The average professional athlete in the United States makes more money in one season than the average American does in a lifetime.
Despite this, the pros are going bankrupt at an alarming rate.
The following infographic explores the reasons why so many of our sports stars are going from stoked to broke.
Click on “Launch Infographic” for an expanded view.
[…] can fall into this trap if they’re not careful. A recent article from Mint.com states that 60% of NBA players and 78% of NFL players file for bankruptcy within 5 […]
[…] athletes are at particularly high risk of doing this. In fact, MLB players file bankruptcy four times more often than the national average. According to Sports Illustrated, 78% of NFL players are bankrupt or under financial stress within […]