On athlete’s millions
Like any other NFL players, the players of the Sand Diego Chargers now have that flashy SUV, sporty sedan, 3-storey crib with fantastic backyard, and live the life of a multi-millionaire! Same goes for NBA players with multi-million dollar contracts like Tim Duncan of the San Antonio Spurs, Kobe Bryant of the LA Lakers, Lebron James of the Cavs, and even the veteran, Eddie Jones now with the Mavs.
I consider these athletes as the luckiest men on earth in terms of job and earnings! Imagine, by just playing the sport that you love ever since you were a kid is the one that gives you millions of money!?! wOw! that is heaven! On the other hand, these athletes should learn how to handle their earnings and resources. They should be wise in spending and investing their money. They cannot just rely on their monthly salaries and disregard saving for the future. A number of athletes turned from gold to stones because of mismanagement of resources. Some got hooked with gambling and other vices and suddenly had problems with their career which eventually lead to depletion of income and resources. San Diego incorporation is just one of the many institutions serves to help people and groups manage their resources and companies. Any player who invests his money in corporations and other groups should be aware of his legal rights and obligations and other matters concerning his investment in a company. Consulting firms and other departments is truly important.
It is a nightmare for every player when by the end of his career, the only thing that’s left will be the memories of his glorious days. No money, no car, no house, no nothing.
