[AnotherUnixGeek]

There was another story in the news recently about New England Pats DT Vince Wilfork’s adult son illegally selling off his Super Bowl and NCAA Championship rings. Ungrateful adult children apparently are not uncommon for former pro sports stars.

[nickcarraway]

In the last ten years, it's becoming more common for parents to steal from their professional athlete children. There are some bad cases, but the worst is the NHL's Jack Johnson. Johnson put his parents in charge of his finances. In 2014 he had already made $18+ million, and he had just signed his biggest contract.

His parents used his money to buy houses and other things in their name. But they did worse than that. He had a $30.5 million contract, and they borrowed against all his future earnings, at a usurious rate.

His mother got $15 million from doing this. He was eventually sued by creditors he didn't know he had.

He had assets of $50k, and debts of between $10 million and $15 million.

He made an agreement that the vast majority went to servicing his debt. He had a salary of $5 million that year, but he, his wife and children had to live on $246,000 a year going forward, making him the lowest payed player in the NHL.

He cut off contact with his parents, but refused to press charges. (I think that was a mistake.)

It would be interesting to see his parents interviewed.