We’ve seen too many cases of professional athletes squandering their multi-million dollar contracts not long after retirement. There’s even a great ESPN 30 for 30 documentary about how sports stars lose what seems like an unlimited bank account, but thanks to financial advisors and simply learning from the mistakes of others, pro athletes today are much more prudent with their money. Still, broke athletes aren’t a thing of the a past, and apparently one reason, according to ESPN, why pro athletes drain their accounts too quickly is that they buy too many Jordans. That’s right – ESPN thinks that one reason why players go broke is the massive collections of shoes that sit deadstock or collecting dust after one wear. It’s far down their list of items that contribute to athletes losing it all, but what do you think? Are Jordans, and sneakers in general, a cause for their financial strains?
Note: Above photo is via NBA star J.R. Smith, who is not a broke athlete.
Excerpt from ESPN:
10. Jordans
I’m talking about closets filled with just Jordans. And they are clean too. Never worn, really. Floor to ceiling. Just packed with J’s.
