Mike Tyson earned an estimated $300-400 million and filed for bankruptcy at 37. Evander Holyfield lost his 109-room mansion. Joe Louis spent his life in debt to the taxman, and Leon Spinks went from beating Muhammad Ali to working as a janitor. How do champions lose everything, and why are MMA fighters even more at risk?

00:00 From $400M to bankrupt
00:44 Why fighters are at risk
01:35 Mike Tyson: the biggest name in sports
02:03 Tyson's bankruptcy
02:35 Tyson's comeback
03:08 Evander Holyfield's 109-room mansion
03:36 Foreclosure
04:08 Joe Louis vs. the taxman
04:44 Leon Spinks: from Ali to janitor
05:26 The MMA problem
05:58 Why it happens
06:49 How to stay rich
07:23 The trap

Subscribe for a new MMA documentary every week.
#MikeTyson #UFC #MMA

Photo credits (Wikimedia Commons): Paul Burnett (PD); Bill Apter (PD); Toglenn (CC BY-SA 4.0 / 3.0); Paula R. Lively (CC BY 2.0); John Mathew Smith, celebrity-photos.com (CC BY-SA 2.0); Carl Van Vechten (PD); ACME Newspictures (PD); John Mena (CC BY 3.0); Hamster28 (PD); Mohammad Mahdi Dorani (CC BY 4.0); Charles J. Sharp (CC BY-SA 4.0); Alexander Migl (CC BY-SA 4.0); Joey Kyber (CC0); Clement Bardot (CC BY-SA 3.0); Andman8 (CC BY 2.5); G.C. London Publishing (PD). Voice: AI narration. This video is for educational purposes and is not financial advice.