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Old 05-04-2010, 07:30 AM   #20
SmootSmack
Uncle Phil
 
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Join Date: Feb 2004
Posts: 45,256
Re: Why do so many NFL players go bankrupt?

A lot of these athletes put their trust in people they shouldn't. Even if they should, you should never put 100% trust in anyone else when it comes to managing your money. I've also seen a lot of these people invest money in their friends' businesses or even just business ideas. And if/when they try to get out of it they're faced with the guilt trip of "Aw man, you've changed. Forgot about us"
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