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Posts Tagged ‘How Athletes Go Broke’

Jalen Rose Speaks On How Athletes Go Broke (Video)

Ever wonder how a multi-million-dollar-earning athlete goes broke by the end of a career? Sure you have. Well, Jalen Rose knows. For real… and he puts the usual suspects on blast (above): starting that record company, creating that clothing line, giving out personal loans (that will never be repaid), having too many kids, divorce… The list got long… and Rose admitted to couple of his own dollar-draining mistakes: copping a Mansion bracelet and a Vertu phone. Nice… but not that nice. Save your money. Take heed up-and-coming millionaires.
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