commyderm2 Posted June 26, 2010 Share Posted June 26, 2010 Mark Brunell's a supersmart guy, He'll bounce back.. Link to comment Share on other sites More sharing options...
GSF Posted June 26, 2010 Share Posted June 26, 2010 Lol at you dingbats that think Brunell is broke now. Link to comment Share on other sites More sharing options...
dizzinator53 Posted June 26, 2010 Share Posted June 26, 2010 Why would he ever get a creditor? Stupid. Just bank it! Link to comment Share on other sites More sharing options...
polywog999 Posted June 26, 2010 Share Posted June 26, 2010 Anyone wanna argue this point?....huh? No. once the dumb-ass card is dealt, there is nothing I can add. Link to comment Share on other sites More sharing options...
MarkB452 Posted June 26, 2010 Share Posted June 26, 2010 This article offers some details into the financial trouble - it looks like he got slammed by the downturn in the real estate market. He was part of a partnership called Champions LLC with ex-Jaguars Joel Smeenge and Todd Fordham that defaulted on a loan for a real estate project in Jacksonville Beach. He also invested in real estate projects that failed Traverse City and Grand Rapids, Michigan. Real Estate deals nearly bankrupted Joe Gibbs as well. If you don't believe me, read his book titled: "4th and 1". Link to comment Share on other sites More sharing options...
Master Blaster Posted June 26, 2010 Share Posted June 26, 2010 Lol at you dingbats that think Brunell is broke now. This. Why would he ever get a creditor? Stupid. Just bank it! Proof of why you don't run businesses. Real Estate deals nearly bankrupted Joe Gibbs as well. If you don't believe me, read his book titled: "4th and 1". Haha. What a dumbass. Link to comment Share on other sites More sharing options...
polywog999 Posted June 26, 2010 Share Posted June 26, 2010 Real Estate deals nearly bankrupted Joe Gibbs as well. If you don't believe me, read his book titled: "4th and 1". Gibbs was very blessed during this time. Lots of people had his back. It would not have ended so well otherwise. Link to comment Share on other sites More sharing options...
HA1LV1CT0RY Posted June 26, 2010 Share Posted June 26, 2010 When it comes to professional athletes, the numbers are staggering: ♦ 60% of National Basketball Association players are broke within five years after leaving the game. ♦ More than 75% of National Football League players are penniless within two years after retirement. ♦ Nearly 80% of former pros go through divorce. Link to comment Share on other sites More sharing options...
Johns Bass Posted June 26, 2010 Share Posted June 26, 2010 When it comes to professional athletes, the numbers are staggering:♦ 60% of National Basketball Association players are broke within five years after leaving the game. ♦ More than 75% of National Football League players are penniless within two years after retirement. ♦ Nearly 80% of former pros go through divorce. Pretty eye opening statistics. Are not these people college graduates? Maybe they should invest the money themselves versus leaving it up to the specialists... Any athlete that wants to be a po should be a Business Major at least. As far as the divorce statistics go - OK, here comes the abuse in my general direction - at least a certain percentage of these come from gold diggers - why else would they wait until they were former pro's? Do you still happen to have the links for these? Link to comment Share on other sites More sharing options...
fm76 Posted June 26, 2010 Share Posted June 26, 2010 I feel bad for the poor guy, i have a fold out bed in my garage he can use:eaglesuck till he get's back on his feet. Link to comment Share on other sites More sharing options...
HA1LV1CT0RY Posted June 26, 2010 Share Posted June 26, 2010 Pretty eye opening statistics. Are not these people college graduates? Maybe they should invest the money themselves versus leaving it up to the specialists...Any athlete that wants to be a po should be a Business Major at least. As far as the divorce statistics go - OK, here comes the abuse in my general direction - at least a certain percentage of these come from gold diggers - why else would they wait until they were former pro's? Do you still happen to have the links for these? http://www.greenbaypressgazette.com/article/20100526/PKR07/100526149/Mike-Vandermause-column-Athletes-advised-to-consider-life-after-the-game Link to comment Share on other sites More sharing options...
Johns Bass Posted June 26, 2010 Share Posted June 26, 2010 http://www.greenbaypressgazette.com/article/20100526/PKR07/100526149/Mike-Vandermause-column-Athletes-advised-to-consider-life-after-the-game Thanx. I have to wonder how many teams are really that proactive about getting their players a life after football. Link to comment Share on other sites More sharing options...
HA1LV1CT0RY Posted June 26, 2010 Share Posted June 26, 2010 Thanx. I have to wonder how many teams are really that proactive about getting their players a life after football. No problem. Yeah, you would think with stats like that they would be doing a bit more. Link to comment Share on other sites More sharing options...
