[AnotherUnixGeek]

Yup. Its far too common.

Many of these athletes were coddled all through school and college (some never cracked a book).

You can see the same thing in many lottery winners, most of whom were never coddled through anything. The real problem is that most people are never taught to manage the money they get from 9-5 jobs, let alone millions of dollars - what percentage of the population is over it's head in credit card debt? There are plenty of people willing to take advantage of the lack of that knowledge - agents, relatives and friends, people waving investment proposals.

[GeronL]

I remember seeing a show about lottery winners and one guy in Florida had bought a nice house, vehicles, statues of the Blues Brothers and other “art”. Yep, he was living the life.

A while later I saw another show about the lottery winner horror stories.... guess who was on it after losing everything??