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

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Even allowing for that, 78% is still a huge number which means there's a major problem in the pipeline somewhere.

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Again 99% of these players probably aren't multi-millionaires & there is a reason their names aren't run down because we would not have a clue as to who they are. That's a headline grabbing stat.


Bankrupt does not mean penniless as I suspect it's filed to protect certain assets. I would trade being a 'bankrupt' Warren Sapp than any of the Sociologist/Financial advisers on this board.

Fairly educated men like Thomas Jefferson filed for bankruptcy(as well as Lincoln, Grant & other Presidents) SEVERAL times ,but he refused to part with his precious slaves.

1)Bankrupt does not mean penniless.

2) Those numbers are headline grabbers .Especially for those ALWAYS ready to pounce on perceived 'negative' news about pro athletes. I doubt if we recognize 98% of the names on the list.