> That just sounds like you're saying the "average" person in all those professions are bad at personal finance. Maybe that's a reflection of society at large.
It is, but it's also a reflection of the business of professional sports in America and where most professional athletes come from. Most professional athletes don't come out of a positive financial environment, they mostly come from poor upbringings and neither through family or the education system are they taught basic financial literacy. Professional athletes in the US suffer the same exact problems as lottery winners, for pretty much exactly the same reason.
It is, but it's also a reflection of the business of professional sports in America and where most professional athletes come from. Most professional athletes don't come out of a positive financial environment, they mostly come from poor upbringings and neither through family or the education system are they taught basic financial literacy. Professional athletes in the US suffer the same exact problems as lottery winners, for pretty much exactly the same reason.