Cash 1 Blog
Celebrity Bankruptcies: He Beat the Bambino Curse
Financial hardship can happen to anyone at any time for any reason. Instead of yapping about our hassle free payday loans, we’re profiling public figures who made fortunes and proceeded to lose them for various reasons. We’re doing this simply to show you that this can happen to anyone, and that if you’ve found yourself in sudden financial hard times, you are not alone by any stretch of the imagination. Even the best, most careful and budget-conscious people can wind up facing hard financial times, and the reasons for it are as diverse as the people themselves.
'The Curse of the Bambino'
American League Baseball team the Boston Red Sox went 86 years between World Series Championships. The streak began in 1918, the year after they sold Babe Ruth to the Yankees and eventually came to be known as ‘the curse of the Bambino’. This isn’t to say they didn’t come close at various times, the most infamous being game 6 of the 1986 World Series against the New York Mets when Bill Buckner was unable to keep a ground ball from rolling between his feet resulting in the loss of the game.
In 2004, the Sox were on the verge of losing the American League Championship Series to the rival New York Yankees. Then, the impossible happened. The Red Sox became the first team to come back from a 3-1 deficit in playoff history. They then won 4 straight games against the Saint Louis Cardinals; the final game played under a blue moon in what many called a signal to the end of the curse. That last game represented the longest winning streak in baseball playoff history. And perhaps you already know about all this.
There's a Bloody Sock, Too
Which means you probably also know about the bloody sock. Just before the American League playoffs against the Yankees, pitcher Curt Schilling had undergone a procedure to repair a torn tendon in his ankle, but refused to sit out the series because of the injury. Playing ruptured the sutures on his foot, and the image of a sock stained with blood is now part of Red Sox and baseball history (the sock is on display in the National Baseball Hall of Fame in Cooperstown, New York). Schilling himself went on to help the Sox win another world series in 2007 before retiring, having made 109 million dollars over the course of four seasons with Boston.
Video Games Were Curt's Downfall
=As avid a fan as Curt was about baseball, he was (and still is) an avid fan of video games. After retirement, he invested nearly all his money into a video game company that wound up filing for bankruptcy in 2012. Schilling’s expertise in all matters baseball is without question. It can be argued that he is not a sound financial investor. But who would not invest in something they loved if they had the funds to do so?
Today, Schilling works as a baseball analyst for ESPN. The bloody sock was sold for $92,613 at a live auction. He’s had to file for personal bankruptcy protection, but says the most important things in his life are his health and his family.
We at CASH 1 wish him well, and know that sometimes even a sound financial investment can backfire on anyone. If you find yourself in need of title loans open on sunday because of a sudden financial difficulty, come visit us online and find out if our loans are right for your financial needs.
Joseph Priebe takes pride in assisting audiences with his articles to help them make sound financial decisions.
With over ten years of experience writing financial content his goal at CASH 1 has always been creating engaging and easy-to-digest information for anyone searching for immediate or long-term monetary solutions.
When Joseph is not writing about personal finance, you can find him photographing the Southwest United States with his 4x5 Graflex Crown Graphic camera. He is based in Phoenix, Arizona.