“Disappointed With This Situation”: Lindsey Vonn Had to Pay $1.7 Million at Once After Relying on Someone Else for Her Finances Backfired in 2010

Published 09/26/2022, 8:00 AM EDT

A talented athlete, Lindsey Vonn is one of the greatest Alpine Skiers in history. Athlete of great repute and caliber, she has registered an exceptional skiing career. Along with four World Cup overall championships titles, she has three Winter Olympic medals and countless other titles to her credit, which further resulted in her inspiring masses of followers.

But don’t include the IRS in that list. Being a millionaire athlete is a sweet gig, but managing all the accounts and credit is not that sweet. And Lindsey can vouch for it from her life experience.

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Lindsey Vonn pays it heavy

The incident dates back to 2010, the same year when she won the Gold medal in the Winter Olympics, Vancouver, in the women’s downhill. It was around April first week when IRS filed a $1,705,437 delinquent federal tax lien against Vonn and her now estranged husband, coach, and manager, Thomas Vonn.

Taking to Facebook, Lindsey later, in a post, confirmed that she had cleared the outstanding amount of $1.7 million that she owed in back taxes. Apologizing for her negligence, she wrote, “I have done everything in my power to settle it immediately.” Being a sport, she took the whole incident very positively and informed her fans that it was an “important lesson” for her. She was deeply, as she quoted, “disappointed with this situation.”

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She acknowledged that she was not in control of her finances and that she was relying on someone else. She also confessed that believing someone was not her best choice. Lindsey further reassured that she would not be making the same mistake twice!

What was the fuss all about?

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During the said time, Lindsey was enjoying professional success. Having won medals at the Winter Olympics, she got hold of many lucrative endorsement deals. She was then associated with brands like Red Bull, Rolex, Kohl’s, Under Armour, and Vail Resorts.

She trusted someone else to manage her finances, and as revealed in the Facebook post, the concerned person did not do the best job. Though she was not the only celebrity athlete to run into IRS trouble. But she was lucky, as she could stop it before significant harm was done.

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Like a responsible citizen and figure of public importance, she was quick to do the needful. She is truly an inspiration!

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Written by:

Mubhaswara Ahamed is currently working as a US Sports Author for Essentially Sports. She completed her Grad degree in English Literature from Calcutta University. Mubhaswara was introduced to the world of sports by her father.

Edited by:

Simar Singh Wadhwa

“Disappointed With This Situation”: Lindsey Vonn Had to Pay $1.7 Million at Once After Relying on Someone Else for Her Finances Backfired in 2010

Lindsey Vonn pays it heavy

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What was the fuss all about?