Dermontti Dawson, Pittsburgh Steelers – Failed Real Estate Business
Dermontti Dawson enjoyed an incredibly prolific career with the Pittsburg Steelers. There, he served as their center for twelve years and managed to create an impressive fortune. All in all, he was a very dependable player. However, what many may not know is that Dawson’s life off the field was much more chaotic and troubling.
Just a few years after leaving the NFL, Davis filed for bankruptcy. Unfortunately, all of his financial troubles came from his failed real estate business. Although Davis opened it shortly after retiring in 2000, he simply wasted money for years as a developer. When he filed, he had nearly $69 million in debts and liabilities, opposite to his $1 million in assets.