10 Reasons Why A Professional Athletes Best Friend Needs To Be His Financial Advisor
Most professional athletes suffer from young persons disease invincibility. They feel as though short-lived careers will happen to the other guy or the other girl, not him or her, and consequently fail to adequately manage their finances during their often, very short-lived, prime-earning years. Of course, there are always exceptions, such as New York Giants running back Tiki Barber. Mr. Barber decided to walk away from the game during the prime of his career to preserve his health and pursue other professional interests such as broadcasting.
There are others that also take an active interest in the management of their money, stay involved every step of the way, and retire in a great position for the rest of their lives. However, the opposite side of these stories are far too common stories of star athletes whose careers are cut short by injury, stories of star college athletes that never make it professionally (think 1986 Big East college basketball Player of the Year Walter Berry, a highly touted player who lasted less than 3 seasons in the NBA), and the most widespread of...
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