Посты автора admin

March 30, 2023

The Perfect Storm

Basketball Nerds (planetbasketball.de) – Edyoucore German Article Translated

Year after year, the NBA turns a handful of basketball players into multi-millionaires. At least on paper. Because the sad reality is that the millions are slipping through the hands of many players – in some cases straight to bankruptcy. The story of a perfect storm and the search for the causes.

January 11, 2023

Suddenly broke: Financial advice for sports millionaires

Click here for the original DER SPIEGEL Article When Greg Oden talks about how he used to waste his money, the former professional basketball player remembers the trunk of his first sports car. He had treated himself to the car in 2007 after hemade it into the NBA and signed a four-year contract worth around […]

February 23, 2022

The Flores FU Formula?

The benefits of having financial freedom have never been clearer than in the case of Brian Flores.

January 20, 2022

Healthcare Hoodwinking Begs Bigger Questions

Six months in the slammer is what Clinton Portis just scored himself. A former NFL running back for Washington and Denver,  the nine-year veteran was recently sentenced for the role he played in a fraud scheme that stole nearly $3 million from a health fund established to help retired players. Portis did not operate alone. […]

October 6, 2021

Scams and Schemes: 3 Athletes Who Learned the Pitfalls of Having Money

Athletes who enter the pros are likely thinking about the success ahead and the potential for money that can be made but athletic careers rarely go as smoothly as one might hope.  Too often, stories of the many ways athletes have been scammed out of hundreds of thousands, if not millions of dollars, grab the […]

September 20, 2021

Financial Role Models: 3 NBA Players Who Are Champions of Business

With so many stars in the NBA, it’s never been difficult to find role models when it comes to athleticism. But what about off the court? Here are three current and former NBA players who have won both on the court and in the world of business. Andre Iguodala  Estimated Net Worth: $50 million Andre […]

August 30, 2021

One-On-One Financial Lessons with Greg Oden at the Big3

As Ice Cube’s Big3 wound down it’s final week in Las Vegas, former NBA player Greg Oden was courtside and in the locker rooms talking to the pros about financial lessons learned during their careers. With an eye on helping younger athletes become financially literate so they can live out successful careers, Oden checked in […]

July 19, 2021

NIL: Is it a Lifeline or Losing Proposition for Student Athletes?

As both states and colleges wrestle with the implementation of NCAA rules changes that now allow student athletes to make an income from their Name, Image and Likeness (NIL), a much larger question is coming to the forefront: What role will those states – and, more importantly –the educational institutions play in equipping their student […]