Luther Ellis now
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Where Are They Now: When Ellis filed for bankruptcy in 2010, there wasn’t necessarily anything egregious in his list of liabilities, unlike many other professional athletes who lost their fortunes.
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There was a $1.6 million home that lost its value in the real estate bubble, and a Rolex watch he purchased, but Ellis eventually had to declare bankruptcy, and even borrow money from peers. A series of investments that went belly-up was the reason for his financial issues. Today, he advises current and former NFL players on how to avoid the same mistakes he made.
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