MLB Hall of Famers who went from millionaires to bankruptcy

Johnny Evers 

Johnny Evers’ earnings towards the end of his career made him the highest-paid player in baseball. He retired in 1918 and was inducted into the Baseball Hall of Fame in 1946. Evers filed for bankruptcy twice; once in 1910 and again in 1936 because of poor business management. 

His first bankruptcy was because he gave his brothers part of his Emerson Shoe Company and the brothers ran the business into the ground, according to Sports Illustrated. 

“I figured that I had lost about $25,000, all that I had in the world,” Evers said (via Sports Illustrated).  

Evers’ second bankruptcy was because of a struggling sporting goods store. He claimed he had no assets and had liabilities of $10,499 (worth $234,000 considering inflation in 2023).  

1909 Chicago Cubs

Johnny Evers pic.twitter.com/drBWCnub4Y

— OldTimeHardball (@OleTimeHardball) December 11, 2022