The financial health of professional athletes continues to be a - TopicsExpress

The financial health of professional athletes continues to be a hot topic. Most are totally unprepared for their good fortune -- they spend too much, invest poorly and they become victims of fraudsters. Two years after retiring, 78% of pro football players are either bankrupt or in financial distress because of joblessness or divorce. In the National Basketball Association, an estimated 60% of former players are broke within five years of retirement. Read more: investmentnews/article/20130811/REG/308119976

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