Originally posted by vrabbit:
seriously, how many hookers and blow had to be at this party for it to reach $300K?
Forget about all the money he actually made from playing in the NFL, and take the $26 million he got in 2006. Now nearly 7 years later, that means that ON AVERAGE he spent $3,714,285.71 a year over the last 7 years, never mind that he reportedly was in a financial bind after just 5 years.
How much do you all make? Let's say you make $50K: that $3,714.285.71 average yearly money Vince was making? that would represent about SEVENTY FOUR YEARS OF YOUR ANNUAL INCOME.
Insane. There is NO excuse for these reportedly 78% of NFL players going broke. NONE.
You get people from poverty, give them a crapload of money, blow smoke up their rear end about how amazing they are, and these guys get used to dropping big amounts of cash because they don't know the meaning of it, its like Monopoly money to them and because they've been told how awesome they are all their lives, they don't think that the gravy train will ever stop, that the money will just keep rolling in.
The other issue is all the greedy parasites and posse's that many players end up with, they make it big and all of a sudden every jackass who did they "what's up" to once back in the day is lining up to get theirs, combine that with some of their families treating them as their personal piggybanks and it all goes downhill from there.
Does anyone think for a second that guys like Alex Smith, Larry Fitzgerald, Peyton Manning and RG3 are going to end up broke and penniless someday?
I do think they need to show special care around "financial advisor's" and "gurus" that end up scamming players out of money, David Akers was the victim of such a scheme and basically lost all his money as a result. But when you get that kind of bank, managed properly, you're not just talking about enough money for yourself or your kids, you are talking about your grandkid's and their children being able to be well-off as well.