Most of us are not rich enough to have massive extravagances, in fact, the biggest extravagance most of us have these days is a subscription to Netflix! But while we can always sit and dream about the good life, remember, there have been so many athletes that have made massive purchases, that they have completely backfired on them, and have been some of the dumbest purchases ever made! Let’s have a look at a few choice examples…
Jack Clark
The former baseball player enjoyed an illustrious career with the San Francisco Giants, the St. Louis Cardinals as well as the mighty Boston Red Sox, but what wasn’t so mighty, was his predilection for fast cars. His hobby of purchasing expensive vehicles, including the Ferrari F40, accelerated his bankruptcy and forced him to sell up his $2.4 million California home! And, while we’ve seen some successes in buying property, or even, in some extreme circumstances, leaving the game altogether, such as Jason Brown quitting football, Mr Clark didn’t fare so well. Lots of athletes invest in property, and sites like SportsAfieldTrophyProperties.com show the pinnacle of what sports stars are aiming for, but in the case of Mr Clark, an extravagant purchase doesn’t always mean a secure investment!