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It's old but with the indignant posts cropping up RE: Welker I figure it's a good time for what I assume is a repost here (saw it on Reddit)
Recession or no recession, many NFL, NBA and Major League - 03.23.09 - SI Vault
Give it a read and think about this the next time you want to get self-righteous about a player trying to maximize their earnings. Only a fool wouldn't consider that they themselves could fall prey to this were the situations reversed.
Recession or no recession, many NFL, NBA and Major League - 03.23.09 - SI Vault
By the time they have been retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce.
• Within five years of retirement, an estimated 60% of former NBA players are broke.
Give it a read and think about this the next time you want to get self-righteous about a player trying to maximize their earnings. Only a fool wouldn't consider that they themselves could fall prey to this were the situations reversed.
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