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

Posted on 11/7/13 at 2:23 pm to
Posted by EarthwormJim
Member since Dec 2005
10063 posts
Posted on 11/7/13 at 2:23 pm to
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.
Posted by Rouge
Floston Paradise
Member since Oct 2004
136842 posts
Posted on 11/7/13 at 2:27 pm to
quote:

What constitutes a NFL player? 
52-man roster, PUP, or IR at least one week during the regular season or post season

believe that covers the player classifications
Posted by sugar71
NOLA
Member since Jun 2012
9967 posts
Posted on 11/7/13 at 3:01 pm to
quote:

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.


Ding. Ding .Ding.

This

.That is why most names of all of these bankruptcies, which are public record , are never released in the articles. 99% of them would be unknown.


It's headline grabbing sensationalism & those envious of pro athletes eat it up.


CNN Headline did a teaser recently about a Dallas Cowboy arrested for murder & I wondered had Irvin ,Aikman,Smith,etc...had gone & done it.

When they returned from the commercial it was a 2 year Practice squad guy I had never heard of. But if one says NBA, NFL,etc.....people will tune in/read. He probably is one of those ex 'NFL' bankruptcies .


If I sign a ten day contract with the Lakers I am an ex NBA player.






Posted by TigerintheNO
New Orleans
Member since Jan 2004
41234 posts
Posted on 11/7/13 at 4:13 pm to
What constitutes bankrupt?

If one loses his house to foreclosure are they considered bankrupt? If one files Ch 7 Bankruptcy are they considered bankrupt?

Because they could be multi-millionaires being counted as bankrupt.

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