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Originally posted by Not Bob
Instantly rich? Financially secure for the rest of your life? I dunno about this. Maybe if you're talking about, say MJ or Tiger, that's true.
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Good point. I think a much higher number than just MJ and Tiger are extremely well-off, though. Hell, Chris Dudley was making $5 mil a couple years back.
Quote:
Originally posted by Not Bob
In my oh so vast experience in dealing with athletes, I have seen that they tend to spend (or get screwed out of) much of their money, or get locked into expensive lifetyles.
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And who do you think (half the time) screws them out of this money and locks them into expensive lifestyles where any and all purses are fair game to be purchased?
Quote:
Originally posted by Not Bob
Darren Daulten? He made big bucks before he retired, yet ended up in bankruptcy. And what about all those current players who lost their "investments" managed by Tank. For every Tiki Barber who -- according to a NYT article -- budgets and plans *everything*, there are probably 4 or 5 who spend it all as fast as it comes in.
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No question. But if you're a gold-digger, you gotta be smart. You need to milk him for what he's worth when you can and get out with your cut before he wastes it all.
TM
edited to fix code. e/o