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re: Former Alabama Crimson Tide players under Nick Saban have gone on to earn $1.94 billion.
Posted on 1/17/24 at 8:32 pm to DawgsLife
Posted on 1/17/24 at 8:32 pm to DawgsLife
I remember reading that Gilbert Arenas had spent his entire rookie salary before his draft. It’s absurd how some of these cats spend their money literally faster than they bring it in. An injury could have put him right back where he was.
Posted on 1/18/24 at 10:29 am to RBWilliams8
quote:
I remember reading that Gilbert Arenas had spent his entire rookie salary before his draft. It’s absurd how some of these cats spend their money literally faster than they bring it in. An injury could have put him right back where he was.
Exactly. When you are young and have never faced injuries or serious illness you think it will continue forever, while you are actually a play away from a blown knee.
They should invest heavily and live modestly in the early years, and loosen the purse strings a bit later, while investing and saving early. One problem they also have are hanger ons that want their money. The hangers on want their rich "friends" to pay everything for them and take care of them. And then they have to find an honest money advisor. There are way too many people out there who are way too eager to separate them from their money.
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