
How and Why Athletes (Still) Go Broke
from Pablo Torre Finds Out
by The Athletic
Published: Tue Jul 23 2024
Show Notes
From a college dorm room to an 18-car garage, there is no "psychological mindf**k" quite like becoming a millionaire overnight. But a supermajority of athletes continue to squander their compressed window of lottery-like earnings. On the 15th anniversary of his seminal story for Sports Illustrated, "How(and Why) Athletes Go Broke," Pablo gets an honest re-appraisal from wealth-management advisor Todd Burach — and brave testimony from Justin Pugh and Antoine Walker — on where stars really are just like us when it comes to financial literacy, haves and have-nots... and pre-nups. Plus: Magic Johnson's one simple rule for staying rich, a heat-check on the entourage bullsh*t meter and the French Bulldog Cold War brewing in NFL locker rooms.
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