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A recent article in Sports Illustrated shows the problems that former athletes face. Just two quick facts from the story:

  • By the time they have been retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce.
  • Within five years of retirement, an estimated 60% of former NBA players are broke.

This is not the happy ending most kids expect when they dream of a pro career.

Read more here

Thursday, March 26, 2009 @ 8:35 pm   28658 Views   SportsEsteem   Like
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