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Ballers - Why high earning sports stars go bankrupt

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Manage episode 288873132 series 2885835
Content provided by Money Bites. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Money Bites 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.
Did you know that 78% of NFL players who are retired for only two years file for bankruptcy? And very few sports are immune as after five years of retirement, 60% of NBA players suffer the same fate.In this show, we financially review the TV show Ballers. It's an American TV show where The Rock plays a former NFL player turned financial manager, helping young NFL stars avoid bankruptcy. Expect entourages, buying $10,000 aquariums with sharks and massive chains bought on credit. Treat yo' self and hit play. If you want more, head to https://www.moneybites.com/money-bites-podcast/ (Money Bites), for more money chat.
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7 episodes

Artwork
iconShare
 
Manage episode 288873132 series 2885835
Content provided by Money Bites. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Money Bites 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.
Did you know that 78% of NFL players who are retired for only two years file for bankruptcy? And very few sports are immune as after five years of retirement, 60% of NBA players suffer the same fate.In this show, we financially review the TV show Ballers. It's an American TV show where The Rock plays a former NFL player turned financial manager, helping young NFL stars avoid bankruptcy. Expect entourages, buying $10,000 aquariums with sharks and massive chains bought on credit. Treat yo' self and hit play. If you want more, head to https://www.moneybites.com/money-bites-podcast/ (Money Bites), for more money chat.
  continue reading

7 episodes

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