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How Professional Athletes Lose Everything
New York Post ^ | June 14, 2015 | Maureen Callahan

Posted on 06/14/2015 11:29:02 AM PDT by nickcarraway

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To: painter

Yes.


21 posted on 06/14/2015 2:32:11 PM PDT by nickcarraway
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To: nickcarraway

All you have to do is sock away your first years’ salary and spend all the rest, and you’ll still be rich when you retire.


22 posted on 06/14/2015 2:32:23 PM PDT by dfwgator
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To: precisionshootist

You have no idea what you are talking about. The amount of time and work needed all year round to maintain the ability to perform is easily ten times the effort and mental stress that it takes to be a plumber or accountant.


23 posted on 06/14/2015 2:32:58 PM PDT by Vermont Lt
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To: nickcarraway

They say that lottery winners have close to the same percentage of people who burn through their money and go bust. And for many of the same reasons, too.


24 posted on 06/14/2015 2:46:51 PM PDT by DoodleDawg
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To: Vermont Lt
So what pro team do you "play" for? Practicing sports, acting, musicianship. No matter what the level it's not "work" it's still "play".
25 posted on 06/14/2015 2:53:39 PM PDT by precisionshootist (D)
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To: Hot Tabasco

I share your lack of sympathy. Up front money like that is a godsend for anybody who in, it invests a portion of it when he is in his 20’s. That’s because, even at 7%, it will double about five times before he turns 60. If it’s $1,000,000, that means it will become $32,000,000, more than enough to fund a really great retirement. Equally important, if the athlete does that with his first $1,000,000, he’ll hardly even notice the loss.


26 posted on 06/14/2015 2:58:30 PM PDT by libstripper
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To: Bryanw92
My daughter and I met a pro football player - not a starter, but plays quite a bit. Nice guy.

We were surprised to see him get in a newer Camarro. Nice car, but nothing out of the ordinary. Just a few weeks prior to that they had just extended his contract - one year, one million dollars. Nice to see someone with some common sense.

27 posted on 06/14/2015 3:07:19 PM PDT by 21twelve (http://www.freerepublic.com/focus/f-news/2185147/posts It is happening again.)
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To: precisionshootist

I’ve worked for several D1 colleges, closely involved with their athletes. Many of them are pro basketball players and baseball players. Schools in New England that are perennials in NCAA championships. I’ve worked around professional football and the NHL.

If you have never been around them, you can think its a game.

If you have never seen a professional football playbook, with the different defenses and audibles that could be called for any number of situations, I can understand why you think this is “play.”

I also recall Gary Player commenting when asked how his swing seemed so easy, he stated that he bled for hours and hours on the driving range.

Work is work. I am not sure how you would define it. I would suggest perfecting your mind and body to perform at the absolute peak is work, not matter how you slice it.


28 posted on 06/14/2015 3:14:30 PM PDT by Vermont Lt
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To: henkster
I remember a Freeper posting a message on here a few years ago when NY Yankees owner George Steinbrenner passed away. This Freeper's claim to fame was that he worked for a GMAC office in New York and processed a check from Steinbrenner every month for several years.

The check was the monthly lease payment for a car that belonged to Yankee centerfielder Mickey Rivers. Apparently Rivers' finances were such a mess that Steinbrenner took control of them, took away Rivers' access to his own bank accounts, and began paying all of the bills himself.

29 posted on 06/14/2015 3:23:42 PM PDT by Alberta's Child ( "It doesn't work for me. I gotta have more cowbell!")
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To: nickcarraway

That happened to Buckner because my buddy put a voodoo curse on the Red Sox from a pizza bar in Louisville KY a minute before the ball went through his legs.

We were watching the game on TV, he used a mojo bag.

I could not freakin believe it.

https://www.youtube.com/watch?v=18caPNisP2U


30 posted on 06/14/2015 3:23:57 PM PDT by Rome2000 (SMASH THE CPUSA)
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To: Vermont Lt
One can work really hard at playing a sport, acting or playing a musical instrument but that does not change the fact that the act itself is still "playing".

. You said you are not sure how to define work. That's why you are missing the boat on this. Sports is something we do for fun whether we get paid or not. It's an act that is pleasurable. So is acting or playing a musical instrument.

People don't do accounting or install roofs for leisure. It's not pleasurable, it's "work".

31 posted on 06/14/2015 3:32:45 PM PDT by precisionshootist (D)
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To: precisionshootist
People don't do accounting or install roofs for leisure. It's not pleasurable, it's "work".

This thread is not about "work ethic", it's the topic of ignorant athletes squandering their fortunes...............

Please stay focused here bro...........

32 posted on 06/14/2015 3:46:12 PM PDT by Hot Tabasco (War IS the answer! Peace activists never liberated anything or anyone....)
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To: precisionshootist

You seem to have the notion that pro athletes just tumble onto the field at game time to play a game. Or that musicians just show up at concert time and have the rest of the day to themselves.

There are thousands upon thousands of hours of numbing practice sessions to get to the pro level and also to stay there. This, I can assure you, is not fun.

Most of us would drop dead after one summertime NFL practice.

Trust me, if being a pro athlete was as easy and pleasurable as you make it out to be, a lot more of us would be doing it.


33 posted on 06/14/2015 3:54:08 PM PDT by SamAdams76
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To: Rome2000

Your buddy is Babe Ruth? Cool.


34 posted on 06/14/2015 4:18:15 PM PDT by nickcarraway
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To: Hot Tabasco
I am focused bro. The thread is about how athletes squander so much money. I said their biggest problem is they are not working for that money so they do not know the difference between work and play.
35 posted on 06/14/2015 4:18:37 PM PDT by precisionshootist (D)
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To: SamAdams76
How do you know? Have you spent hours and hours practicing?

Spending hours on the court practicing tennis or hours and hours practicing drumming does not turn tennis or drumming into work.

I can assure you

36 posted on 06/14/2015 4:22:53 PM PDT by precisionshootist (D)
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To: precisionshootist
I said their biggest problem is they are not working for that money so they do not know the difference between work and play.

Income is income no matter how you earn it. There are scores of retired athletes who have made fortunes from their sport and never squandered it. Jordan, O'Neal, Tarkenton, Bradshaw and Strahan come to mind................

What makes them any different from the fool athlete you are supporting who goes broke?

After all, it was a "game" to them too.........

37 posted on 06/14/2015 4:27:16 PM PDT by Hot Tabasco (War IS the answer! Peace activists never liberated anything or anyone....)
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To: Hot Tabasco
Exactly. Not all of them blow everything, in fact most don't. They are aware enough to know they were very fortunate to be good enough at playing a kids game to get paid doing it.
38 posted on 06/14/2015 4:40:51 PM PDT by precisionshootist (D)
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To: precisionshootist

You are being ridiculous.

And obviously you are stuck on your definition. But if do something to make a living and you spend your life preparing for it, its work to me.

I am sorry your “accounting” mind cannot comprehend that. I bet you think these athletes stop practicing the day the season ends and they don’t pick it up again until Spring training.

That simply shows ignorance.


39 posted on 06/14/2015 5:04:57 PM PDT by Vermont Lt
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To: precisionshootist
You sound like somebody who is rather bitter about the athletes who get to "play" for a living. Maybe you hate the job that you currently have and you are jealous of them?

Well you don't have to be a pro athlete or a musician to do something "fun."

Like my chinese fortune cookie sometimes says: “Choose a job you love, and you will never have to work a day in your life.”

I think Confucius said that. And there are many people out there who live what they do for a living.

40 posted on 06/14/2015 5:09:28 PM PDT by SamAdams76
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