[Giantone]

Originally Posted by Schneed10

But there's a major difference between Gibbs and Portis, and you know it. Portis exposed his money to major downside risk after he was done playing. Meaning the golden goose was dead, he couldn't go back to the NFL to earn another big pay day, his prime was gone. He had a nest egg built up, and no significant skills to fall back on. Yet still exposed his money to great risk.

Gibbs was not in that position - as a coach he always knew he could get another head coaching job when he wanted. And proved it, by the way.

But I hear your point - the background matters. His lack of foresight here points to a) few strong role models in his life who showed him how to think critically and b) a straight up lack of intelligence that hampered his ability to do so independently. But at the same time, Portis went to college. He got tutored so he could stay eligible. He's been exposed to some smart people and no doubt has gotten strong guidance along the way, including advice made available through the NFL and NFLPA. Given those resources available to him I have a hard time understanding how he let this happen to him.

As Matty said people from all different walks of life have made mistakes with money.You make it sound like just becuase he went to college he should have known better and I must correct you.I know a Rhodes scholar that went bankrupt.Wall street is full of dead bodies of people that should have known better what to do with their own money.