Wednesday, March 25, 2009

Athletes Going Broke

Here are some stats from SAB and an SI article about athletes and their finances, AFTER they are finished playing their respective professional sport.
  • By the time they have been retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce.
  • Within five years of retirement, an estimated 60% of former NBA players are broke.

Read the long and very informative SI piece: How (and Why) Athletes Go Broke

If the stats above don't make your jaw drop, read the rest of the story from SI.  

1 comment:

Anonymous said...

the white text doesn't read very well.

william rothstein