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'Broke' Film: How Athletes Lose it All

It almost seem like it would take hard work to bring in a professional athlete's salary for years and then lose it all. Yet, it happens enough that ESPN Films has dedicated an entire project to it. A feature-length documentary showing at the Tribeca film festival next week will shed some light on why, according to a 2009 Sports Illustrated article, 60 percent of NBA players and 78 percent of NFL players are broke within five years of retirement.
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The 12 Most Outrageous Quotes From ESPN's Documentary On Athletes Going Broke

Sports : Business Insider: Sports Page (9 months ago)

ESPN debuted the latest installment of their incredible "30 for 30" series, with "Broke," a look at how millionaire athletes end up losing all their money. Many of the stories we have heard before (lavish spending, child support, fa... Read Post

How 20 Professional Athletes Went Flat Broke

Sports : Business Insider: Sports Page (8 months ago)

ESPN's "Broke" documentary about bankrupt professional athletes really struck a nerve with players this week. It revealed how cars, girls, bad investments, and sly financial advisors can leave athletes with nothing after a long play... Read Post

ESPN's Documentary About Athletes Going Broke Scared The Crap Out Of A Bunch Of Current Players

Sports : Business Insider: Sports Page (9 months ago)

The ESPN 30 For 30 documentary "Broke" struck a nerve among athletes when it aired last night. The movie explains how and why athletes manage to lose tens of millions of dollars in the space of a few years, and uses heartbreaking ac... Read Post


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