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Broke Ballplayers - 8 is Probably Not Enough
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investmentnews.com
The statistics are disturbing. By the time they have been retired for two years, close to 80% of former NFL players have gone bankrupt or are under financial stress. Within five years of retirement, an estimated 60% of former NBA players are broke.
Baseball players are not immune from this alarming trend. Recently, a number of players found themselves ensnared in the Allen Stanford fraud, with their money frozen. Indeed, over the years, scores of great ballplayers found themselves in the poor house. Here's eight.
