BROKE

[coachx]

http://blogs.ajc.com...ta_falcons_blog

According to a 2009 Sports Illustrated article, 60 percent of NBA players are broke within five years of retirement. For 78 percent of NFL players, it takes only three years. Sucked into bad investments, stalked by freeloaders, saddled with medical problems, and naturally prone to showing off, most pro athletes get shocked by harsh economic realities after years of living the high life. Drawing surprisingly vulnerable confessions from retired stars like Jamal Mashburn, Bernie Kosar, and Andre Rison, as well as Marvin Miller, the former executive director of the MLB Players Association, this fascinating documentary digs into the psychology of men whose competitive nature carries them to victory on the field and ruin off it.

Edited June 5, 2012 by coachx

[PSSSHHHRRR87]

This isn't the first time I've read this stat. Pretty f'in amazing that there are people out there that can go through millions of dollars in only a decade. Allen Iverson made somthing like $150 million over his playing career and he just filed for bankruptcy. Tim Hardaway had his house foreclosed and Jamal Mashburn was broke after only a couple years of retirement. It's what happens when rednecks win the lottery, or this case, young males go from nothing to everything over draft night. They don't know how to manage the success...