Dennis Rodman has never truly been a savvy man when it’s come to saving up money. This unfortunate truth is even more painful to comprehend when you realize that he came from quite the unfortunate background, financially.
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His mother along with his two sisters, Debra and Kim, grew up without a father figure and would have to pick up a variety of jobs to help provide for the family. Dennis didn’t help his case when he struggled to keep up with work, leading to his mother kicking him out of the house as a teenager.
His first real paycheck that gave him a sense of stability was when he was drafted by the Detroit Pistons in the 1986 NBA Draft. While it was less than $100,000 a year, it was something incredibly unprecedented for him at the time.
Fast-forward to him in his retirement and he owed a lot of people a lot of money.
Dennis Rodman reportedly owed the government $42,000
Dennis Rodman has owed the government money on a multitude of occasions. A big reason for this is that he borrowed close to $350,000 in 2017 when he had gone to North Korea once again, something he surprisingly can do at his own will given his relationship with their dictator, Kim Jong-Un.
In 2011 however, Rodman was accused by the government of owing them $42,000 in delinquent taxes by the state of California. His business manager however, refuted these claims by saying the state itself had given Rodman a check worth $43,000.
Her reasoning was, ‘Why would Rodman receive a check for an amount higher than what he was owed, unless he never owed anything in the first place’.
Dennis Rodman lost hundreds of thousands of dollars gambling
Rodman’s frivolous activities led him down a path of no return when it comes to him trying to save up money. One weekend in Las Vegas saw him win a whopping $89,000 only to lose $200,000 the very next weekend.
Everything from flying cross-country on private jets to partying in various cities multiple times a week is what led to Dennis eventually not being able to pay for things like spousal and child support.