Clinton Portis

Net Worth: $-5'000'000

Clinton Portis

$-5'000'000

Clinton Portis is a retired American football player who has a net worth of negative $5’000’000. Clinton Portis is most famous for playing for the Washington Redskins where he was a starting running back for seven seasons. Clinton Portis earned a salary of 43’000’000 during his time in the NFL. Unfortunately, he has suffered various financial and legal problems in retirement. Mississippi-born Portis started his football career at the University of Miami, where he became the second freshman to start as a running back. Portis set a school freshman record with five 100-yard performances. But his sophomore season wasn’t as successful, and he lost his job to a teammate named James Jackson. In 2001 Portis came back fighting, and he led his team to a national championship victory. A year later, Portis was picked up in the second round of the NFL Draft in 2002 by the Denver Broncos. Alberto E. Portis becomes the youngest player to score five touchdowns in a game At the age of 22. Portis was traded to the Redskins Before the 2004 season, who offered him an eight-year contract for 50’000’000. 5’000’000. Portis raised eyebrows During the 2006 season as he broke the redskins’ record for the most rushing yards in a season with 1516. He became the third player in league history to have run over 1500. Furthermore, during the 2008 season, Portis (along with O. J. Simpson became the only player to have rushed for at least 120 yards in five consecutive games. This came to an abrupt end, however, when he died from several injuries, which led to his departure from the Redskins in 2011. Table of ContentsFinancial Problems and Bankruptcy Federal Indictment Financial Problems and Bankruptcy When the injuries were all said and done, Clinton Portis ended up earning a total of $43. During his NFL career, he was paid 1’000’000. Unfortunately, this money was wiped out through bad investments under the supervision of a financial advisor. Portis said later that he ”considered murdering his former advisors who wasted millions. Portis admits that some part of his fortune was lost due To a bad gambling habit and general recklessness, To be fair. Clinton lost 8’000’000 in a failed casino project. He also invested in a wealth management company that turned out to be a Ponzi scheme. He reportedly owed the IRS 401432. 18 from 2006 and another $57,187. 61 from 2010). In his bankruptcy paperwork, he listed another $175’000 in In-car loans (for three cars) and $412’000 In unpaid child support. For some reason, he owes half a million to Entertainment Tonight correspondent and former frontline reporter Michelle Turner, and he even lists his mother as one of his creditors. He also owes 500. In December 2015, Clinton filed for bankruptcy, citing 5’000’000 In personal debts. In December 2019, the FBI indicted Clinton and several other former NFL players accused of stealing money from the league’s healthcare program. Portis and the other players reported fake claims to the plan that would allow the company to refund the money. For expensive and unnecessary items like hyperbaric oxygen chambers and ultrasound machines, the defendants were reimbursed. In August 2021, a judge ordered the arrest of Bill Clinton In connection with the failure to pay his 1937 child support bill. He reportedly owed $147’000 with interest on his child support.

ID: 1037319
Published: 19/08/2022
Views: 11
Sep 01, 1981
Male
18522
NFL Player, Athlete
United States of America

Present Rank:

18522

Historical Rank:

22529

Date of Birth:

Sep 01, 1981

Date of Death:

Age:

41

Profession:

NFL Player, Athlete

Nationality:

United States of America

Gender:

Male

Height:

1.80m

Links to social accounts:

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