Kenny Anderson had to file for bankruptcy the same year he retired. The crazy part is, how could someone blow through $63 million in such a quick time frame?

Athletes going bankrupt isn't breaking news anymore. In fact, even NBA hall of famers isn't strangers to filing for bankruptcy. But the story of how Anderson lost all his money is quite surprising.

Kenny Anderson was destined for the NBA since he was a kid. He was always the best point guard in New York, dubbed the next Magic Johnson, and had scouts calling his home since he was in the sixth grade! They were right to do so too. By the time Anderson finished high school in 1989, he did something only Kareem Abdul-Jabbar could achieve at that level. To this day, he's the only player to be named All-City four times. The hype around Anderson only got bigger when he was ranked higher than Shaquille O'Neal and listed as one of the most prized recruits in Georgia Tech history.

Eventually, the hype got the better of Anderson. As the 2nd overall pick in the 1991 NBA draft to the New Jersey Nets, he had to endure the pressure of resurrecting a dormant franchise that had fans expecting nothing less than the high school version of Anderson.

Anderson did show promise by becoming an all-star in year three, but it was nothing close to what fans were accustomed to which led the two to mutually part ways after four and a half seasons. From there, Anderson spent his career playing for seven more teams, including the Celtics, Blazers, Pacers, Hawks, Sonics, New Orleans Hornets, and Clippers.

In 2005, the same year he retired, Anderson filed for bankruptcy. “I thought [the money] would last and I didn't know how to say no,” said Anderson to Forbes in 2015. Anderson also explained that his three separate marriages ultimately led to his demise.  Having to pay child support for 7 children with 4 different mothers can take a toll on anyone.

While Kenny's net worth might be not as much as it was 20 years ago, he has recovered. Given a second chance to right his wrongs, Anderson is looking to change and impact the youth. He's since created a documentary of his life and works as the head coach for Fisk University.

NBA All-Star Who BLEW $63,000,000 – YouTube