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Good Bye J’aire Alexander
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<blockquote data-quote="Thirteen Below" data-source="post: 1064829" data-attributes="member: 18006"><p>Yet according to several studies, most players are broke or seriously struggling within a few years of leaving the game. A Sports Illustrated article a few years ago said that within I think 2 years of retirement, 4 out of 5 players are bankrupt or in serious financial jeopardy.</p><p></p><p>You and I have talked about financial management before, and for guys like us, a few millions dollars would last us a half a dozen lifetimes because we manage our money as if we're down to our last 100 bucks. Amy and I still haven't spent the money she made in the dotcom boom 30 years ago. But for the majority of the players, having that much money just poured out of a bucket on the table in front of you when you're 21 years old is just overwhelming, and they just spend spend spend like it's never going to stop.</p></blockquote><p></p>
[QUOTE="Thirteen Below, post: 1064829, member: 18006"] Yet according to several studies, most players are broke or seriously struggling within a few years of leaving the game. A Sports Illustrated article a few years ago said that within I think 2 years of retirement, 4 out of 5 players are bankrupt or in serious financial jeopardy. You and I have talked about financial management before, and for guys like us, a few millions dollars would last us a half a dozen lifetimes because we manage our money as if we're down to our last 100 bucks. Amy and I still haven't spent the money she made in the dotcom boom 30 years ago. But for the majority of the players, having that much money just poured out of a bucket on the table in front of you when you're 21 years old is just overwhelming, and they just spend spend spend like it's never going to stop. [/QUOTE]
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