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To: DemforBush

Athletes make a LOT of money fast — but their careers are typically short. So, when you’re making $5M a year and living like you make $5M a year ... its a big hit when your career ends at 35-years-old, and you live like you make $5M and actually make nothing.

If you make $5M, buy your house in cash, your car in cash, and live like you make $200K ... you can live comfortably for a very long time.

The most ridiculous story on that list is Jack Clark ... he had 70 car notes at the same time. When you have that much money ... why take out a car loan?

SnakeDoc


10 posted on 03/11/2010 7:14:26 PM PST by SnakeDoctor (The night is darkest just before the dawn, but [...] the dawn is coming. -- Harvey Dent)
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To: SnakeDoctor
... its a big hit when your career ends at 35-years-old, and you live like you make $5M and actually make nothing.

The average pro football career is less than four years, so most of them are out of the league by the time they're 26 or so. They're naive as all get out about everything but sports, and there are a lot of people lined up to take their money.

17 posted on 03/11/2010 9:32:14 PM PST by Richard Kimball (We're all criminals. They just haven't figured out what some of us have done yet.)
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