[cardcrimson]

The 10-year decision?

Somewhere between 60% and 80% of athletes in the NBA and NFL go bankrupt within five years of retirement, despite making an average of $5.15 million and $1.9 million per season, respectively.

https://www.gq.com/story/athletes-millio...t-spending

College athletes are even younger and less experienced than pro athletes. One hopes they are smarter with their money. 

If I were in charge, I’d consider making Personal Finance a required freshman course for all students (having nothing to do with NIL).

Perhaps a "Coogan Account" of sorts for players as part of any upcoming agreement. Force 10% (or more) of their NIL and other forms of payment to go into a locked account that protects the money for a period of time. For child actors, 10% of their money go in to an account that they can't get access until they turn 18. Would like to see something similar for players. . . .

[cardcrimson]

The 10-year decision?

Somewhere between 60% and 80% of athletes in the NBA and NFL go bankrupt within five years of retirement, despite making an average of $5.15 million and $1.9 million per season, respectively.

https://www.gq.com/story/athletes-millio...t-spending

College athletes are even younger and less experienced than pro athletes. One hopes they are smarter with their money. 

If I were in charge, I’d consider making Personal Finance a required freshman course for all students (having nothing to do with NIL).

Perhaps a "Coogan Account" of sorts for players as part of any upcoming agreement. Force 10% (or more) of their NIL and other forms of payment to go into a locked account that protects the money for a period of time. For child actors, 10% of their money go in to an account that they can't get access until they turn 18. Would like to see something similar for players. . . .