i have a nfl theory on that one too like the playoffs. yes, the nfl and nba do, but the players keep going under within 10yrs. nfl owners provide their financial officers via those schools they set up, and the advisors have players invest in dummy companies setup by the owners. hence, the owners over time recoup most of those mega-contracts. there is no other way that money guys fuck off all those millions with so called advisers given to them by the nfl and nba trust.
of course guys like jordan, willie gault, magic, etc, etc, etc pass on the advisers and meet their own in the real world.
I think you are right. I remember an article in the Washington Post Sunday Magazine on Jordan. This was back in HS (there was one on Kevin Levrone as well).
It talked about his agent, who was a big time agent, but he was very savvy with money, and Joran and him meshed...
Now Jordan has a flourishing Motorcycling racing team, I believe he still has his dealership and other ventures...
These dudes get huge contracts right out the gates, poor financial advice, big eyes, and all the other trappings. It's a recipe for disaster, especially when you didn't have a father figure, or witness your parents saving money (or in my father's case, being cheaper than a hobo).
So, something doesn't add up, I think there needs to be an investigation into these "financial advisors" and where the money actually goes.