Location : Cleveland, OH
A recent article in Sports Illustrated details the dark side of those multimillion dollar contracts that professional atheletes sign; A lot of the athletes end up penniless. For example:
NPR, in their introduction to the story, said something along the lines of, "Let's just skim some money off of the athletes and use it to bail out the economy."
And, the NPR story updates the information on Travis Henry - reports are that he has had twins, so it is 11 children with 10 women. Shawn Kemp should take note.
Link: Sports Illustrated: How (and Why) Athletes Go Broke
Link: NPR: For Ex-Pro Athletes, Big Bucks Often Fleeting
What happens to many athletes and their money is indeed hard to believe. In this month alone Saints alltime leading rusher Deuce McAllister filed for bankruptcy protection for the Jackson, Miss., car dealership he owns; Panthers receiver Muhsin Muhammad put his mansion in Charlotte up for sale on eBay a month after news broke that his entertainment company was being sued by Wachovia Bank for overdue credit-card payments; and penniless former NFL running back Travis Henry was jailed for nonpayment of child support.
NPR, in their introduction to the story, said something along the lines of, "Let's just skim some money off of the athletes and use it to bail out the economy."
And, the NPR story updates the information on Travis Henry - reports are that he has had twins, so it is 11 children with 10 women. Shawn Kemp should take note.
Link: Sports Illustrated: How (and Why) Athletes Go Broke
Link: NPR: For Ex-Pro Athletes, Big Bucks Often Fleeting
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