Scottie Pippen lost 120 million & 80% NFL players broke 2 years after retirement

Originally posted by TX9R:

Originally posted by SanDiego49er:

Originally posted by teeohh:
They really need to make pros take a class every season on how to manage their money and not f**k up.

It's their own responsibility to learn how to manage money wisely. Once the paycheck is extended the responsibility ends and it's up to each individual to do something with it. They are not babies. They are adults.

And actually they do get classes on this, starting at the rookie symposium. Also even an idiot can hire someone to manage their money, they just choose not to.

Originally posted by SanDiego49er:

Originally posted by NinerFanMT:
Morons I don't pity them at all.

Originally posted by darkknight49:

Originally posted by SunDevilNiner79:

Originally posted by 1251alex:
Wasnt there an article on sports illustrated about a year ago about this?

Yeah, its old news.

News flash: Pro athletes including NBA players are idiots with great physical talents that have tons have money and not a clue on what to do with it. There are exceptions (Ronnie Lott comes to mind. And John Elway made way more money in car dealerships then he ever did playing ball, sold them for $80 million+).

didn't Elway go to Stanford? you have to be somewhat intelligent to get into Stanford, even as an athlete.

Originally posted by PA9erFaithful:

Originally posted by SanDiego49er:

Originally posted by NinerFanMT:
Morons I don't pity them at all.

Originally posted by fortyninerglory:

Originally posted by darkknight49:

Originally posted by SunDevilNiner79:

Originally posted by 1251alex:
Wasnt there an article on sports illustrated about a year ago about this?

Yeah, its old news.

News flash: Pro athletes including NBA players are idiots with great physical talents that have tons have money and not a clue on what to do with it. There are exceptions (Ronnie Lott comes to mind. And John Elway made way more money in car dealerships then he ever did playing ball, sold them for $80 million+).

didn't Elway go to Stanford? you have to be somewhat intelligent to get into Stanford, even as an athlete.

Magic Johnson and Emmit Smith created their own little business empires and have made tons of money away from their games.

Originally posted by Kalen49ers:

Originally posted by fortyninerglory:

Originally posted by darkknight49:

Originally posted by SunDevilNiner79:

Originally posted by 1251alex:
Wasnt there an article on sports illustrated about a year ago about this?

Yeah, its old news.

News flash: Pro athletes including NBA players are idiots with great physical talents that have tons have money and not a clue on what to do with it. There are exceptions (Ronnie Lott comes to mind. And John Elway made way more money in car dealerships then he ever did playing ball, sold them for $80 million+).

didn't Elway go to Stanford? you have to be somewhat intelligent to get into Stanford, even as an athlete.

Magic Johnson and Emmit Smith created their own little business empires and have made tons of money away from their games.

Easier when you are guys like Magic and Emmitt, but what about the Donald Stricklands and Ashley Lelies of the world. Not as easy for them to go set up a credible business. I agree that pro athletes need to have a plan after their football careers are over

Originally posted by pantstickle:

Originally posted by Kalen49ers:

Originally posted by fortyninerglory:

Originally posted by darkknight49:

Originally posted by SunDevilNiner79:

Originally posted by 1251alex:
Wasnt there an article on sports illustrated about a year ago about this?

Yeah, its old news.

News flash: Pro athletes including NBA players are idiots with great physical talents that have tons have money and not a clue on what to do with it. There are exceptions (Ronnie Lott comes to mind. And John Elway made way more money in car dealerships then he ever did playing ball, sold them for $80 million+).

didn't Elway go to Stanford? you have to be somewhat intelligent to get into Stanford, even as an athlete.

Magic Johnson and Emmit Smith created their own little business empires and have made tons of money away from their games.

Easier when you are guys like Magic and Emmitt, but what about the Donald Stricklands and Ashley Lelies of the world. Not as easy for them to go set up a credible business. I agree that pro athletes need to have a plan after their football careers are over

For athletes with a little less star power and money, I would recommend a financial plan that didn't involve buying a ton of stupid s**t.

Originally posted by darkknight49:

Originally posted by SunDevilNiner79:

Originally posted by 1251alex:
Wasnt there an article on sports illustrated about a year ago about this?

Yeah, its old news.

News flash: Pro athletes including NBA players are idiots with great physical talents that have tons have money and not a clue on what to do with it. There are exceptions (Ronnie Lott comes to mind. And John Elway made way more money in car dealerships then he ever did playing ball, sold them for $80 million+).

didn't Elway go to Stanford? you have to be somewhat intelligent to get into Stanford, even as an athlete.

Originally posted by SunDevilNiner79:

Originally posted by darkknight49:

Originally posted by SunDevilNiner79:

Originally posted by 1251alex:
Wasnt there an article on sports illustrated about a year ago about this?

Yeah, its old news.

News flash: Pro athletes including NBA players are idiots with great physical talents that have tons have money and not a clue on what to do with it. There are exceptions (Ronnie Lott comes to mind. And John Elway made way more money in car dealerships then he ever did playing ball, sold them for $80 million+).

didn't Elway go to Stanford? you have to be somewhat intelligent to get into Stanford, even as an athlete.

Yeah he did. I was just throwing out an example of an athlete that did something financially successful after his career.

Originally posted by pantstickle:

Originally posted by Kalen49ers:

Originally posted by fortyninerglory:

Originally posted by darkknight49:

Originally posted by SunDevilNiner79:

Originally posted by 1251alex:
Wasnt there an article on sports illustrated about a year ago about this?

Yeah, its old news.

News flash: Pro athletes including NBA players are idiots with great physical talents that have tons have money and not a clue on what to do with it. There are exceptions (Ronnie Lott comes to mind. And John Elway made way more money in car dealerships then he ever did playing ball, sold them for $80 million+).

didn't Elway go to Stanford? you have to be somewhat intelligent to get into Stanford, even as an athlete.

Magic Johnson and Emmit Smith created their own little business empires and have made tons of money away from their games.

Easier when you are guys like Magic and Emmitt, but what about the Donald Stricklands and Ashley Lelies of the world. Not as easy for them to go set up a credible business. I agree that pro athletes need to have a plan after their football careers are over

For athletes with a little less star power and money, I would recommend a financial plan that didn't involve buying a ton of stupid s**t.

Originally posted by jrg:
f**k Scottie Pippen.