Clinton Portis, great human being, contemplated murder after NFL Career

[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.

[sdskinsfan2001]

If you have 10 million bucks and put it in a 1% savings account thats 100k in interest. Way more than i make in a year and very livable.

I don't get why athletes all feel the need to invest. Sit on that shit. Or at least a huge chunk of it.

[Giantone]

Originally Posted by sdskinsfan2001

If you have 10 million bucks and put it in a 1% savings account thats 100k in interest. Way more than i make in a year and very livable.

I don't get why athletes all feel the need to invest. Sit on that shit. Or at least a huge chunk of it.

Many feel the need to help the people that help them achieve their goals,it's not hard to understand.Most professional athletes have a agent, manager,accountant,wife,kids,mother or grandmother or father they are taking care of and $100,000 grand won't cut it.Not hard to understand at all.

[sdskinsfan2001]

Originally Posted by Giantone

Many feel the need to help the people that help them achieve their goals,it's not hard to understand.Most professional athletes have a agent, manager,accountant,wife,kids,mother or grandmother or father they are taking care of and $100,000 grand won't cut it.Not hard to understand at all.

How much money are you giving these people every year? I also find it hard to understand. The 100k is just interest, doesn't even account for all the money you actually have plus future earnings that you can use for anything mentioned above without investing millions in something you have no clue about.

[Giantone]

Originally Posted by sdskinsfan2001

How much money are you giving these people every year? I also find it hard to understand. The 100k is just interest, doesn't even account for all the money you actually have plus future earnings that you can use for anything mentioned above without investing millions in something you have no clue about.

You're the one that threw out the $100,000 in post #38.