Comment by ijk
12 years ago
Except that you'd be betting that you're the exception:
"According to Sports Illustrated, 78% of NFL players are divorced, unemployed, or bankrupt two years after leaving the game, and MSNBC reports that one in four NFL players live paycheck to paycheck" [1].
Most athletes do not invest wisely, and often lack the experience to handle large sums of money [2]. Are you so sure that you'd be the exception?
[1] Slideshow warning: http://www.complex.com/sports/2012/04/six-reasons-why-pro-at...
[2] http://www.huffingtonpost.com/don-mcnay/like-lottery-winners...
I understand the statistics, I was just responding to "they have to earn a lifetimes salary". I was under the assumption that the reason for College sports eligibility requirements was so that athletes can have the ability to support themselves after their sports career is over. In fact, I've often run across people in various professions (such as the guy at the car dealership) who were former professional athletes.