re: NFL Players taking out high interest loans?

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What's amazing is that the owners are the entire reason this practice is the norm.

Maybe they shouldn't be greedy and try to get around the cap that THEY created (to protect themselves from themselves). Rookie wages are too high but if I'm a player I'd tell the owners to go frick themselves for whining about a system that is entirely their creation.

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If I were an owner I'd let them all go bankrupt and come crawling back. It isn't like another league has the infrastructure to run a league like the NFL in time to get these players paid.

The players are not partners. When they retire they go bankrupt because they aren't partners.

I think the players are complete morons. That being said, I'm not sure why the owners decided to rock the agreement instead of letting things go on.

But when you see all these stories plus the NFLPA doesn't want common sense things like HGH testing, then I have a hard time agreeing with them.

I realize that these guys have a lot of risk on their head but so do owners. The owner in any company has the ultimate risk. These guys complain because their careers are short. Their football careers are short but you shouldn't consider a few year period your entire career, the rest of the country is working until social security.

The players do have some good points, but they're so dumb in general that it is really hard to stand behind them on anything. You're millionaires to work a few months of the year and you should be taken care of for life. Boohoo the league doesn't take care of me after I retire... neither does Chevron until you're there for 30 years a-hole. You have plenty of time to pursue an education in the offseason and still workout. They're given every chance to succeed and still 80% + go bankrupt as soon as their career ends. It is unreal.

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At the rate they claim bankruptcy? no way.

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They are making them buy the insurance to make sure they get paid