Categories: The GM's Suite

Ex-NFL Running Back Owes $5 Million In Back Taxes

How many stories have we heard about professional athletes blowing all their money? Add another to that list. Over nine seasons in the NFL, 34-year-old former running back Clinton Portis earned over $40 million playing for the Denver Broncos and Washington Redskins.

Portis was perhaps known for the flamboyant costumes he’d wear when addressing the media, has filed for bankruptcy this week, saying he has debts of more than $5 million, and he doesn’t have it.

The list of Portis’ creditors includes your typical money traps like child support and gambling – he owes the MGM hotel a nice chunk of change – and some curious debtors like a former NFL sideline reporter and his mother.


“in June Portis had a debt to the MGM Grand Hotel in Las Vegas of $287,178.56, and that the IRS accused him of failing to pay $401,432.18 in federal income taxes in 2006, and $57,187.61 in federal income taxes in 2010. Portis also lists debts of $500,000 to his mother, $500,000 to Entertainment Tonight correspondent and former sideline reporter Nischelle Turner, $412,000 in “domestic support obligations” to four different women and $175,000 in car loans.

Portis’s failed business ventures have included sinking $8 million into a casino that went belly-up, and putting $2 million into a “wealth management” firm that was later described as a Ponzi scheme.

Athletes going broke and how they can better manage their money is a topic I cover in my book, PostGame Pass: access into “the life.” Available now on Amazon and Barnes and Noble.

Jill Munroe

Jill Munroe is a Los Angeles-based host, producer, and writer. You can find her work on sites such as FoxSports.com, EURweb.com, and MSN.com. Munroe is a current member of the African-American Film Critics Association and the National Association of Black Journalists. Munroe has also been a frequent guest on ESPN radio and Yahoo Sports. In 2015, Munroe released her first book, "PostGame Pass: access into "the life" JillMunroe.com

Share
Published by
Jill Munroe

Recent Posts

‘Reasonable Doubt’ Season 2 Hulu Tackles Friendship, Power & Secrets | Exclusive with Raamla Mohamed & Emayatzy Corinealdi

Hulu's *Reasonable Doubt* highly anticipated second season delivers a complex mix of courtroom drama, personal…

1 month ago

Frasier Reboot Season 2: How Olivia, Eve, and Roz Redefine Strong Female Characters | Watch on Peacock

The *Frasier* reboot on Peacock returns for its second season, bringing back the beloved character…

1 month ago

Puff Daddy, Hugh Hefner, and 70s Rock Icons: Two Sides of the Same Coin?

The lifestyles of music and media moguls, from rock stars of the 1970s to hip-hop…

2 months ago

Zoë Kravitz on Directing ‘Blink Twice’: Exploring Paradise, Danger, and Feminist Themes

Zoë Kravitz on Directing 'Blink Twice': Crafting Tension in Paradise Zoë Kravitz has stepped behind…

2 months ago

Diddy’s Explosive New Lawsuits: Drugging, Assault, and Voodoo Tattoo Connection

Sean "Diddy" Combs has found himself at the center of a storm, with new allegations…

2 months ago

“Seeking Mavis Beacon:” A Cultural Icon Who Was Never Real

The mystery behind Mavis Beacon, the face of the beloved 1980s typing software, has intrigued…

2 months ago

This website uses cookies.