How and Why Athletes Go Broke (2009)

Re:How and Why Athletes Go Broke (2009) by djrogers on Friday February 09, 2018 @01:21PM (#16342558)

> Seriously: the recruitment of minors for major league with giant cash benefits should require them to sign a consent form for arms-length management of their capital for some time period, and give them the income stream not the capital.

First of all, these are not minors - they are over 18. Secondly who the heck are you to decide that you should be in charge of what they can and can't do with their money?

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Re:How and Why Athletes Go Broke (2009) by jdmichal on Friday February 09, 2018 @01:27PM (#16342599)

It's also very uncommon for NFL recruits to go straight from high school without passing through college. Which would put them at closer to 21 than 18.

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Re:How and Why Athletes Go Broke (2009) by jpindar on Friday February 09, 2018 @01:47PM (#16342815)

NFL players are required to be at least three years out of high school.

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Re:How and Why Athletes Go Broke (2009) by jdmichal on Friday February 09, 2018 @01:55PM (#16342890)

Ah. I knew I hadn't heard of one recently, but did not know about this specific rule. Thanks for the info.

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