In this video, we examine the startling issue of NFL players declaring bankruptcy just a few years after retiring despite earning millions of dollars on the field. We examine the causes of this tendency, such as bad money management, careless spending, and the physical and psychological costs of playing professional football.
We explore the difficulties that come with unexpected affluence and how these athletes might better prepare themselves for life after football through expert interviews and real-world examples of players who have faced financial struggle after leaving the NFL. We also talk about possible solutions, such financial education and support programs for players, and the part the NFL and its franchises may play in this.
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Why 70% of NFL Players End Up Broke...
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