Many of those guys attract a huge gang of parasites. The women who ditch you right when the cash stops are the first kind. Tell the leeches you're broke from a really bad investment and the vaca's will be camping it's byob. Those that say that's a great are the ones who you. Also, demand a prenup. As sad as that sounds you need know the tics from the butterflies.
Goddamn, bro, you sound exactly like myself. I agree with your statement 100% I can’t imagine coming out of the NFL draft a rookie contract five years $40 million then say you sign a five-year deal worth 80 million and then you got a file for chapter 11 you should just be ashamed of yourself.
Yeah 8 minutes in and very few mentions of the actual women. Now I have heard more about the NBA all-star weekend women trying to get pregnant by NBA All Stars as way to get setup for life with child support payments. This is just a click bait video of NFL athletes' mis management of their own funds. The average NFL player lasts about 3 years in the league guys that make it to the 2nd contract really get the big payday and like Jerry Mcquire the sports agent gets a big chunk of that as well and what state you live in for the taxes.
But Portis lost money due to finacial advisors that were certified by the NFL Players Association. That shouldn't happen. The NFLPA should have thoroughly vetted these guys.
Roger Stauback told his friends....Tax Free Municipal Bonds...they pay 5% with no taxes...live off the interest for the rest of your life...good advice..not enough people listened.
Roger Staubach, the former quarterback of the 1970’s Dallas Cowboys, I haven’t heard anything about him since he announced his retirement from nfl in 1979
What's insane, is that the Commodore's grandson had the the Biltmore Estate built, the biggest home in the US as a vacation home on an original 125,000 acres now down to 8000 acres. I've been to the Biltmore 5 times and it is truly an amazing feat of architecture, thanks to Fredrick Law Olmstead and many other great men.
I didn't get rich after being a top 50 drafted MLB pick, but the greatest finacial decision I ever made was gifting my parents with my signing bonus even though they did not need it. Years later I benefit from that decision 100 times over. I had the custom cars AFTER my career was over. Blessed by the wisdom of my parents and grandparents for life!
That's a good thing if you can trust your parents. How many times have we heard the stories about the parents screwing-over their own children for money? All too many times!
@karlheinzvonkroemann2217 I have seen what you are referencing. I was blessed Karl. Little did I know they only used a very small portion for a kitchen repair. They blessed me with it in return when I got married, with Interest! I have told a few of my friends who have kids in the NFL and MLB to make sure they get paid on the LAST day of their career too (make them pay to release you) which could be less than 4 years...Thank You and God Bless.
I worked at the Denver Broncos and they had a mandatory class for all first year players. They would tell the players the number one reason that players will go broke is because of women.
A class huh? More than half of these players didn't graduate from the colleges they attended. At college age they were already too busy chasing tail to attend that class!
I worked in a restaurant where many professional athletes football basketball hockey. None of them tip the only tippers. Worse than black athletes are Canadians, because uh, the 10% tip in Canada.
Im of asian american and I can tell you this: I dont date women at all because they ONLY want white guys (both asian AND white women)....they dont see the true man...they only want whats popular in society.....
Bernie Kosar has the saddest story on here in my opinion. It’s a cold enough world out there without getting robbed by your own family. His own father used the poor guy as a piggy bank.
Agreed, you trust your own parents to have your best interest at heart and have your back. You don't expect them to be taking advantage of you and using you as an ATM.
It's not just pro athletes. Elvis Presley earned millions of dollars during his career, but when he died, he only had $35,000.00 in his checking account.
Colonel tom, ripped elvis of muti millions ' he got elvis to perform for far less then he should of, colonel tom was a gambler and ran up many millions in debt ' he got elvis to pay his debts by performing in Vegas for less money when he should of been paid millions .
In the 80's my mom worked for a Doctors office that took care of the Phoenix Suns. All the new players would drive up in their fancy cars they bought while the older players drove up in a p/u truck. LOL The older players invested their money and lived normal life's. A few years later, the new players got rid of their expensive cars and woke up.
There aren’t very many NBA guys who don’t live extremely lavish lives unless they’re #11 on the roster. That’s the guy who drives a truck. Plus trucks are $100,000 now
I live in central NJ and one of my friends managed a TGIF restaurant in Eatontown. Darrel Dawkins, who played mostly for the Philadelphia Seventy-Sixers back in the 1980's would drop in, go to the bar, be friendly and sociable, sign a few autographs and have a couple of drinks. When he left he would he leave $100 tip for the bartender. This was long after he retired. Apparently he managed his money well or just knew how a professional athlete should travel. Darrel was a monster of man and one the first to shatter glass backboards in the NBA. The main reason the design of the hoop was changed to give way and snap back into place after a particularly violent dunk shot. Great guy.
Those were NET receipts. You have to pay Don King, Don King's family, Don King's company, Robin Givens, the woman he attacked at the beauty pageant, Uncle Sam, and the guy who feeds his pigeons. The net result after all this is a fight with Logan Paul for 20 million. Of course, is that what he made? NOT!
