Everyone Wants To Be Like Magic Johnson

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• By the time they have been retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce.
• Within five years of retirement, an estimated 60% of former NBA players are broke.

Read the long and very informative SI piece: How (and Why) Athletes Go Broke

Related posts:

1. Marc Cornstein Does Not Feel Any Magic In The Air
2. Let’s Make Some Magic Discussion
3. Building Magic Week
4. The Aftermath
5. Larry Johnson: Without Play And Without Representation