This blog has nothing to do with Publishing. It is about an interview that I listened to this morning on my way to work.
A radio host was talking to a lady that advised Professional Athletes on how to manage their money and prepare for the future.
I had not heard these percentages until now. She said that at least 78% of NFL players are bankrupt after two years of being retired. The NBA percentage was around 58%. I have been told that Baseball is even lower.
Wouldn't it be nice to have so much money that you had to have a plan? I could really enjoy that for me and my family.
I have not done the research, but I was told that it is the same for musicians.
I know this has nothing to do with Publishing, but I was amazed at the numbers. The lady even said that one NFL player had around 70 people he was supporting. This included family and having his own barber and chef and other staff members.
It was interesting and sad. So many young people dream of playing for the NFL, or NBA. They just not see the entire picture.
A radio host was talking to a lady that advised Professional Athletes on how to manage their money and prepare for the future.
I had not heard these percentages until now. She said that at least 78% of NFL players are bankrupt after two years of being retired. The NBA percentage was around 58%. I have been told that Baseball is even lower.
Wouldn't it be nice to have so much money that you had to have a plan? I could really enjoy that for me and my family.
I have not done the research, but I was told that it is the same for musicians.
I know this has nothing to do with Publishing, but I was amazed at the numbers. The lady even said that one NFL player had around 70 people he was supporting. This included family and having his own barber and chef and other staff members.
It was interesting and sad. So many young people dream of playing for the NFL, or NBA. They just not see the entire picture.