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Why do so many NFL players go bankrupt?

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Why do so many NFL players go bankrupt?

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05-04-2010, 04:05 PM

#11

SirClintonPortis

Pro Bowl

Join Date: Oct 2008

Posts: 6,052

Re: Why do so many NFL players go bankrupt?

Quote:

Originally Posted by Schneed10

This is a great point, ignorant is a good word.

Despite my finance background, I'm even ignorant of the best way to manage $100M. Difference is, I'm smart enough to know that I need to learn more about it before I go giving any money to people.

Once again, you're being "smart" is simply being more knowledgeable and aware.

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Analysis using datasets (aka stats) is an attempt at reverse-engineering a player's "goodness".

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