Quote:
Originally Posted by Flashpoint
If the "30 for 30" episode "Broke" is any indication it's well above 50%. In 2009 Sports Illustrated did a study of how many players were broke 2 years after retirement.
78% for NFL
60% for NBA
NHL probably isn't quite that bad, but yeah... 20 somethings with millions isn't a sound financial plan.
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That NBA figure is absolutely terrible when you consider how small their roster sizes are. The NFL stat has to be taken with a grain of salt as the average career length is only 3 years and the roster sizes are large (46 not including practice roster). You have a very large portion of the league making league min and out of the NFL in a very short amount of time.