TheDoyler23 Posted June 26, 2010 Share Posted June 26, 2010 When it comes to professional athletes, the numbers are staggering:♦ 60% of National Basketball Association players are broke within five years after leaving the game. ♦ More than 75% of National Football League players are penniless within two years after retirement. ♦ Nearly 80% of former pros go through divorce. You'd think the players unions for these leagues would come up with some kind of savings programs. Maybe mandate that they save a certain percentage per year in a trust or something? Amazing how players can't just keep their cash in their back pocket and live their lives. Link to comment Share on other sites More sharing options...
WSHRedskins3ATLBraves3 Posted June 26, 2010 Share Posted June 26, 2010 Real Estate deals nearly bankrupted Joe Gibbs as well. If you don't believe me, read his book titled: "4th and 1". Very good book. Link to comment Share on other sites More sharing options...
Southtown Posted June 26, 2010 Share Posted June 26, 2010 ♦ More than 75% of National Football League players are penniless within two years after retirement. This stat has to be an exaggeration by the author of that article. He does not provide his source either. Maybe he's including players that were on the practice squad for 10 minutes? Even so, "penniless"? I just don't see how 39 members of a 53 man roster will be flat broke in just two years after retirement. Not possible. Some will be broke, but nowhere near 75%. Edit: A google search finds an SI article that phrases the stat a little better: ---------------------------------- "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." ---------------------------------- I don't think financial stress is the same as penniless. Link to comment Share on other sites More sharing options...
Gibbs Hog Heaven Posted June 26, 2010 Share Posted June 26, 2010 Sorry to hear that as Scott was always a stand-up dude. But seriously, a pro-player on those earnings losing it all? I don't care the circumstance, that's scandalous beyond belief. Hail. Link to comment Share on other sites More sharing options...
Master Blaster Posted June 26, 2010 Share Posted June 26, 2010 I don't think financial stress is the same as penniless. Nor does bankruptcy=penniless. Guess you can't expect someone with a degree in communications to understand that though. But seriously, a pro-player on those earnings losing it all? I don't care the circumstance, that's scandalous beyond belief. :triple facepalm: I tried, I really did. Link to comment Share on other sites More sharing options...
Ned Flanders Posted June 26, 2010 Share Posted June 26, 2010 Sucks to be in that situation; especially a stand up guy like Brunell. I have a feeling he'll be OK, and able to feed the wife and kids. Mark could also replace a friggin idiot like Cris Carter and make some bucks......he has a bright future......quarterback coach maybe........lots of opportunities after the NFL Link to comment Share on other sites More sharing options...
lavarisgone Posted June 27, 2010 Share Posted June 27, 2010 I don't understand why people that make so much money, need to invest money to make more?(I can understand investing 10% of income) Just live off what you made, save a little for your kids and be happy.It's not like he became a multi millionaire because he was a business genius. Link to comment Share on other sites More sharing options...
TheDane Posted June 27, 2010 Share Posted June 27, 2010 This is an excellent example of people completely missing the truth because they read a headline. Brunell will be richer than all of us (I'm guessing) when he's 100 years old, God willing he makes it to that old. Link to comment Share on other sites More sharing options...
psu2008 Posted June 27, 2010 Share Posted June 27, 2010 No sympathy for him. I can only dream of making 1/10th of that much money. Link to comment Share on other sites More sharing options...
Tastes Like Chicken Posted June 27, 2010 Share Posted June 27, 2010 I blame Brunell. [sorry, old habits die hard] Link to comment Share on other sites More sharing options...
redskins55 Posted June 27, 2010 Share Posted June 27, 2010 I was wondering why Brunell was still playing football after being relegated to a backup. Brunell is a great guy and does alot for the community in Jacksonville. I feel bad that he must file bankruptcy but I know he's far from broke. If multi million dollar corporate executives can file bankruptcy to save their millions so can football players. They dont make nearly as much as wall street execs. Link to comment Share on other sites More sharing options...
Mercuryrising Posted June 27, 2010 Share Posted June 27, 2010 Nor does bankruptcy=penniless.Guess you can't expect someone with a degree in communications to understand that though. :triple facepalm: I tried, I really did. Just tell it like it is, when a rich guy or Corporation files bankruptcy it is a smart tactical move to protect their wealth (at the expense of their creditors and investors), but when a working guy does the same exact thing, it is immoral and means he is a broke deadbeat.... Link to comment Share on other sites More sharing options...
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