RE: Using a local example
Posted on: June 22, 2018 at 08:27:50 CT
90Tiger STL
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An estimated 60 percent of former NBA players are broke within five years of retirement, Sports Illustrated reported in 2009. That same report noted that 78 percent of NFL players are bankrupt or under financial stress by the time they have been retired for two years. Leagues attempt to educate rookies about managing wealth. Teenagers don’t always listen.