Rison & Tyson, should follow the examples of Magic Johnson, Michael Jordan, Vinny Johnson (the NBA Detroit Bad Boys of basketball), Shaq, Kobe, Steph Curry, Michael Thompson, Bill Gates & Jeff Besos (They made a Foundation to cut their Taxes), Elon Musk etc/
there's a term that completely applies for a lot of these cats, but You Tube would censor it. It rhymes with Bigger Itch. The money's here today, gone tomorrow because of complete carelessness.
I was at a party and cleverly tied in how Andre Rison really needed to "chase a waterfall" and put out that fire. I thought it was hilarious but nobody laughed.
All the rookies get the Financial Future presentation. The NFL brings in speakers to all the teams and make a day of it. But all that draft day money clouds the judgement and the players don't pay attention when it really matters.
You mean women?. Yup! But women are worth every bit the danger & trouble than drugs and alcohol. Sadly, men's undoing is a cocktail of all them vices 😂
Mad magazine did funny thing on how to get chicks " when you have money women are never around so get rid of all your money and bullshit the hell out of them"😊😊( shows guy in fancy tux front and cut out in back exposing his ass ect.). Then get married " women like men who get other women "( shows guy cutting his wedding cake getting blown another chick under the table as he cuts cake😊😊! It was pretty funny and elements of truth ! This girl's mother told me " she goes from one indigent man to another" They don't want money they wanna kill the poor guys ! My friend 's friend biggest house ( probably million dollar in expensive development) Wife left went to live with guy in trailer piddly shit town
Note it's not the Ferrari's or Bentleys that bankrupt these guys, it's wives/ex-wives, "entourages" (full-time mooches), and con man money managers. Moral of story is avoid people!
Dan Marino was the only shocker for me. His QB money and his HBO and CBS money. That family on the side. How stupid was that. For over 10 years you were the face of football to millions every Sunday. How did he think no one would find out?😮
The football players who went broke because of these girls is very true, however, some of these NFL players impregnated these ladies and they owe child support and also some spend millions on cars, mansions and yachts, however, they also owe the IRS lots of tax money and they couldn't save lots of money as well!!
@ He said football players are not financial experts so of course they are going to be conned by their agents and family and friends into handing over their hard earned dollars to be sunk into ventures that all go bust anyway.
Look at Rob Gronkowski. Comes across as not a bright bulb, but he hasn't spent a penny of his NFL money. Living off his NFL gigs and endorsements. Someone taught him the value of money very well. I love Herman Edwards advice when they did the 30 for 30 show on these athletes. All you need is one woman, one house, one car. It's not rocket science.
There are consultants out there who can spot a 'golddigger' in an instant. Wealthy professional athletes mostly do not know how to spot a 'golddigger', therefore it is a necessity to consult with a professional 'golddigger-spotter', who can spot them. Wealthy professional athletes must avoid 'golddiggers' at all costs!
In the late 90's I was on a fishing trip off the Pacific where I met a gentleman who was a big shot financial advisor to sports stars, most of them NFL, NBA, and MLB guys. He told me that 90% of players end-up bust due to lavish spending, employing friends/family from the hood, paternity issues, and ultimately that career ending injury.
The Kosar one was mind blowing as it happened, the guy ostensibly did everything right, and over a decade after he finished playing, the market went bad so his wife took him to the cleaners. The scary thing is that the daughters were apparently more vicious than the wife.
The only thing wasn't Rison was his net worth...Showing Vince Young with a Saskatchewan Rough Riders backdrop is all you need to know how his fairy tale career ended.
I don't feel sorry for any professional athlete that goes broke they make a lot more money than a lot of people will ever see and they just throw it away
A piece needs to be done on how men that met a good women saved and helped them? A good woman will help their man and it'd be great to hear about them!
I spent 23 years in the Military and spent my time in Vietnam Korea and the Middle East and 8 years on a Guided Missile Cruiser homeported in Japan. Maybe I could lend some of these guys some money.
They never think they are going too get old ,and not going too be able too play. Too many houses and vehicles and girls that is just out too have a good time . When the money is gone the girls and friends are too.
I didn't know some of these NFL Players went broke. Failed Marriages, Crooked Financial Advisors, Family, Kids, Friends, Girls, Hangers On, Investing in Car Dealerships, Luxury Cars and Homes and Gambling, Drugs and Alcohol... These guys need to speak with Bobby Bonilla the smartest Athlete in the history of high profile players.
Dishonorable mention, although he wasn't a football player: MIke Tyson. He was flat broke in 2005 after earning nine figures in his boxing career up to that point, and has only begun to recover after his recent "bout" with Jake Paul
Most of the guys who still have money are the offensive lineman. I remember when Terrel Davis played for the Broncos he bought a house and moved his mom into it and swore he wouldn't get married or even have a girlfriend while he was playing. Too many distractions
these football players deserve all the money they get but they can't trust anybody just enjoy your money that you made playing a very tough game your all heroes with great courage
Marino’s story is different than the other bums, he made an investment in a media company and they went bankrupt. He wasn’t out partying doing drugs, drinking, buying cars, jewelry etc….
Lesson to be learned: put your money in CD,s or Treasuries. You won’t get huge interests, but you will never lose your principal: and if you ladder them the right way; you can live off the interest if you have enough money invested.
The sad irony is all these athletes had to do was put their money in high yield CDs or T-Bills. And they could have still lived like kings off the interest alone.
