Multimillion-Dollar Leaks

by , Aug 18, 2009 | 12:04 pm

Wait, you mean poker pros aren’t the only ones who go broke? Apparently not … according to Brian Cuban (Mark’s brother) 60 percent of all pro athletes go belly-up after retirement. Likewise for Hollywood-types. So much for our theories on poker players being inherently more degenerate … they’ve hardly got the market cornered when it comes to pissing money away.

Though I question Cuban’s numbers, I don’t doubt so much his concept. He will be talking about it — pro athletes specifically — on his podcast (radio show?) tomorrow at 11:15 central.


2 Comments to “Multimillion-Dollar Leaks”


  1. Kevin Mathers
    says:

    In the NFL, it’s 78% within two years:

    http://sportsillustrated.cnn.com/vault/article/magazine/MAG1153364/index.htm


  2. DanM
    says:

    Wow, wow, wow. I really had no idea the numbers were that big. I mighta guessed 28 percent. I mean how hard is it to stack a few million away for a rainy day?