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Most NBA players are scouted from very early on (AAU), then to college for 1 year, then to NBA. They do not get a chance to learn about how to manage money (com
by nh 15y ago
Most NBA players are scouted from very early on (AAU), then to college for 1 year, then to NBA. They do not get a chance to learn about how to manage money (compared to a regular joe: summer job, internship, etc..).
Most of the inner city kids have a distrust of "the system" or "the man". Therefore, they would never trust their income to a players assoc.
Whats should be done is to establish a class on How to Manage Your Money 101 by the league/PA.
Here is a article from SI on 'How Athletes go Broke'
http://sportsillustrated.cnn.com/vault/article/magazine/MAG1153364 http://sportsillustrated.cnn.com/vault/article/magazine/MAG1...
- smallblacksun 15y agoThe NBAPA has had a Rookie Transition program which deals in large part with money management for the last 25 years. The NFLPA has a similar Rookie Symposium.
- Rariel 15y ago"Most NBA players are scouted from very early on (AAU), then to college for 1 year, then to NBA." This is completely untrue. Players that go to the NBA one year out of college are the exception and not the rule.
- nh 15y ago>This is completely untrue. Players that go to the NBA one year out of college are the exception and not the rule. This years first top 10 picks: 4 Freshman 3 Internation players (ages 18, 19, 21) 1 Sophmore 1 Junior 1 Senior If you are any good or hyped, you are draft in the first year..
- deleted 15y ago[deleted]