Another Cautionary Tale: Sapp is broke...

[Tunescribe]

From the "it will never happen department": The NFL and NFLPA should legislate that a certain percentage of every player's salary be set aside for investment in an annuity fund payable for the balance of their lifetime after retirement. (Above and beyond whatever pension they might qualify for.) Most of these guys need to be protected from themselves.

 

[PatsWickedPissah]

Another financial genius...

Bryant McKinnie owes $4.3 million after taking out lockout loan | ProFootballTalk

So a highly compensated player who'd earned TENS of millions previously takes out a loan ($4M!!!) to replace income to be lost in the lockout...only there was no income lost in the lockout. Why not just repay it?

Ah, the need for bling. It's that kind of financial thinking (sic) that has us in a fine mess.

 

[chrisanna]

We appeared on the internet. In between 2000-2007 on it's own, Sapp taken in regarding $43. 6 zillion within actual bucks. Given the actual broker as well as taxation's consume high of which, however he or she most likely created a minimum of $25-30 zillion following taxation's as well as broker costs throughout their profession. I am talking about how can you shed which type of cash?