I was reading through some news yesterday and I came to this report about Allen Iverson’s financial woes. After reading through this, it wasn’t something that shocked me at all.
In fact, it is so common that athletes have financial issues that none of this is surprising. But despite all that, I have friends who keep telling me that the athletes are dumb for losing all the money.
But it’s not that easy. Realistically, the problem lies within the system that professional athletes are never taught how to handle so much money.