Jena Ellis of onlinecertificateprograms.org sends this superb link on the topic:
Athletes make more money than they know what to do with. As soon as they sign that million or multi-million dollar contract, all self control goes out the window. Before they know it, they’ve got mansions, luxury cars, fine jewelry and other extravagant items in their name. Of course this isn’t true for all athletes, but most struggle to spend and save wisely. With a little dose of reality and some professional financial counseling, these 10 athletes can finally get their money in check.
The 10 athletes listed are:
- Travis Henry
- Dez Bryant
- Mike Tyson
- Antoine Walker
- Michael Vick
- Latrell Sprewell
- John Daly
- Helio Castroneves
- Jack Clark
- Evander Holyfield
I was reading Bjorn Borg also was bankrupt…
How about those athletes who managed finances well? Indian cricketers of late have been managing them well.. Opening restaurants, buying commercial spaces etc.