Quote Originally Posted by Beanflicker View Post
I'm not talking about them getting their "Uncle Bob" or some promoter to look after them. There are established accounting agencies and advisers that deal with celebrities and athletes, that invest and handle money well and allow atheletes to retire and live well after their careers. Now these guys will cost more than some uncle, but at least you know you'll be taken care of. In most sports, a famous athlete going broke is the exception. In boxing it seems to be commonplace.

These guys want the 10 million dollar mansion because the 3 million dollar mansion isn't good enough. They want a fleet of expensive luxury cars. Investing money isn't as fun as buying that 4th Ferrari.

There's no excuse for it. They've seen guys like Tyson go broke after earning hundreds of millions of dollars. Get smart with your money.
Of course there's an excuse, you get guys who are broke as broke can be one minute & then flush with cash the next but you're saying they should be smart with something they've had no experience with...