Problem to access license server. cURL error 6: Could not resolve host: shortcodesdeluxe.comProblem to access license server. cURL error 6: Could not resolve host: shortcodesdeluxe.com How NFL Players Go Broke During And After Their Careers (INFOGRAPHIC)Sports Networker

Top Menu

How NFL Players Go Broke During And After Their Careers (INFOGRAPHIC)

Broke

Six weeks ago, ESPN aired a “30 for 30” documentary titled Broke, which outlined the financial rise and fall of many professional athletes.

Despite earning millions and millions of dollars playing the game they loved, superstars have thrown it all away.

The infographic below, courtesy of AccountingDegree.com, analyzes how some NFL players in particular have declared bankruptcy and essentially, have ended up going broke.

From bad investments to over-spending, NFL superstars who once felt like they were on top of the world were now broke.

Some Fast Facts Regarding NFL Players Going Broke

  • For most NFL players, a career lasts either 6 or 7 years.
  • Within 2 years of retiring, 3 in 4 NFL players are under financial stress or bankrupt.
  • Some players that have gone broke during or after an NFL career? Terrell Owens, Michael Vick, and Lawrence Taylor.
  • Examples of bad investments made by players include acquiring real estate as well as investing in car dealerships.
  • Lessons learned from NFL players declaring bankruptcy: (1) just because you have money, doesn’t mean you need to spend it and (2) check and double check all investments.
BrokePhoto Credit: ESPN

, , , , ,

One Response to How NFL Players Go Broke During And After Their Careers (INFOGRAPHIC)

  1. food August 25, 2014 at 12:23 pm #

    A good example of this is the shipment of rare shellfish from the Far East to the
    coast of California. It’s best to work with one food at a time when you follow an Elimination Diet.
    No other food software company takes food safety as seriously as we do.
    One man’s delicious delicacies could quite possibly turn your stomach and make you cringe.

Leave a Reply

Website Managed by T3 CONNECT