78 percent of NFL players are bankrupt...within two years

Many NFL players come from poverty.

When you come from poverty, you can't fathom a million dollars. It literally seems infinite to you.


That's why a lot of lotto winners go bankrupt too.

What constitutes a NFL player? Is every undrafted free agent considered an NFL player?

It's not that surprising that the percentage is that large when most of them might be on a team for a couple years max and most aren't signing multimillion contracts.

so they can manage money poorly while they are still in college?

The players tend to have short careers, a lot of expenses, and individuals sponging money off of them.

Every college athlete intending to play professionally should get a finance degree. If the schools are going to make them take classes at all, then they should be focusing their time and effort on the one thing that will make or break their financial futures, whether in the professional sports world or professional business

One lived across the street from me-played a good while, had a super bowl ring. He spent lots of money and had some beautiful cars. He went bankrupt and moved out (he was foreclosed upon) abruptly. The worst part was he left his bird there to die-which it did.

That's what posse's do to a guy, drain him of spendable cash. Not to mention an extravagant lifestyle and no common sense. No sympathy.

Makes sense most of them have never had money before and don't know what to do with it or invest and how to save it

Ryan Fitzpatrick needs to be a financial adviser to NFL players once he retires. Economics degree from Harvard? I would trust him with my money and he knows what its like to be given all that money and knows how it all can bleed out quickly.

He could make SOOO much money doing this. They would all trust him because he's "one of them".

I agree they should all be required to take a full college course geared towards their exact situation and managing their finances.