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PROFESSIONAL ATHLETES MILLIONAIRES TO BANKRUPT. Discuss 3 Athletes who have Lost it all  Name  Sport  Accomplishments  Pictures  Net worth at the.

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Presentation on theme: "PROFESSIONAL ATHLETES MILLIONAIRES TO BANKRUPT. Discuss 3 Athletes who have Lost it all  Name  Sport  Accomplishments  Pictures  Net worth at the."— Presentation transcript:

1 PROFESSIONAL ATHLETES MILLIONAIRES TO BANKRUPT

2 Discuss 3 Athletes who have Lost it all  Name  Sport  Accomplishments  Pictures  Net worth at the peak of their earnings  http://msn.foxsports.com/nfl/lists/Athletes-who-went-bankrupt#photo- title=Let+the+good+times+roll&photo=31647411 http://msn.foxsports.com/nfl/lists/Athletes-who-went-bankrupt#photo- title=Let+the+good+times+roll&photo=31647411

3 Discuss Expenses  Find 3 sources (one per athlete) and discuss the following:  Why do you think they were unable to budget properly?  What did they spend their money on?  How much did they spend?  http://bleacherreport.com/articles/426785-where-did-it-go-top-10- broke-athletes http://bleacherreport.com/articles/426785-where-did-it-go-top-10- broke-athletes

4 Create a Budget for them Based on their Earnings  Discuss expenses that should be cut  Discuss better solutions for their money  Provide any advice you could from a financial standpoint

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