I read about half the article which was really eye opening. 78% of NFL players are bankrupt after 5 yrs of retirement or in major financial trouble due to joblessness or divorce.Originally Posted by coltnlasma;3681887;
60% of NBL players are bankrupt after 2 yrs of retirement.
They invest their money carelessly, going after bling accounts without investing the financial ends of it. They trust friends and associates who basically scam them out of their money. Every player thinks he is Michael Jordan of the Chicago Bulls and that they will be a success in the business world. He is the exception but many players think financial success is easy and that as long as their names are associated with it, Bang, the money will flow.