There was a time in which Clinton Portis was considered one of the best running backs in the entire NFL. Hailing from the University of Miami, Portis carried on the rich tradition of star athletes from the university. A second-round pick in 2002, Portis enjoyed a nine-year career playing for both the Denver Broncos and the Washington Redskins. Portis was a two-time Pro Bowl selection during his professional career. He was also recognized as the 2002 NFL Offensive Rookie of the Year. Without question, Portis is considered by many to be an all-time great within the Redskins’ franchise.
As is the case with virtually every professional athlete, significant responsibilities are distributed out among the support system. This could involve family members, friends, or individuals hired to run things in an efficient manner. The time commitment attributed to those involved in professional sports is considerable. There’s rarely an adequate amount of time to sit down and suss over one’s financial portfolio. This is particularly difficult to do once the season starts. Professional sports in general have evolved from a finite period of time into a year-long profession.
Financial advisers are hired — and trusted — to look after the best interest of the said athlete. These people are expected to make sound investments, offer counsel in terms of purchasing leisure items, and essentially offer the athlete peace of mind as they perform on the field. However, this wasn’t the case for Portis. The former running back lost over $43 million dollars due to shady, neglectful business deals. With his fortune flushed down the proverbial drain, Portis opted to retaliate against the former financial advisory team in an utterly unthinkable manner.
Upon being drafted into the NFL, Portis became an instant star. He rushed for 29 touchdowns and over 3,000 yards in his first two seasons with the Denver Broncos. By that point, the Gainesville, Fla. native had drawn plenty in the way of attention. Washington Redskins owner Daniel Snyder certainly was a fan — as the franchise traded for Portis in 2004.
Once he landed with the Redskins, Portis signed the then-largest contract for a running back in league history — inking an eight-year deal for $50.5 million ($17 million in bonuses). His lavish lifestyle began drawing attention from media outlets all across the country. The NFL Network and MTV both featured television segments on one of Portis’s homes. They featured gigantic pools, waterfalls, stripper poles, fish tanks with exotic fish, closets chock-full of designer clothing, and a fleet of highly expensive cars.
Sadly, Portis wouldn’t enjoy this lavish lifestyle forever.
Image Source: Daily Mail