Voyageur
Cheesehead
- Joined
- Nov 10, 2021
- Messages
- 2,753
- Reaction score
- 2,222
It's amazing at how much money some of them can go through, in a short period of time. Then, because of not so scrupulous "business advisors," who gouge them, they find themselves on the short end of the stick when it comes to taxes, and they spend the rest of their lives trying to pay that off.Same fear for 90% of the young guys, drafted or not. If they don't have a grasp of having & handling $$ it's very easy to blow it and/or get lazy thinking it'll always be there.
Take a look at some of the nicest guys who get bilked. Some don't lose everything, but enough that it makes life a lot different than it could have been. Check out what went down with Donald Driver's "partners" in his auto business. Some interesting people there. I could cite a bunch of players that I know of who have been ripped off.
As an example, I know one who sold off his "name" to someone for a few bucks, and now has to get their permission, and pay them a royalty, if his name goes on anything. That's bogus in my book. But, here we are, in a world where it's dog eat dog, and the average person is a dachshund in the world of pit bulls.