Interesting Fact - Money
On average, 70% of young sports stars will go broke within 3 years of retiring.
(In the USA 78 percent of NFL players face bankruptcy or serious financial stress within just two years of leaving the game and 60 percent of NBA players face the same dire results in five years.
(In the USA 78 percent of NFL players face bankruptcy or serious financial stress within just two years of leaving the game and 60 percent of NBA players face the same dire results in five years.
Mike Tyson the former heavyweight boxer earned an estimated $400 million filed for bankruptcy in 2003.
Gold-medal winning figure skater Dorothy Hamill declared bankruptcy in 1994.
Even Swedish tennis star Bjorn Borg filed for bankruptcy in 1989.
And our own George Best, whose appetite for spending led to his financial downfall. "I spent a lot of money on booze, women, and fast cars. The rest I just squandered," he said.)
Sources
http://www.celebritynetworth.com/
http://sportsillustrated.cnn.com/
Gold-medal winning figure skater Dorothy Hamill declared bankruptcy in 1994.
Even Swedish tennis star Bjorn Borg filed for bankruptcy in 1989.
And our own George Best, whose appetite for spending led to his financial downfall. "I spent a lot of money on booze, women, and fast cars. The rest I just squandered," he said.)
Sources
http://www.celebritynetworth.com/
http://sportsillustrated.cnn.com/
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