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Why do so many NFL players go bankrupt?

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Old 05-03-2010, 10:23 PM   #1
Schneed10
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Re: Why do so many NFL players go bankrupt?

Kind of thing that drives me absolutely nuts.
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Old 05-03-2010, 10:42 PM   #2
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Re: Why do so many NFL players go bankrupt?

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Originally Posted by Schneed10 View Post
Kind of thing that drives me absolutely nuts.
Me too. It's just young, dumb, and stupid. They have so many enablers and yes men around them, and that doesn't help. Having the best jewelry, hottest cars, and biggest houses is actually pretty much the dumbest way to represent your wealth. Don't get me wrong, if I was making millions a year I would have nice clothes, a nice car or two, and probably more than one house. But I wouldn't be ridiculous about it. These guys have no clue how to live within their means, despite their means being incredibly extensive compared to the rest of the world.

I believe all 4 major US sports have financial counseling available, too. I guess most of these guys didn't hear that memo because the sound system in their $250,000 car was playing too loudly.
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Old 05-03-2010, 10:56 PM   #3
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Re: Why do so many NFL players go bankrupt?

There are some guys on that top 25 list that I had no idea pissed away their riches-
Deuce McAllister
Bjorn Borg
Scottie Pippen
Muhsin Muhammed
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Old 05-03-2010, 11:34 PM   #4
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Re: Why do so many NFL players go bankrupt?

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Originally Posted by GMScud View Post
There are some guys on that top 25 list that I had no idea pissed away their riches-
Deuce McAllister
Bjorn Borg
Scottie Pippen
Muhsin Muhammed
Muhsin muhammad and he is a character guy never see him out and about but the models I have business ties to laugh at these NFL players all the time. They not laughing at rappers.
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Old 05-04-2010, 01:43 PM   #5
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Re: Why do so many NFL players go bankrupt?

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Originally Posted by GMScud View Post
There are some guys on that top 25 list that I had no idea pissed away their riches-
Deuce McAllister
Bjorn Borg
Scottie Pippen
Muhsin Muhammed
Antoine Walker is broke after making well over 100 M in his career.
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Old 05-04-2010, 01:55 PM   #6
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Re: Why do so many NFL players go bankrupt?

I hadn't heard about Sheryl Swoopes.. shows it's not just the guys.
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Old 05-04-2010, 12:13 PM   #7
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Re: Why do so many NFL players go bankrupt?

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Originally Posted by GMScud View Post
Me too. It's just young, dumb, and stupid. They have so many enablers and yes men around them, and that doesn't help. Having the best jewelry, hottest cars, and biggest houses is actually pretty much the dumbest way to represent your wealth. Don't get me wrong, if I was making millions a year I would have nice clothes, a nice car or two, and probably more than one house. But I wouldn't be ridiculous about it. These guys have no clue how to live within their means, despite their means being incredibly extensive compared to the rest of the world.

I believe all 4 major US sports have financial counseling available, too. I guess most of these guys didn't hear that memo because the sound system in their $250,000 car was playing too loudly.
Not to mention they have so many clinging friends and family members.
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