In this episode, I talk about Why You WILL Go Broke As A Professional Athlete. A lot of people look at professional athletes that file for bankruptcy as they are stupid and irresponsible. How could someone who signs a $100 million+ deal, have no money left to their name? To many, it just does not seem realistic. Here, I try to take a side that is more athlete-friendly. I break down how maybe someone who just comes into money for the first time, someone who is not financially literate or someone who falls victim to lifestyle inflation, could easily fall into a trap as a professional athlete.
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