Terrell Owens, Latrell Sprewell, Mark brunell, Antwan Walker, Jim Layritz just to name a few.
Professional athletes from the nation's three biggest and most profitable leagues—the NBA, NFL and MLB—are going for broke. Although salaries have increasingly risen over the years, they just can’t seem to get it right. Peep this:
• By the time they 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
The B.O.S takes a look at some things that contribute to the financial troubles of many professional athletes....and this is only the short list.