Most young athletes have zero money management skills, they think that payday going to keep coming and end up broke after they've blown all their money.
These guys are young, and many of them have never had anywhere near the kind of money they suddenly get in the pros. Then everybody wants to be their "friend." Even when they do the right thing and hire financial advisors, they sometimes get ripped off like Portis did. It doesn't help that they're in a line of work where one freak injury could ruin their careers.
Mark Stepnoski was a Pitt grad. Played twelve or thirteen years, was his own financial advisor and has never had a job since his retirement from football. Still has his money and his pot in Vancouver, B.C.
Derek Jeter did it best. He didn't marry until he was done with his career. His finances were cut and polished and protected. And he dated some of the hottest women imaginable while he was a player. Winning.
Guys, your football career could be over in a millisecond. If you burn through your cash before the football career is over, I guarantee you won’t have the same friends and pretty girls following you around anymore.
I have no sympathy for Torrell Owens. Never liked him. He was always cocky & arrogant towards others like he was better than everyone else around him. You just gotta love Karma.
Put the blame where it belongs. These guys were treated like kings when they were young. Parents, coaches, teachers, advisers. All treated them like they were superior to everyone else. They actually believed it. Entitled. Able to do whatever they wanted. So crazy that they had such talent and discipline in their sport but were completely devoid of it in their lives. Money is killing ever sport. Ohio State and Michigan just proves the point. Brawling after a game. Why? Because they know the NFL is watching. Money to be had. It is a crime.
That's what OJs problem was - nobody ever said no to him. Bill Russell was the opposite way - he met a girl in college who never heard of him - he was so turned on he married her.
Most teams and the Players Association offer those seminars, but sometimes it a case of in one ear, out the other, or a matter of hubris in which a player thinks the money train will never end.
It’s just inexcusable for these athletes to act this way nowadays. These leagues do everything possible to educate these players on how to be responsible with money. I guess the problem is these guys are 20-24 years old. And know better than everyone else.
A lot of these athletes grow up poor or middle class, so when they get the biggest check of their lives, it's hard not to buy all the things you want. I bet you would do the same thing.
I'll never understand spending all your money like there will always be more coming. Do they realize professional athletes don't last into their 40's, except very rare occasions.
Yeah - if you were paying attention at all - nearly every one of these guys - invested a sizable portion of the money they made - it just so happened that they were in bad investments - made by unscrupulous advisors - somehow all of you get that these guys are irresponsible - when in fact the vast majority of them are using their athlete money - to finance a lifetime of financial success - it just turns out that the investments don't work out .
@@briansmith5293 Hmm, I say he won't. Reason, he's surrounded by folks that don't need his $$. (Whom I believe to be) His mentor/coach is extremely intelligent and wealthy. Prime was Hunter, 40yrs ago. And he's already wealthy. You never know though.
@@bennbenn6948yea, she’s been with him knowing he’s gonna go to the league. She literally just embarrassed him on tv last week. The min she gets that ring she’s won. She just needs to wait around a little more till he signs that big deal and she’s gonna file. By then she’ll have a couple kids and there goes child support and alimony.
Never mentioned the children left behind and child support. Jeerke Hill of the Dolphins today has 11 children and does not want to pay child support. How many of these players partied with Sean Pity Combs?
I hate that they use AI to narrate these stories. AI makes obvious factual mistakes and mispronunciations. For the money they paid to create this video, they should have used a human narrator.
If he wants to hold on to his money a great example is the owner of the team. First thing I would do is ask who his financial advisor is and the second would be to contact him.
Now there is a GREAT Idea - and most would be happy to help - unfortunately the culture is such that they consider the owner/ player as being somewhat adversarial - but you certainly have the right idea IMO
Who was that baseball pitcher who lost his entire multi-million dollar bonus? His quote... ''I spent most of it on women and booze. The rest of it, I just wasted.''
![Felix "Unfair" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/Oswujxm2Ag0/mqdefault.jpg)
Rison is the classic story of million dollar talent with a two cent brain.
You wanna marry an arsonist, bad things are gonna happen
Child like attitude he had.
Facts 💯 😂
10 bens, 34 BMWs, 20 trucks, 8 Ferraris... why in hail do you need 50 cars?
@@stephenc2481 lack of education... trying to be big for his homies in the hood.
If you are an idiot before to have money you’re still an idiot after you have money.
Many of those guys attract a huge gang of parasites. The women who ditch you right when the cash stops are the first kind. Tell the leeches you're broke from a really bad investment and the vaca's will be camping it's byob. Those that say that's a great are the ones who you. Also, demand a prenup. As sad as that sounds you need know the tics from the butterflies.
Perfectly said with very few words, key word being IDIOT
Agreed. If you are an idiot to think these guys are smarter than a potted plant, you have your answer. NO.
Rising, meathead
Goddamn, bro, you sound exactly like myself. I agree with your statement 100% I can’t imagine coming out of the NFL draft a rookie contract five years $40 million then say you sign a five-year deal worth 80 million and then you got a file for chapter 11 you should just be ashamed of yourself.
I shed zero tears for anyone who blows their money
A fool and his money are soon parted; suk it up fools !!!
They blow their money on those who blow for money
He didn’t blow his money, she blew his money, and she blew his money and she blew his. Money….and that’s how his money blew away….😂😂😂😂
You shed tears.
