Fansided · Feb 3, 2018
Suns hosted 2,500 local kids for Futuresmart Challenge
Athletes coming from very poor backgrounds, striking it rich, yet somehow spending themselves back to broke by the end of their careers is a common problem in the world of professional sports.
It is a very sad cycle of events for those athletes who worked so hard to reach their level of financial prowess, only to lack an understanding of how to retain their economic security and spread their wealth throughout their entire lifetime.
Often today professional leagues run seminars for rookies to discuss the pitfalls of suddenly striking it rich playing a game, and educate them on how to maintain their vast wealth while still living a less than prudent lifestyle.