http://profootballtalk.nbcsports.co...more-than-40-million-clinton-portis-is-broke/
Despite making more than $40 million, Clinton Portis is broke
Posted by Michael David Smith on December 19, 2015, 6:22 AM EST
Clinton Portis made enough money during his NFL career in Denver and Washington that he should be set for life: In nine NFL seasons, Portis made more than $40 million.
But Portis isn’t just not set for life, he’s broke. Portis
filed for bankruptcy this week, saying he has debts of more than $5 million that he can’t afford to pay.
We noted in June that Portis had a
debt to the MGM Grand Hotel in Las Vegas of $287,178.56, and that the IRS accused him of failing to pay $401,432.18 in federal income taxes in 2006, and $57,187.61 in federal income taxes in 2010. Portis also lists debts of $500,000 to his mother, $500,000 to
Entertainment Tonight correspondent and former sideline reporter Nischelle Turner, $412,000 in “domestic support obligations” to four different women and $175,000 in car loans.
Portis’s failed business ventures have included sinking $8 million into a casino that went belly-up, and putting $2 million into a “wealth management” firm that was later described as a Ponzi scheme.
The 34-year-old Portis rushed for more than 1,200 yards in five of his nine NFL seasons.