I shed lulz.
We are not the same.
beta
Gronk saved all his NFL money and lived off his endorsement money. That's a smart dude.
Look at Jerry Richardson. Played in the 1960s. Died worth over $2b.
My podcast guest was a teammate and mention Gronk teaching him alot that he applies to business now as a CEO.
That's what Marshawn Lynch did too. He teaches financial literacy classes to NFL players as well as to teenagers in Oakland.
He has a smart family
bc hes whte
How many of those “friends” are helping these guys out now?
None.
They have all mysteriously disappeared to be never seen again.
5
Noun.
How many are even talking with them now?
"Nfl players who went broke because of themselves"
There you go. Better title.
Yeah 8 minutes in and very few mentions of the actual women. Now I have heard more about the NBA all-star weekend women trying to get pregnant by NBA All Stars as way to get setup for life with child support payments. This is just a click bait video of NFL athletes' mis management of their own funds. The average NFL player lasts about 3 years in the league guys that make it to the 2nd contract really get the big payday and like Jerry Mcquire the sports agent gets a big chunk of that as well and what state you live in for the taxes.
they made bad decisions, but they also had help.
So what, it's STILL their fault!!🤡🙄@@theoverunderthinker
That’s implicit. But they all wasted their money on girls and that’s why you should save your gen z bs for someone else
But Portis lost money due to finacial advisors that were certified by the NFL Players Association. That shouldn't happen. The NFLPA should have thoroughly vetted these guys.
Roger Stauback told his friends....Tax Free Municipal Bonds...they pay 5% with no taxes...live off the interest for the rest of your life...good advice..not enough people listened.
Thanks Im listening
I have 12 ETF’s in my portfolio that average about 10% and my retirement income is $130k on less than $1,000,000
Who is Roger Stauback?
Anyways, I set up tax free pensions for individuals.
@@moranplano he also majored in real estate development.
Roger Staubach, the former quarterback of the 1970’s Dallas Cowboys, I haven’t heard anything about him since he announced his retirement from nfl in 1979
"Any fool can make a fortune; it takes a man of brains to hold onto it." Commodore Vanderbilt
Vandy said that? Wow, their sports teams blow. This explains it. Honestly, Vandy charges a fortune to attend.
@@mrautomatic9087lol, that went right over your head, didnt it
@mrautomatic9087 Vandy beat Alabama this year.😂 Vanderbilt's legacy is really the Chinese-American's legacy because they laid the track.
What's insane, is that the Commodore's grandson had the the Biltmore Estate built, the biggest home in the US as a vacation home on an original 125,000 acres now down to 8000 acres. I've been to the Biltmore 5 times and it is truly an amazing feat of architecture, thanks to Fredrick Law Olmstead and many other great men.
I didn't get rich after being a top 50 drafted MLB pick, but the greatest finacial decision I ever made was gifting my parents with my signing bonus even though they did not need it. Years later I benefit from that decision 100 times over. I had the custom cars AFTER my career was over. Blessed by the wisdom of my parents and grandparents for life!
the secret is priorities. You got your life in order and got yourself set.
A big thing is your parents didn’t need it. Usually those players having a single mother and some sisters and their kids that will drain him dry.
That's a good thing if you can trust your parents. How many times have we heard the stories about the parents screwing-over their own children for money? All too many times!
@karlheinzvonkroemann2217 I have seen what you are referencing. I was blessed Karl. Little did I know they only used a very small portion for a kitchen repair. They blessed me with it in return when I got married, with Interest! I have told a few of my friends who have kids in the NFL and MLB to make sure they get paid on the LAST day of their career too (make them pay to release you) which could be less than 4 years...Thank You and God Bless.
@@karlheinzvonkroemann2217 this is especially true about child actors.
A football career can end on any Sunday. Spending like there's no tomorrow is just stupidity.
Or on a random Tuesday slipping down a flight of stairs.
mansions, cars, women pathetic
invest ur $
Obviously yeah.
N.F.L.,not for long,adv.
Absolute stupidity! but try convincing a young brother who believe himself to know all.
I worked at the Denver Broncos and they had a mandatory class for all first year players. They would tell the players the number one reason that players will go broke is because of women.
My sister once told me “don’t think with your pants down”. In other words keep the pickle in your pants
A class huh? More than half of these players didn't graduate from the colleges they attended. At college age they were already too busy chasing tail to attend that class!
When the little head is making decisions for the big head, you are in trouble.
Not Joe Namath nuh uh not him😊
@@karlheinzvonkroemann2217 you can just graduate from high school and if you just avoid women you will be good.
I was Risons bartender in KC. He drank cheap strawberry margaritas and didn’t tip. 😂😂😂
What did he buy the ladies?
So he was not as stupid as the video implied.
I worked in a restaurant where many professional athletes football basketball hockey. None of them tip the only tippers. Worse than black athletes are Canadians, because uh, the 10% tip in Canada.
Probably after he was already broke.
@@ligafftheindifferent3495 There is something smart about a professional athlete consuming high calorie alcoholic drinks?
Andre Rison should be ashamed of himself.. Spending all of that money on vehicles is just crazy..
