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.