30-for-30’s “Broke”

While I was looking for information on Bart Scott, I came across a series of articles on ESPN’s documentary series “30-for-30”:

This one is on athletes in the major sports who go “broke”.

We often wonder how an athlete who made nine figures over a career can go broke. As it turns out, there are a variety of methods where an athlete or anyone else could go broke. Of course, giving a lot of money to very young men, many of whom had nothing, would be one reason a player could end up broke. Trying to help out family members, a desire to diversify and make bad investments, and worst of all, bad relationships/procreation could also send someone into bankruptcy:

Nine figures and you’re broke. Amazing. Some people feel these guys are just dumbasses. It’s far more complicated than that.

 

 

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About bittersportspills

I love sports. I don't love the hype, homerism, ratings talk, self-important egomaniacs, bias or any of the other nonsense you get with the national media. Nor will you get the two clowns on sports talk radio who stage phony arguments. It doesn't make it entertaining. It makes it time to turn on your iPod and jam instead of listening to white noise generators. This is the sports blog for you, the ones who don't like everything Los Angeles or New York. Just because the sporting media is based there doesn't mean we have to like their teams. We do treat them fairly, though. That means if one of those cities has an average QB who plays particularly well...we'll note it. If they're garbage, we'll say so. Instead of crying "why, why, why" like a certain sports media homer did in his radio broadcast. This isn't my job...I have a real one. Nevertheless, I'll post here when I make an observation. Common sense in sports is nearly dead. Now we're attempting to bring it back.
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