The attorney for the athlete then let on that his client had spent every last cent he had made for the two or three years he had been playing. The atty. also explained that's the case for many pro athletes who come into big money at an early age. They spend every last cent in a very short time and save little or nothing. No thought for the future at all.
I know a lot of people that never came into big money but did have decent jobs that did (does) the same thing; never save a dime, spend every penny they make every pay check, and borrow money to buy everything they want.