Several former players from the Kansas City Chiefs joined numerous other NFL players, past and present, by participating in a business academy at the University of Michigan. Former Chiefs cornerback Brandon Flowers, running back Shaun Draughn and defensive tackle Kendall Reyes joined the group for a special five-day event that helped educate players on all aspects of financial management and how they will transition from the pros into post-NFL life.
The seminars included sessions on real estate, franchising and philanthropy management, each of which are serious issues which can cost many uneducated players a lot of money. Many NFL players have a dream of setting up a charity or non-profit in their name, but mismanagement of these endeavors or even for-profit ventures can cost players the extra capital they have.