The Business Of Basketball—Celebrating The Savviest NBA Players In The League

Essence Magazine:

By Jasmine Browley ·Updated July 28, 2022

You have to be tough to make it to the league. You have to be even tougher to make it outside of the league.

It’s been reported that about 60 percent of former NBA players go broke within five years of retirement. This can be attributed to players funneling money into bad investments, bankrolling the lifestyles of those around them (mostly extended

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