
Originally Posted by
Dogsince65
Amen. I have worked with several NFL players who recieved 8 figure contracts and the way money disappears is incredible. Agents are , by nature , agressive and the last person who should handle a clients money. My capacity was helping set up trusts and estate planning ( working with cpas, attorneys and reputable financial advisors. ) Agents ,as everyone know, get a percentage PLUS expensese--thats where they rack up. If they get involved with handling the money, pet projects get financed with high commissions. Most are broke by age 30, if they last that long. I wish I could give specific examples but obvious privacy issues prevent that--