and shared himself with everyone who crossed his path. He had a heart of gold, was approachable, very personable and gave of himself willingly and unconditionally. Though…

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The years of late-night studying, cramming for quizzes and spending hours in the library pay off when college students are earn enough credits to obtain a degree. But after the celebrations with family and friends, most of the members of the 2011 graduating class will be faced with a hard dose of reality. According to…

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The NFL lockout began two months ago, but more than 100 players are already experiencing financial hardship. According to a recent report, players from 16 NFL teams have decided to take short-term loans with high interest rates in order to supplement the lifestyle since they are no longer being paid by NFL owners. The NFL…

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