Russell Wilson is easily one of the most slept on quarterbacks on this current generation. He's reliable, consistent, precise, and poised in high-pressure moments, everything you can ask for in a franchise quarterback. Somehow, his name usually comes up last when discussing top tier quarterbacks. Initially, Wilson began his collegiate sports career, at North Carolina State University playing both baseball and football from 2008 to 2010. The following year, Wilson took his talents to the University of Wisconsin where he led the Badgers to a Big Ten Championship over the Michigan State Spartans.
Surprisingly, Wilson was drafted 75th overall in the third round of the 2012 NFL Draft by the Seattle Seahawks where he's played all eight seasons of his pro-football career. Wilson's initial contract was for a two-year commitment for $2.9 million. Since Wilson helped the Seahawks capture their first Super Bowl victory in 2013 which sparked the franchise to offer him a renegotiated four-year extension, $87.6 million in 2015. This year, Wilson became the highest-paid NFL player after signing another four-year extension for $140 million. This year alone, Wilson will be bringing in $35 million in a single season.
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.