7 Costly Missteps from Chad Johnson to Tiger Woods

Chad Johnson, who once changed his named to Ochocinco, lost his most recent gig as a wide receiver for the Miami Dolphins following his arrest on allegations of domestic violence.

The day after the incident between Johnson and his reality star wife, Evelyn Lozado, Johnson was released from the Dolphins' roster.

Before landing with the Miami Dolphins, Johnson had agreed to a cut in his salary from $3 million to $925,000 hoping to be retained by the New England Patriots, according to ESPN.

Now, unless the football player is selected by another team, Johnson may spend this season earning zero dollars.

According to the Associated Press, Johnson is facing charges of simple domestic battery after Lozado, a controversial reality character on "Basketball Wives," accused the NFL player of head-butting her during a dispute. On Sunday, Johnson was released on $2,500 bond bail.

The two were set to star in reality show titled "Ev & Ocho" about their nuptials, but that was pulled by the network, VH1.

"Due to the unfortunate events over the weekend and the seriousness of the allegations, VH1 is pulling the series 'Ev and Ocho' from its schedule and has no current plans of airing it," the network said in a statement on Monday.

The news came after a press conference, where Dolphins head coach Joe Philbin said of the decision to release Johnson, "it was more a body of evidence from June 11th forward. When he came in on June 11th, we sat down and we talked and I was very clear as to the expectations of the program. It just didn't work out."

He continued, "It's more about the fit; in my gut I didn't think the fit was going to be beneficial to either party moving forward, whether in the short-term or the long-term. That's really what it was all about. It wasn't about one specific thing; it just wasn't going to work."

Here is a look various missteps that have cost a celebrity or CEO a well-paid job or lucrative endorsements.

1.
Former Highmark CEO

Earlier this year, Kenneth Melani was terminated from his $4 million a year position as president and CEO of Highmark following a fight with the husband of his mistress. Melani told the Tribune Review, "I did a lot of crying. The personal destruction is something I can't even begin to explain to people. It was devastating. I was dropped like a hot potato by everybody in Pittsburgh. As each day passed, I realized that the magnitude of what happened was catastrophic." The charges against the CEO of simple assault and defiant trespassing were dropped after Melani completed 16 anger management classes, according to the Tribune Review.

2.
NFL Player

Michael Vick lost a string of endorsements after reports of dogfighting began to surface. The current Philadelphia Eagles quarterback, who served nearly two years in prison after accepting a plea bargain, lost deals with numerous corporate brands, including Nike. In 2011, nearly four years after the legal woes that plagued his career, Vick resigned with Nike.

3.
Former CEO of Best Buy

An "inappropriate relationship" with a woman employee was behind the abrupt departure of Best Buy CEO Brian Dunn. Before an internal investigation of the CEO's "personal conduct" was completed, Dunn stepped down from the top spot at the company. According to the Wall Street Journal, last year Dunn's compensation package exceeded $7 million.

4.
Olympic Swimmer

In 2009, Kellogg decided against renewing its contract with Michael Phelps after pictures surfaced of the gold medalist smoking a bong. The company released a statement: "Michael's most recent behavior is not consistent with the image of Kellogg." Phelps, who was also suspended temporarily from swimming, represented the United States in the 2012 Olympics bringing his medal total to 22.

5.
Golfer

After details of extramarital affairs began to surface, Tiger Woods lost numerous endorsements. Woods, whose squeaky image made him a poster child for success, was dumped by Accenture after the company stated, he was "no longer the right representative."

6.
Former Highest Paid Actor on Television

Charlie Sheen was fired from the hit sitcom "Two and a Half Men" after a public meltdown, including domestic violence charges and a testy exchange with the show's producer Chuck Lorre. The former highest paid man on television was axed for "escalating erratic conduct" before landing on FX in the show "Anger Management."

7.
Former Miami Dolphins

The Miami Dolphins cut Chad Johnson following an alleged domestic dispute between the football player and his reality TV wife. Nearly a month after the two wed, Johnson ended up in a jail.

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