I really think the first thing a pro-athlete should do is buy a time-lock safe, have 1/4 of your paychecks deposited, and put a "five years after retirement" lock on it....or just hire some financial advisors that don't suck...
Either way, we once again find ourselves with a story about a once-millionaire athlete claiming to be 'broke' and unable to pay child support and alimony. This time it's HOFer Dennis Rodman and attorney's claiming he is 800k behind in payments...
http://sports.yahoo.com/blogs/nba-ball-dont-lie/broke-sick-dennis-rodman-way-behind-child-support-184114367.html
a couple things with this story:
a. I really am not sympathetic for anyone going broke after making $9 million dollars in one year...no matter how "diminished" his salary was after or before that.
b. I find it ridiculous that you have to support your ex's "living expenses" when they reach $17,000 per month. Ya, I realize that's how you once lived, and that it was supported by the hubby, but it's not like your old job has to continue giving you a paycheck if you quit or are fired so that you don't have to move out of your mansion...I don't feel like it's Dennis Rodman's fault that you can't support the way you want to live...at least to that extent. No wonder a prenup is the new "popping the question."
c. STOP HAVING SO MANY KIDS WITH SO MANY PEOPLE.
d. Don't get married three (or more) times.
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