The Sad Financial Future For Many NFL Players

The Super Bowl, one of the world’s most-watched sporting events, is coming this weekend and many players will see financial bonuses and bigger contracts. However, behind the scene there’s the sad financial future that awaits many NFL players, as more than 15% of the players declared bankruptcy post-NFL retirement. The Wall Street Journal has three advices for anyone who earns a lot of money in a very lucrative short-lived career: Becoming financially literate, learning to manage money, and choosing a pay structure wisely. (wsj.com)