> 70% of professional athletes in the US have financial hardships shortly after they retire. (1) 70%!!! The article’s way off. It’s somewhat correct for why ri

> 70% of professional athletes in the US have financial hardships shortly after they retire. (1) 70%!!! The article’s way off. It’s somewhat correct for why rich superstar athletes go broke after retirement. But the reality is that this shouldn’t be surprising because at least 70% of professional athletes make almost no money, retire very young (not by their choice), and have few transferable skills. There’s 5,000 minor league baseball players alone who (except for a few) are essentially broke. And the average NFL career is over by the time the player is 25. For every Antoine Walker who blows through $50 million, there’s 1,000 27-year olds with chronic injuries, maybe an opiate addiction, and not much in the way of job prospects.