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How and Why Athletes (Still) Go Broke

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Manage episode 430318265 series 3501295
Content provided by Pablo Torre, Le Batard & Friends, Pablo Torre, and Le Batard. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pablo Torre, Le Batard & Friends, Pablo Torre, and Le Batard or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

From a college dorm room to an 18-car garage, there is no "psychological mindf**k" quite like becoming a millionaire overnight. But a supermajority of athletes continue to squander their compressed window of lottery-like earnings. On the 15th anniversary of his seminal story for Sports Illustrated, "How (and Why) Athletes Go Broke," Pablo gets an honest re-appraisal from wealth-management advisor Todd Burach — and brave testimony from Justin Pugh and Antoine Walker — on where stars really are just like us when it comes to financial literacy, haves and have-nots... and pre-nups. Plus: Magic Johnson's one simple rule for staying rich, a heat-check on the entourage bullsh*t meter and the French Bulldog Cold War brewing in NFL locker rooms.

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159 episodes

Artwork
iconShare
 
Manage episode 430318265 series 3501295
Content provided by Pablo Torre, Le Batard & Friends, Pablo Torre, and Le Batard. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pablo Torre, Le Batard & Friends, Pablo Torre, and Le Batard or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

From a college dorm room to an 18-car garage, there is no "psychological mindf**k" quite like becoming a millionaire overnight. But a supermajority of athletes continue to squander their compressed window of lottery-like earnings. On the 15th anniversary of his seminal story for Sports Illustrated, "How (and Why) Athletes Go Broke," Pablo gets an honest re-appraisal from wealth-management advisor Todd Burach — and brave testimony from Justin Pugh and Antoine Walker — on where stars really are just like us when it comes to financial literacy, haves and have-nots... and pre-nups. Plus: Magic Johnson's one simple rule for staying rich, a heat-check on the entourage bullsh*t meter and the French Bulldog Cold War brewing in NFL locker rooms.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

  continue reading

159 episodes

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