Unfortunately, athletes have an accurate reputation for going broke.
According to a study by Sports Illustrated years ago, 60% of NBA players go bankrupt 5 years after leaving their sport, 35% for NFL players.
There’s a lot of ways this happens. Bad investments/ stealing, “taking care” of friends and family, and most of all, buying unnecessary extravagant items.
Dwayne Haskins, 22-years-old, didn’t grow up with much money. Therefore, he wanted to treat himself once he earned his first million dollars.