Ever wonder how so many athletes who make huge salaries end up with barely two nickels to rub together? Well, according to this SI
story, basically, they're idiots. Those guys would be much better off if they had stayed awake through 100-level finance courses.
2 comments:
Okay, that was long, but interesting.
No shock here. And...no sympathy. Idiots. Absolute idiots. I hope they all go bankrupt. I don't care what the economy is doing, that's just ignorant judgement.
I know I've never been in their shoes, nor will I ever have that kind of money, but I could have made those guys tons more money for a lousy $100 month service.
For example, I have an online bank account that for a few months I was making $1/day. I know that doesn't sound like much, but $30/month or $350/year just for doing nothing doesn't suck. Just wait until you multiply those account balances by...10, assuming they let me invest $250,000 at 2%.
I'm paying $75/ticket for a Lions game, $40/ticket for a Pistons game, $25/ticket for a Tigers game. What for? So they can burn the money? One of the best statements in that article was the imagery of "money slipping through their fingers" (or something like that).
This makes me want to attend a professional sporting event even less...which isn't saying much. I've really had no desire the last 3 years to EVER see another profession game, unless it's the Tigers, in the Pepsi seats, and there are fireworks after, and I'm not sitting next to the sun for 4 hours, and there's an idiot fan who won't move so people can walk past him, and their will be a dugout-clearing brawl.
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