Thursday, October 13, 2011

From an old article...

...in Sports Illustrated:

• 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.

Scottie Pippen, above, declared bankruptcy after earning a reported $120 million over the course of his NBA career.

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