@@00ghostcobra watch the Scott Storch video. He spent $30 million in 6 months
Stupid is what stupid does.
Rison has no shame. In a TV interview Rison said that he did care!
Ninjas will be ninjas
Spent all that money on Left eye or whatever her name was. 😂. Then she burned his damn mansion down!!!! 😮 SMH
I went broke over girls, and I am not a professional athlete!
🤣🤣🤣
Just a dumbass
As do most men in the West.
Im of asian american and I can tell you this: I dont date women at all because they ONLY want white guys (both asian AND white women)....they dont see the true man...they only want whats popular in society.....
Me too😅
Who the hell needs 34 Benz’s?
Nobody needs this crap 😂😂😂👎🏿👎🏿👎🏿👎🏿👎🏿👎🏿😈🤡🤡🤡
A guy that lights his blunts with hundred dollar bills.
blakk man do
@ no it’s just for show , and look what he got broke haaaa
benz'gays relieves sore muscles
Bernie Kosar has the saddest story on here in my opinion. It’s a cold enough world out there without getting robbed by your own family. His own father used the poor guy as a piggy bank.
Hardly a competition
Bernie was a debt card for people
But he did get a ring with the Cowboys hard not to like Bernie.
He got taken advantage of/swindled by family, that's different then spending all your money on stupid shit
Agreed, you trust your own parents to have your best interest at heart and have your back. You don't expect them to be taking advantage of you and using you as an ATM.
Jewelry is the biggest waste of money of them all, except for women.
Women definetly #1
Fleeced by agents, poor investments. No way could Marino blow that much dough on women.
cars are, they depreciate
@@mainsource8030 So, there's nothing you can do about it. They also allow you the freedom to go and come as you wish and have a great life.
Marriage is a waste of money and a sucker's bet on a simple cost benefit analysis
It's not just pro athletes. Elvis Presley earned millions of dollars during his career, but when he died, he only had $35,000.00 in his checking account.
I heard he bought cars by the dozen
that's still more than mine. Besides that , he was impotent in his later years.
Yeah, Jimmie Hendrix once said celebrities make more money dead than alive.
Still $34,878 more than me
Colonel tom, ripped elvis of muti millions ' he got elvis to perform for far less then he should of, colonel tom was a gambler and ran up many millions in debt ' he got elvis to pay his debts by performing in Vegas for less money when he should of been paid millions .
In the 80's my mom worked for a Doctors office that took care of the Phoenix Suns. All the new players would drive up in their fancy cars they bought while the older players drove up in a p/u truck. LOL The older players invested their money and lived normal life's. A few years later, the new players got rid of their expensive cars and woke up.
Lives
@@tonywilliams643 life's
There aren’t very many NBA guys who don’t live extremely lavish lives unless they’re #11 on the roster. That’s the guy who drives a truck. Plus trucks are $100,000 now
Very few players stay in the league (any professional league) long term.
lives not life's (wrong word and no apostrophe) Just FYI 😴😴😴 You're probably too tired, go get some sleep.
I live in central NJ and one of my friends managed a TGIF restaurant in Eatontown. Darrel Dawkins, who played mostly for the Philadelphia Seventy-Sixers back in the 1980's would drop in, go to the bar, be friendly and sociable, sign a few autographs and have a couple of drinks. When he left he would he leave $100 tip for the bartender. This was long after he retired. Apparently he managed his money well or just knew how a professional athlete should travel. Darrel was a monster of man and one the first to shatter glass backboards in the NBA. The main reason the design of the hoop was changed to give way and snap back into place after a particularly violent dunk shot. Great guy.
As the partners of these men...I just couldn't do this to my mate or let him continue to keep saying "yes" to people. No is a complete sentence.
As usual the big winners are the lawyers.
It's like Mike Tyson said, how are you supposed to know how to deal with $300 million one day when the day before you were poor?
How come professional white athletes more often than not were fine, the majority of them didn't and don't come from money
Those were NET receipts. You have to pay Don King, Don King's family, Don King's company, Robin Givens, the woman he attacked at the beauty pageant, Uncle Sam, and the guy who feeds his pigeons. The net result after all this is a fight with Logan Paul for 20 million. Of course, is that what he made? NOT!
Rison & Tyson, should follow the examples of Magic Johnson, Michael Jordan, Vinny Johnson (the NBA Detroit Bad Boys of basketball), Shaq, Kobe, Steph Curry, Michael Thompson, Bill Gates & Jeff Besos (They made a Foundation to cut their Taxes), Elon Musk etc/
@@terrytari1891crazy how much money the Microwave has. Good for him.
Knowledge is free especially in the Internet age. Can't keep using ignorance as an excuse.
These girls always wanted one thing...... THERE MONEY!!!!!
“Their” money
4: I'm shocked!
And the men only wanted the other thing:) ...so its a fair trade off. Both "deserve" bad outcomes either way.
Facts.
sucker born everyday
Character matters. See Kurt Warner. Class.
there's a term that completely applies for a lot of these cats, but You Tube would censor it. It rhymes with Bigger Itch. The money's here today, gone tomorrow because of complete carelessness.
Do you know him. Where have you personally experienced such class? What you see on TV is just a character
Don't be Simps.
Anybody that’s made at least 5 mill has zero excuse. A modest 5% return on it is $250,000 a year!
