Finance tagged posts

Money Can’t Buy Happiness

Brett Favre

It’s a common misconception that professional athletes such as professional football players don’t have to deal with financial strains that many average people face on a weekly basis when their paycheck comes through and the bills are sitting on the table.A recent article posted on the NFL Players Association website brought to light a situation that I never thought existed.

The average player coming into the league just out of college starts at $285,000 a year and after taxes and deductions they round that figure down to about $147,000 a year.One thing that surprises me is that many of these players are financially struggling during the off season because they only get paid 17 weeks out of a 52-week year, and stretching that money gets more and more difficult as time goes on...

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