“Lethal Weapon” actor Gary Busey filed for bankruptcy in California on Tuesday, citing more than $500,000 in debt, according to documents obtained by TMZ. Busey, who has starred in more than 70 movies, has less than $50,000 to his name. Court documents show that his IOUs got a bit too extensive and he owes a [...]

Written by: Jeff Arnold http://www.thepostgame.com Terrell Owens has always been an island of sorts. His brash personality and self-absorption routinely alienated his teammates during an NFL career that teetered between terrific and toxic, leaving him to fend for himself. Now, at 38 and out of football, he’s lonelier than ever, and running out of money. In a [...]

By Kelly Dwyer Yahoo Sports Times are tough for business owners both big and small in 2011, and Basketball Hall of Famer Julius Erving is no exception. The formerPhiladelphia 76ers legend is being sued for nearly a quarter of a million dollars after an investment in a golf club went belly-up. The Atlanta Journal-Constitution has the breakdown: [...]

By Shelly Gigante, Special for CNBC.comMonday, Jan 31, 2011 Steve Young, the NFL needs you back. Not so much on the Gridiron per se, though your legacy as a quarterback with the San Francisco 49ers will long be revered in the annals of football history, but as the voice of financial reason for dozens of players who can’t [...]

  Half of Americans don’t have $2,000 for a rainy day – May. 24, 2011  

As the NFL lockout enters its second month, players from at least 16 teams have already sought out extremely aggressive short-term loans with high interest rates, ThePostGame.com has learned. According to a financing source, these interest rates range from 18 percent to 24 percent, and upon default, they can rise as high as 36 percent.