10-15-2010, 09:42 AM
Despite the amazing contracts many athletes end up bankrupt shortly after their careers are over. Â The expenditures keep racing out at the glory year pace, but the income sources dry up quite suddenly.
Elway has enough resources to park $15 million in an individual investment opportunity. Â You can\'t really do that, if you don\'t have the assets. Â So, I think that means he is doing just fine.
Based on the article, I think he has a decent chance of keeping his investment out of the Ponzi scheme allocations. Â But either way, you don\'t allocate money to a niche investment firm without some understanding that you might lose the entire investment.
Played at Stanford, won Super Bowls, started successful multi-million dollar Colorado businesses, raised a child that went to Stanford and plays D-1 sports.
I suspect most people on this board would agree that seems like quite a successful life to date.
Elway has enough resources to park $15 million in an individual investment opportunity. Â You can\'t really do that, if you don\'t have the assets. Â So, I think that means he is doing just fine.
Based on the article, I think he has a decent chance of keeping his investment out of the Ponzi scheme allocations. Â But either way, you don\'t allocate money to a niche investment firm without some understanding that you might lose the entire investment.
Played at Stanford, won Super Bowls, started successful multi-million dollar Colorado businesses, raised a child that went to Stanford and plays D-1 sports.
I suspect most people on this board would agree that seems like quite a successful life to date.

