By Luke Stenis
InvestingAnswers.com

Professional athletes seem to have it all: Fame, fortune and glory. Sometimes the fame and glory catch up to the fortune, and the money disappears, just like these 20 Star Athletes Who Went From Million to Bankruptcy Court.

There are some athletes, however, that don't squander their fortune. Instead, they take their hard-earned pay and transform it into profitable investments. In fact, most of these star athletes make more money from their investments than they do from their sports careers.

Venture capital firms, mega-development deals and sports franchises are just a few ways these star athletes turned their more-than-modest paychecks into mega-investments.

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    George Foreman

    Entrepreneur, Endorser of the George Foreman Grill.

    A two-time former world heavyweight boxing champion, Olympic gold medalist, ordained Baptist minister, author and successful entrepreneur, George Foreman has done it all.

    Over 200 million "George Foreman Lean, Mean, Fat-Reducing Grilling Machine" units have been sold worldwide. In fact, as the official endorser of the grill, it is estimated that Foreman has made over $200 million -- a sum nearly three times larger than what he earned as a boxer.

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