I had a guy tell me you can't make it on 40 mill a year because most NFL players only play for under ten yrs.
Emma - and 5 mil isn't all that much anymore
I was at a party and cleverly tied in how Andre Rison really needed to "chase a waterfall" and put out that fire. I thought it was hilarious but nobody laughed.
This video should be shown at every football reunion 😂😂
All the rookies get the Financial Future presentation. The NFL brings in speakers to all the teams and make a day of it. But all that draft day money clouds the judgement and the players don't pay attention when it really matters.
The beautiful things in life are the most dangerous. Sometimes even deadly.
You mean women?. Yup! But women are worth every bit the danger & trouble than drugs and alcohol. Sadly, men's undoing is a cocktail of all them vices 😂
The Bible says that a fool and his money are quickly parted.
Amen brother!
oh....I thought it was MAD Magazine.
That was said by PT Barnum.
Mad magazine did funny thing on how to get chicks " when you have money women are never around so get rid of all your money and bullshit the hell out of them"😊😊( shows guy in fancy tux front and cut out in back exposing his ass ect.). Then get married " women like men who get other women "( shows guy cutting his wedding cake getting blown another chick under the table as he cuts cake😊😊! It was pretty funny and elements of truth ! This girl's mother told me " she goes from one indigent man to another" They don't want money they wanna kill the poor guys ! My friend 's friend biggest house ( probably million dollar in expensive development) Wife left went to live with guy in trailer piddly shit town
It's still happening today. The news guys haven't learned from to old guys. The money run out, they run out.
This video could go on for days, considering almost 80% of NFL players are either bankrupt or financially stressed within 3 years of retirement.
NFL stands for Not For Long and that is how long these NFL players keep the money they make playing in the NFL Not For Long
And the NFLPA estimates that 50% of marriages break up one year after the player retires. When the money is gone, so is she.
Pro sports players need to learn the importance of prenuptial agreements.
Jewelry, Cars, Businesses, and Becky 😢😢😢
Note it's not the Ferrari's or Bentleys that bankrupt these guys, it's wives/ex-wives, "entourages" (full-time mooches), and con man money managers. Moral of story is avoid people!
Dan Marino was the only shocker for me. His QB money and his HBO and CBS money. That family on the side. How stupid was that. For over 10 years you were the face of football to millions every Sunday. How did he think no one would find out?😮
The football players who went broke because of these girls is very true, however, some of these NFL players impregnated these ladies and they owe child support and also some spend millions on cars, mansions and yachts, however, they also owe the IRS lots of tax money and they couldn't save lots of money as well!!
thank you. You're repeating everything that was just said in the video.
In his book "Dark Side of the Game. My Life in the NFL" Tim Green dedicates one whole chapter on why players lose their money It's scary!
Whats he say
@ He said football players are not financial experts so of course they are going to be conned by their agents and family and friends into handing over their hard earned dollars to be sunk into ventures that all go bust anyway.
Look at Rob Gronkowski. Comes across as not a bright bulb, but he hasn't spent a penny of his NFL money. Living off his NFL gigs and endorsements. Someone taught him the value of money very well. I love Herman Edwards advice when they did the 30 for 30 show on these athletes. All you need is one woman, one house, one car. It's not rocket science.
Me know that not real money
Can't wait for your next videos - NFL Players Who Got Rich Because of Girls. When can we expect it?
😂😂😂😂
Maybe one started a successful strip club.
November 16, 2086.
There are consultants out there who can spot a 'golddigger' in an instant. Wealthy professional athletes mostly do not know how to spot a 'golddigger', therefore it is a necessity to consult with a professional 'golddigger-spotter', who can spot them. Wealthy professional athletes must avoid 'golddiggers' at all costs!
They love throwing their money around, impressing women, buying things for them.
In the late 90's I was on a fishing trip off the Pacific where I met a gentleman who was a big shot financial advisor to sports stars, most of them NFL, NBA, and MLB guys. He told me that 90% of players end-up bust due to lavish spending, employing friends/family from the hood, paternity issues, and ultimately that career ending injury.
I know 2 people who's financial advisers wiped them out. It happens all the time, not just to NFL stars.
Facts it's all by design
some of them want to do the smart thing...and they get ripped off by their own trusted people. That's money for you. You got it. Others want it.
I’m questioning how qualified their advisors actually were. Probably Uncle Jim’s neighbor’s kid or something stupid like that.
@@miked8227 Offices at the strip mall. National organizations. Yes, they are selling the product they get commission on most of the time.
Tim Duncan’s stole millions from him.
The Kosar one was mind blowing as it happened, the guy ostensibly did everything right, and over a decade after he finished playing, the market went bad so his wife took him to the cleaners. The scary thing is that the daughters were apparently more vicious than the wife.
Damn I didn't know about kosar and Dan Marino. Crazy!
Chasing the cat…she gone.
So pathetic that these simps wasting their money because they can’t live without pussy
Hey dude you can only drive one car at a time, why so many cars??? Lol
Ha, I know! I was thinking the exact same thing!
The only thing wasn't Rison was his net worth...Showing Vince Young with a Saskatchewan Rough Riders backdrop is all you need to know how his fairy tale career ended.
