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Pro Athletes That Went Broke

Money Management

 

After last nights draft there will be many new pro athletes. The problem is 85% of players who make it to the league go broke. This is a alarming rate. Reasons players go broke have been cited as loaning money to family and friends . Also living a lavish lifestyle. Recently point guard Michael Carter Williams publicly spoke about putting his money in a trust , and only living on endorsement money . Many players could take advice for the young guard . Check out the video ..

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