Owens is pretty much broke and without any friends. When people do text him to see where he is, he simply replies, “I’m in hell.”
Owens made about $80 million in his career and it seems that he trusted the wrong people with his money, which in the end has landed him with many financial problems.
The February GQ story was done by Nancy Hass.
“It’s not a matter of having lived too large—he was never the type to stockpile Ferraris or build himself a compound; the flashiest car he ever drove was a Mercedes, and while he indeed racked up a few homes that cost as much as $4 million, the only crib he classifies as even mildly sick by pro-ball standards was the one he bought in Atlanta to live in during the Philly off-season,” said Hass.
“The problem, he says, is that he’s by nature too trusting, loyal to a fault, despite everyone’s carping that he’s selfish. It’s the sad old stereotypical song of the up-from-nothing black athlete: He let other people take care of things.”
Owens lost a lot of money from financial advisers that were recommended by his agent Drew Rosenhaus.
“I hate myself for letting this happen,” Owens told GQ via Yahoo Sports. “I believed that they had my back when they said, ‘You take care of the football, and we’ll do the rest.’ And in the end, they just basically stole from me.”
Due to the feeling that people couldn’t trust him, he didn’t have many friends.
“He never had many friends—teammates never called him to party, he says, wrongly assuming that he was “too big” to socialize—and now, “I don’t have no friends. I don’t want no friends. That’s how I feel.”
Owens also owes child support to four women that he has four different children with. He pays about $44,600 a month in child support.
“If there’s anything I’m sorry about, it’s getting involved with all that.” He never actually dated any of the women, he says. One was a one-night stand, the others “repeat offenders.” Owens, who has never been married, concedes he is “not a very good judge of character.” Still, he “never suspected they were the types to do what they done in the past year.”
As he started to make less money, he lowered his payments to three of the women and then they sued him.
“Now he is in court with all four women, whom he lumps together like one big bloodsucking blob. None of them are being fair, he says: “They know I’m not working; they know the deal.” Although he never established regular visitation with any of the children through the courts, he says he sees the eldest three as much as he can when their mothers allow it. So bitter is his relationship with the mother of the youngest child, a son, that he has never met the boy.”
Owens’ story is a very sad one, that many athletes can relate to.
It was obvious when Owens recently signed with the Allen Wranglers of the Indoor Football League that he’s desperate to make some money.
At the age of 38 his NFL is all but over and he’ll need to figure out what he’s going to do in the next phase of his life.Follow PFZ on Twitter @ProFootballZone