Columbus Blue Jackets defenseman Jack Johnson, a former first-round draft pick, has filed for Chapter 11 bankruptcy. The reason for his financial struggles: his parents.

Johnson gave his mother, Tina, the power of attorney, which allowed her to have full access and control of his finances.
As a result, Tina and Jack’s father, Jack Sr., have borrowed $15 million from their son. Furthermore, they have taken out loans on the money, which put Johnson in an even tougher position financially.
With the money, Tina and Jack Sr. purchased a new home in California, which includes a $3 million mortgage with an interest rate of 12 percent. They also bought cars and used the money to travel to their son’s games.
Due to the actions of his parents, Johnson, who has earned more than $18 million over the course of his nine-year career, currently owns less than $50,000, according to USA Today.
"I'd say I picked the wrong people who led me down the wrong path," Johnson told The Columbus Dispatch last week, reports ESPN.com. "I've got people in place who are going to fix everything now. It's something I should have done a long time ago."