How and Why Athletes (Still) Go Broke
July 23, 2024
50 min
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145 of 444
July 23, 2024
How and Why Athletes (Still) Go Broke
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Pablo Torre Finds Out Episodes Around July 23, 2024
Episode 145 of 444 — walk the feed in the order it was published.
50:00This episodeHow and Why Athletes (Still) Go Broke
Summary
<p>From a college dorm room to an 18-car garage, there is no "psychological mindf**k" quite like becoming a millionaire overnight. But a supermajority of athletes continue to squander their compressed window of lottery-like earnings. On the 15th anniversary of his seminal story for Sports Illustrated, <a href="https://vault.si.com/vault/2009/03/23/how-and-why-athletes-go-broke">"How (and Why) Athletes Go Broke,"</a> Pablo gets an honest re-appraisal from wealth-management advisor Todd Burach — and brave testimony from Justin Pugh and Antoine Walker — on where stars really are just like us when it comes to financial literacy, haves and have-nots... and pre-nups. Plus: Magic Johnson's one simple rule for staying rich, a heat-check on the entourage bullsh*t meter and the French Bulldog Cold War brewing in NFL locker rooms.</p><p> </p><hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>
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