I don't feel sorry for any professional athlete that goes broke they make a lot more money than a lot of people will ever see and they just throw it away
Some are fleeced by managers. Not everybody can be Fran Tarkenton who made more in business than football even while he was playing.
@@HMMELD Add: Magic, Staubach, and Jordan.
Stabauch founded Starbucks and also was Krispy Kreme'distributor to their franchises😊😊
@@davidmahady8241 A different Staubach. Roger - a QB who is very successful real estate investor after his playing days.
@@davidmahady8241 Wrong Staubach
A piece needs to be done on how men that met a good women saved and helped them? A good woman will help their man and it'd be great to hear about them!
Brenda Warner comes to mind.
I spent 23 years in the Military and spent my time in Vietnam Korea and the Middle East and 8 years on a Guided Missile Cruiser homeported in Japan. Maybe I could lend some of these guys some money.
If you have to impress people when you're a NFL athlete, their not your friends.
$19 million means nothing for a NFL player now!😂
And a lot of us will never see money like that in a lifetime, "White privilege" my ass, these clowns are like the demonicrats, and delusional as Obama
They never think they are going too get old ,and not going too be able too play. Too many houses and vehicles and girls that is just out too have a good time . When the money is gone the girls and friends are too.
Most professional athletes end up broke within 5 years after their careers end.
It will be interesting to see how many players blow their NIL money before they even turn pro.
I didn't know some of these NFL Players went broke. Failed Marriages, Crooked Financial Advisors, Family, Kids, Friends, Girls, Hangers On, Investing in Car Dealerships, Luxury Cars and Homes and Gambling, Drugs and Alcohol... These guys need to speak with Bobby Bonilla the smartest Athlete in the history of high profile players.
Dishonorable mention, although he wasn't a football player: MIke Tyson. He was flat broke in 2005 after earning nine figures in his boxing career up to that point, and has only begun to recover after his recent "bout" with Jake Paul
“Sucked Dry”?😂 I’ve been there with a few women, but just minus the money.
Me too.
Most of the guys who still have money are the offensive lineman.
I remember when Terrel Davis played for the Broncos he bought a house and moved his mom into it and swore he wouldn't get married or even have a girlfriend while he was playing. Too many distractions
5:00 - whoa, Young spent $5,000 a week at Cheesecake Factory? Damn dude, at least eat some good food
Owens wasn’t the best looking guy around, but his money was.
these football players deserve all the money they get but they can't trust anybody just enjoy your money that you made playing a very tough game your all heroes with great courage
NBA: hold me beer.
If you think the NFL is bad......bruh......
#1 NFL star most undone by women - Steve McNair
Marino’s story is different than the other bums, he made an investment in a media company and they went bankrupt. He wasn’t out partying doing drugs, drinking, buying cars, jewelry etc….
Another lesson. Don't put all your eggs in one basket
@ This is true but his case wasn’t from him acting like a fool
The same was true of Bernie as well, he took care of family members and when the market went bad, his wife took everything from him.
agreed, and he was not the only one who got burned by bad investments in this video. a cautionary tale for sure.
Lesson to be learned: put your money in CD,s or Treasuries. You won’t get huge interests, but you will never lose your principal: and if you ladder them the right way; you can live off the interest if you have enough money invested.
Wealth is a mindset. But you need the "intentional mind" to accomplish wealth.
The sad irony is all these athletes had to do was put their money in high yield CDs or T-Bills.
And they could have still lived like kings off the interest alone.
That would require common sense. And they do not have any.
And stock and bond index funds
CDs aren't as much fun as Lamborghinis. 😅
Most young athletes have zero money management skills, they think that payday going to keep coming and end up broke after they've blown all their money.
Where do you think the term “ninja rich” comes from??
These guys are young, and many of them have never had anywhere near the kind of money they suddenly get in the pros. Then everybody wants to be their "friend." Even when they do the right thing and hire financial advisors, they sometimes get ripped off like Portis did. It doesn't help that they're in a line of work where one freak injury could ruin their careers.
Marino's stupidity and ignorance are legendary.Incredible that he graduated from Pittsburgh.
No that part makes sense
Mark Stepnoski was a Pitt grad. Played twelve or thirteen years, was his own financial advisor and has never had a job since his retirement from football. Still has his money and his pot in Vancouver, B.C.
Derek Jeter did it best. He didn't marry until he was done with his career. His finances were cut and polished and protected. And he dated some of the hottest women imaginable while he was a player.
Winning.
They all should've studied the life of CAPT. AMERICA roger (the dodger)staubach.
Guys, your football career could be over in a millisecond. If you burn through your cash before the football career is over, I guarantee you won’t have the same friends and pretty girls following you around anymore.
They may have been robbed of their $, but you just robbed my of 23:47! Where tf the chick in the thumbnail? I want my money back
Athletes aren't the only ones suffering this fate.
I have no sympathy for Torrell Owens. Never liked him. He was always cocky & arrogant towards others like he was better than everyone else around him. You just gotta love Karma.
He kept being shifted around to any team that would tolerate him. A real head-case.
He started out OK following Jerry Rice around and was a decent guy. As soon as Jerry left he got screwed up
Rice a Roni was the San Francisco treat right😊😊?
