Maryland is home to some pretty legit talent like Steve Francis, Reggie Lewis (rest in peace), and Muggsy Bogues. However, there's one man that some people might sleep on when it comes to historic on-court captains and that's Sam Cassell. When a point guard can take command of a team and lead them to victory while being a stern yet poised leader, many tend to follow and that's exactly what Sam Cassell was able to achieve throughout his decorated fifteen-year NBA career.
Sam Cassell was drafted by the Houston Rockets with the 24th overall pick in the 1993 NBA Draft. He was immediately placed in charge of the team's offensive scheme and led the collective to back-to-back NBA Championships in 1994 and 1995. Cassell also earned an additional NBA ring as a member of the 2008 Boston Celtics. But during his more prominent years, Cassell led underdog teams like the Milwaukee Bucks and Minnesota Timberwolves deep into playoff action. For some reason, just one NBA All-Star honor (2004) doesn't sit well for the legacy he's created for himself.
Not all celebrities have fame and fortune, some are just famous – and in a ton of debt. They came from rags to riches, then went back to rags. Whether they’ve filed bankruptcy, ended up in court, or just can’t stop spending, celebrities mismanage their money just like everyone else. They just hide it well.
50 Cent coined the term “wanksta,” then “partied like it was his birthday” until he filed Chapter 11 bankruptcy in 2015. The rapper was said to be anywhere between $10 million and $50 million in debt. In 2016, a federal bankruptcy court judge in Connecticut approved a plan for the founder of G-Unit to pay his debts back. He was able to get his bankruptcy discharged in February of the following year.
Following a 45-year-long career in Hollywood, acting in more than 70 films, actor Gary Busey found himself in more debt than he was worth. In 2012, it was reported that Busey owed between $500,000 and $1 million worth of debt, but only had $50,000 to his name. The 74-year-old actor owed money to hospitals, banks, the L.A. Waterworks District, and even a storage company. He filed Chapter 7 bankruptcy that same year. Despite his longstanding career in Hollywood, Busey's net worth is now only $500,000.
Burt Reynolds is still worth five million dollars, but his battles with debt date back more than 20 years. Between bad investments and a pricey divorce from actress Loni Anderson, the 1970s superstar had to deal with over $10 million in debt and decided to file Chapter 11 bankruptcy in 1996. While testifying in a 1994 custody hearing, the South Florida native said he spent $40 million getting through his divorce.
The former Hollywood bad boy, Charlie Sheen owes the IRS nearly $5 million. But that's not all. In 2016, his net worth was reportedly still as high as $150 million, but he was nonetheless $12 million in debt at the time – including mortgages, legal fees, and taxes. That same year, Debt.com reported Sheen owed nearly $300,000 on an American Express card alone.