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Originally Posted by DerailAmnesty.com
Here is something I absolutely did not know until I read it during lunch yesterday. From the latest issue of the San Diego Reader:
Seventy-eight percent of former NFL players after two years of retirement have significant debt or are facing bankruptcy. Sixty percent of NBA players, five years into retirement, are broke. Joblessness and ongoing medical bills accelerate debt. One near-certain consequence is divorce. Most estimates put the divorce rate for ex-athletes at between 60 and 80 percent.
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They, like every one of us, has the freedom to make poor decisions, to spend unwisely, to fail, and to experience the consequences of those actions.