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October 16, 2017

Why NFL players go broke, and what you can learn

  • Many of the challenges players face are unique, but destructive financial behaviors are also common outside professional sports.
    • By LIZ WESTON
    NerdWallet

    iStock image
    Sports Illustrated estimated that 78 percent of NFL players end up broke or under financial stress after they retire.

    Terrell Owens originally was famous for his many National Football League records and over-the-top touchdown celebrations. But he's also famous for running through most of the $80 million he made during his 15-year career, thanks in part to bad investments and business deals.


     
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