Why do 80% of Multi millionaire athletes go broke after retiring within 5 years????

[Miburo]

As Floyd would say, "none of their **** is paid for".

[Cafe]

If I was rich, I'd make sure that money lasts forever.

[Rick Grimes]

http://www.businesspundit.com/25-ric...ho-went-broke/

http://bleacherreport.com/articles/4...who-went-broke

Because they are still spendind like they did when they where in their sports, but they don't have paychecks coming in to replace the money they waste.

[Carpe Diem]

Really? 17 bathrooms? 17??? How much do you need to poop Evander???


LMAO..

[Carpe Diem]

If I was rich, I'd make sure that money lasts forever.

I'll shop at Walmart if i have to.

[phallus]

coke and hookers ain't cheap, also these dudes have 10 or 12 baby mommas they're paying child support to, i can see how 160 million doesn't last long, after taxes and $1000 dollar a night callgirls, bling, and blow they won't even have enough left over to pimp their ride

[Cafe]

coke and hookers ain't cheap, also these dudes have 10 or 12 baby mommas they're paying child support to, i can see how 160 million doesn't last long, after taxes and $1000 dollar a night callgirls, bling, and blow they won't even have enough left over to pimp their ride

Thats the good lyfe

[Mr. Hipster]

Bitches tbh.

[Disposable Arts]

You forgot the agents/managers who rape them of their money, but anyone whos dumb enough to trust another man with their finances.. deserves to be robbed IMO.


Thats why I respect B-Hop so much, hes been a boring ass fighter for the last 5 years or so.. but has invested his money wisely that he'll never go broke and when he retires, will have more than enough for his family to live off.

[Enayze]

You have to invest those paychecks in companies that wont fail.