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FALL FROM GRACE- PRO ATHLETES GONE BROKE

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TheGeoGee Experience

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A large percentage of athletes from the the NBA, NFL and Major League Baseball—continue to suffer from a financial pandemic. Salaries have risen steadily during the last three decades. But, • By the time some 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. • Numerous retired MLB players have been similarly ruined. On this episode we look into how and why, these millionaires lose their fortunes. There are startling parallels between them and everyday fortune losers, making this episode a financial crash course for all.

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