Broke by ESPN: Why Athletes go Broke!

Broke by ESPN: Why Athletes go Broke!

NFL average salary is $1.9 Million a year.
NFL average career is 3.5 years.
65% of NFL players retire with permanent injuries.




In the meanwhile, a 20 years old Millionaire athlete has to be careful of:

  • crooked financial advisors who want to literally take care of your Money,
  • golddiggers who want to marry and/or get pregnant,
  • family and “friends” who want to borrow Money,
  • miracle can’t miss investment “opportunities”,
  • legitimate business investments like restaurants, nightclubs, car wash, that will ends up as a failure soon or later,
  • bling bling lifestyles of multiple mansions, car collection, an entourage of sycophants, making it rain in strip club,
  • gambling,
  • etc.



78% of NFL players are broke two years after retirement.
60% of NBA players are broke five years after retiring.


No they are not all dummies!!! 
I didn’t see any dummies in this documentary.
Watch it and maybe you will realize that you would have done the same.










Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *