One former Indiana Pacers center was such a good financial planner that he was featured in Bloomberg Businessweek. The magazine profiled the unheralded world-class rebounder not for his ability to grab loose balls, but because he was just as dedicated to the balance sheet.
Unfortunately, Foster isn’t the norm.
Too man professional basketball players — and all professional athletes — blow through their vast salaries and end up having little financial security to show for their years in the league.
Glenn Robinson III is one young player who doesn’t have nearly the room for error that now-broke former-All-Stars had.