When it comes to one of the most prolific passers in the game, look no further than Dan Fouts. Fouts' ability to deliver long distant passes with the precision to hit wideouts right in between the numbers was uncanny during his time in the NFL. The 6'3 quarterback from San Francisco, California was easily one of the best quarterbacks throughout the 1970s and '80s. Despite not really making a buzz from recruiters, Fouts accepted a scholarship offer from the University of Oregon where he played from 1970 to 1972. In just three seasons with the Ducks, Fouts was able to break a total of nineteen school records including career passing yardage (5,995).
After coming off of a successful college football career, Dan Fouts was drafted 64th overall in the third round of the 1973 NFL Draft by the San Diego Chargers where he would play his entire professional career. Fouts would go on to lead the San Diego Chargers to playoff berths for four consecutive seasons (1979-1982) and two AFC Championship games (1980 and 1981) but never made a single Super Bowl appearance. However, the 6x Pro Bowler did rack up a ton of impressive individual feats including leading the NFL in passing yards for four seasons straight (1979-82) and becoming the first quarterback to throw for over 4,000 yards in three consecutive seasons (1979-1981). After the 1987 season, Fouts hung up his cleats for good and now resides in Sisters, Oregon.
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.