Winning the Money Game: Lessons Learned from the Financial Fouls of Pro Athletes - Softcover

Foyle, Adonal

Softcover

ISBN 10: 0062342606 ISBN 13: 9780062342607

Publisher: Amistad, 2015

Synopsis

A successful NBA veteran offers essential financial management advice for athletes, their families, and the fans to help them protect and keep their wealth.

Over his sixteen-year career, former NBA center Adonal Foyle has watched other pros burn through their salaries, endorsement, and merchandising money, creating serious financial and legal hardships. While top professional athletes make millions, many have little in their bank accounts soon after hanging up their jerseys. Sixty percent of NBA players are broke within five years of retirement. Nearly eighty percent of NFL players are strapped within two years of retirement.

Winning the Money Game offers much needed advice and insight to help these players—and the rest of us—manage money better. Drawing on experiences from his career, as well as interviews with current and retired athletes and financial pros, Foyle compiles a comprehensive list of money pitfalls as well as practical approaches to avoid them. In his straightforward, warm, and humorous voice, he breaks down expenses point by point, from taxes to luxury goods to family needs, outlining essential dos and don’ts to help you spend, save, and grow your money wisely.

Smart, concise, and packed with proven advice, Winning the Money Game is a life guide for pros—and everyone who wants to protect their wealth.

About this title

From the Back Cover

Former NBA center Adonal Foyle has seen athletes burn through millions on women, large entourages, family gifts, gambling debts—even shark tanks! Such spending habits are partly responsible for 60 percent of NBA players going broke within five years of retirement and nearly 80 perfect of NFL players being strapped within two.

Rich with anecdotes from a sports insider, Winning the Money Game shows you how to avoid the financial fouls of athletes. Foyle gives you the straight, offering guidance on a wide range of money matters, from taxes to alimony, from child support to medical bills, and so much more. He beaks down expenses point by point, illustrating the difference between luxury items and family needs, and lays out the essential dos and don'ts to help you spend, save, and grow your money wisely.

About the Author

NBA veteran Adonal Foyle played for the Golden State Warriors and Orlando Magic. He also served as the Orlando Magic’s director of player development. He has a master’s degree in sport psychology from John F. Kennedy University.

Edition details

• Publisher: Amistad
• Publication date: 2015
• ISBN 10: 0062342606
• ISBN 13: 9780062342607
• Binding: Paperback
• Language: English
• Number of pages: 224