Who do you trust with your money?
Many of us would probably list “parents” near the top of that list. Which is why the tale of Columbus Blue Jackets defenseman Jack Johnson is so shocking and deplorable.
Aaron Portzline of the Columbus Dispatch reported on Thursday that Johnson filed for bankruptcy on Oct. 7, claiming assets of less than $50,000 and debts of more than $10 million. Sources tell Portzline that his debts could be closer to $15 million.
According to Cap Geek, Johnson’s made $20.9 million in his career on three NHL contracts; that money’s all but gone. His current one runs through 2018, and has him making $5 million a season; much of those future earnings have been ear-marked for repayment of loans. He’s had wages garnished from his paycheck from the Blue Jackets for last two seasons in order to settle one of three lawsuits he’s participated in.