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They earn millions playing pro sports and doing product endorsements, yet consider these startling statistics:
Similar to lottery winners, with no financial prowess or discipline, most pro athletes go completely broke in less than 10 years after retirement.
In fact, 60% of retired basketball players go broke in 5, and 78% of football players in 2! Athletes are forced to sell their homes, sell their championship rings, and file for bankruptcy.
Here’s an interesting article on the 6 main reasons pro athletes go broke after their careers are over: Link
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