Johnny Damon and Xavier Nady Facing Money Problems Because of SEC Probe

Here's something I'll bet you never thought you'd hear (or read as the case may be): Johnny Damon, who made $13 million last year to play baseball for the New York Yankees, can not pay his bills. Seriously.

It seems that Damon, along with his teammate Xavier Nady, invested some money into a company -- one of the companies that the SEC (not the conference) froze on Tuesday that belonged to financier Robert Allan Stanford. So as a result, all of Damon's assets have been locked and he can not access any of his money until all of this gets checked out.

"I can't pay bills right now," Damon said at the Yankees' spring training facility in Tampa. "That started on Tuesday. I had to pay a trainer for working out during the offseason. I told him, 'Just hold on for a little bit and hopefully all this stuff gets resolved.'"

Nady faces similar problems, but his issues only relate to his credit cards, which is making it rather difficult for him to lock down an apartment in New York City at the moment. Either way, both players have been told that things should be OK in a matter of days, but in the meantime, if you see either of them walking around the Yankees training facility in Tampa, lend them some change. Not only will you be helping them out, but you'll feel better about yourself as well.

Sports Stars Money Woes

New York Yankees stars Johnny Damon, left, and Xavier Nady are among the investors whose finances are frozen because of money they have with a company affiliated with Robert Allen Stanford. Click through to see more sports stars who have dealt with money trouble.

Jim Rogash, Getty Images

In January, ex-slugger Jose Canseco battled against Danny Bonaduce in a boxing match because he's strapped for cash and claims to have squandered nearly $45 million.

Louis Lanzano, AP

According to a Chicago Sun-Times report, Knicks center Eddy Curry was sued by Casual Male Retail Group for $41,000 in unpaid clothing bills.

Rocky Widner, NBA

Former Oakland Athletics first baseman Troy Neel faced charges that he fled to a tiny South Pacific island to avoid paying about $725,000 in child support for his kids in Texas.

Texas Attorney General / AP

Michael Vick was once the NFL's highest-paid player. Now the jailed former star is millions of dollars in debt, and is making 12 cents an hour in his job at the federal penitentiary.

Haraz N. Ghanbari, AP

Evander "Real Deal" Holyfield, shown here in 2002, is reportedly in financial trouble with multiple sources. In October 2008, Holyfield was back in court, again facing the possibility of jail time in a child-support case before a settlement was reached.

W. A. Harewood, Getty Images

Former boxing champ Thomas Hearns reportedly owes the federal government thousands in unpaid income taxes. Hearns' attorney stated that the 49-year-old disputes the debt and is working to resolve it.

Bill Pugliano, Getty Images

In August 2007, ex-NBA star Latrell Sprewell, who once turned down a $21 million contract offer because he had his "family to feed," had a yacht repossessed after falling behind in payments.

Kevork Djansezian, AP

Disgraced track champion Marion Jones admitted she was flat broke in 2007, despite numerous lucrative endorsements following the 2000 Sydney Olympics. After her $2.5 million North Carolina home was foreclosed upon in 2006, a court found her "total liquid assets" were worth less than $2,000.

Hiroko Masuike, Getty Images

Mike Tyson filed for bankruptcy in 2003, after losing in excess of $300 million earned from his lucrative boxing career. Tyson reportedly spent lavish sums on cars, jewelery and even Bengal tigers before going broke.