Lewis has filed for Chapter 11 reorganization, reports The Baltimore Sun.
Lewis has joined a long list of professional athletes who have ended up in bankruptcy court because of their overspending, bad business deals or both.
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In his filing, Lewis listed assets that included a Super Bowl ring, fur and five Atlanta homes, a 47-foot powerboat worth an estimated $200,000, a $150,000 2005 Ford F-650 XUV, a 2009 Mercedes CL63 (worth $80,950) and a 2008 Mercedes GL550 (worth $47,400). And he’s leasing a 2010 Porsche Panamera, The Sun reported. Lewis makes $35,000 in an average month and spends $34,050 of it, leaving him with $950 left over. His bankruptcy filing certainly shows a man living on the financial edge.