Delaware is one of those states that isn't necessarily known for pumping out elite pro-level athletes, but they did have a couple of NFL alumni hail from the state one especially in the form of offensive tackle Luke Petitgout. The 6'6, 310lbs, Milford, Delaware-bred tackle made his way to the prestigious football program at the University of Notre Dame where notched a total of 74 knockdown blocks in 1998 that caught the attention of NFL scouts around the league.
Petitgout declared himself for the NFL Draft the following year where he was picked 19th overall by the New York Giants in the 1999 NFL Draft. While Petitgout didn't stack up a ton of individual accolades throughout his career, he did play nine seasons in the league starting 110 games out the 117 games he was an active participant in. Unfortunately, after being signed by the Tampa Bay Bucs in March 2007, he tore his ACL week four against the Carolina Panthers which ultimately ended his football career.
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.