Why Do Pro Athletes Almost Always Go Broke?

Reason One.

They are Jocks.

I’d hate to think what I’d have done at age 22 with the money these young athletes get. Major league sports should offer required counselling to all rookie athletes. Finances, personal responsibility, behavior, etc. Most of these athletes are right out of college or even younger and handed millions of dollars. They might not listen but if they bring in older, more experienced athletes, especially those that had the problems they will face, then maybe they’ll have a chance to remain solvent after retirement.

Dumb jocks

“Jocks suck”, to quote what was carved on a desk in my 1977 high school study hall.

As true now as it was then…

you should link to the original sports illustrated article that this cosmoloan article rips off and barely credits. it’s much longer and more detailed.

http://sportsillustrated.cnn.com/vault/article/magazine/MAG1153364/1/i ndex.htm

Ditto what Gail Pink said.

Yeah, jeez, seems like a lot of haters here but one can understand why people are jealous. It’s not surprising though, from a young age, these people are told they can do no wrong, they are preyed upon my others, any mistakes they make are often washed away and they are allowed to do whatever they want. Later, they are given millions of dollars and somehow we denigrate them because they haven’t invested wisely in T-Bills, and municipal bonds?!?

I also think major league sports should all have minor leagues. College football and basketball is relaly the only venue atheletes have for getting to the pros, let’s not be surprised that some aren’t really college material. What other choice do you have if you want to become a pro basketball player?