Boss: Here's $35 million. Me: Savings account, rich forever. Athlete: Oooh, a $35 million dollar coat! I'll take it!
Financial advisers are a joke 😂
Watch out for family and Jews I assume
Everyone needs to watch that Herm Edward’s video where he tells the NFL rookies you need the Mr.T starter set.. you only need one chain., one car..
Put the blame where it belongs. These guys were treated like kings when they were young. Parents, coaches, teachers, advisers. All treated them like they were superior to everyone else. They actually believed it. Entitled. Able to do whatever they wanted. So crazy that they had such talent and discipline in their sport but were completely devoid of it in their lives. Money is killing ever sport. Ohio State and Michigan just proves the point. Brawling after a game. Why? Because they know the NFL is watching. Money to be had. It is a crime.
That's what OJs problem was - nobody ever said no to him. Bill Russell was the opposite way - he met a girl in college who never heard of him - he was so turned on he married her.
Exactly! They’re all mad when they lose because they want that $100,000,000 NFL contract after college.
Sports betting and NIL money should be banned.
My roommate and friend I guess from old days gave Ohio State football 10 million ! Better spent buy double wides for Appalachian people I think !
Thank you for this !!!
Find a gal with an education, a freaking JOB or career, has good moral values and you’ve got the foundation for a good relationship.
or dont get married until after your playing days are over
@@tookiezzz2898like Derek Jeter
Sign a prenup
You forgot some of the girls are/were in entertainment
Most of women you described would not be interested in these kids.
Hopefully NFL makes a finance course mandatory after they sign a deal with a team.
Most teams and the Players Association offer those seminars, but sometimes it a case of in one ear, out the other, or a matter of hubris in which a player thinks the money train will never end.
It’s just inexcusable for these athletes to act this way nowadays. These leagues do everything possible to educate these players on how to be responsible with money. I guess the problem is these guys are 20-24 years old. And know better than everyone else.
A lot of these athletes grow up poor or middle class, so when they get the biggest check of their lives, it's hard not to buy all the things you want. I bet you would do the same thing.
I'll never understand spending all your money like there will always be more coming. Do they realize professional athletes don't last into their 40's, except very rare occasions.
Yeah - if you were paying attention at all - nearly every one of these guys - invested a sizable portion of the money they made - it just so happened that they were in bad investments - made by unscrupulous advisors - somehow all of you get that these guys are irresponsible - when in fact the vast majority of them are using their athlete money - to finance a lifetime of financial success - it just turns out that the investments don't work out .
@@pjpredhomme7699That’s true in some of the cases in this video, but there were plenty of examples of players living as if there was no tomorrow.
If these Nfl players didn't go crazy spending they'd be OK.
Nah, are you sure?
Like the United States government. Over-spending will ruin anyone or anything. The larger the debt will make the pain greater.
I hope Travis Hunter doesn’t end up on this list…
Hunter seems like the type that will end up broke. 😂
he been w his girl for years id hope he’s good
@@briansmith5293 Hmm, I say he won't. Reason, he's surrounded by folks that don't need his $$. (Whom I believe to be) His mentor/coach is extremely intelligent and wealthy. Prime was Hunter, 40yrs ago. And he's already wealthy. You never know though.
@@bennbenn6948yea, she’s been with him knowing he’s gonna go to the league. She literally just embarrassed him on tv last week. The min she gets that ring she’s won. She just needs to wait around a little more till he signs that big deal and she’s gonna file. By then she’ll have a couple kids and there goes child support and alimony.
@@briansmith5293 Hunter has a 4.0 grade point average in college, whereas Vince Young's Wonderlic test scores had a worm's eye view of life.
Never mentioned the children left behind and child support. Jeerke Hill of the Dolphins today has 11 children and does not want to pay child support. How many of these players partied with Sean Pity Combs?
Hill is a real turd
None of these guys heard or learned of MC Hammer's demise?!?!? Goodness. So history does repeat itself!
Wilt C bragged he's slept wilh 20,000 women. Some wear it on their sleeve like a badge of honor.
Marino wasnt the brightest bulb in the drawer!!
Imagine losing 13 million dollars.
Lucky all the other players were wizards.
He couldn't have been too stupid - a QB has to know all those plays upward of 1000.
@@HMMELD Marinos wonderlic score suggests hes mentally challenged
Too many blows to the dome?
I hate that they use AI to narrate these stories. AI makes obvious factual mistakes and mispronunciations. For the money they paid to create this video, they should have used a human narrator.
What an awesome video.
So many are young/early 20’s when NFL drafted. They burn through all their millions.
lol that's Bobby Portis' mom in that pic 4:35
No, Lisa Lopes was not jailed for setting fire to Andre Rison's house, but she was sentenced to five years of probation and a $10,000 fine.
If he wants to hold on to his money a great example is the owner of the team. First thing I would do is ask who his financial advisor is and the second would be to contact him.
Now there is a GREAT Idea - and most would be happy to help - unfortunately the culture is such that they consider the owner/ player as being somewhat adversarial - but you certainly have the right idea IMO
Who was that baseball pitcher who lost his entire multi-million dollar bonus? His quote... ''I spent most of it on women and booze. The rest of it, I just wasted.''
Tug Mc' Graw