Portis Was Ready To Murder Financial Advisor

It's crazy how many NFL players get duped by these shady financial advisors and end up broke.  Millions upon millions gone.  

I'm glad he is picking up the pieces of his life and finding a purpose.  Too often something like this ends even worse.

Even if the money had disappeared, she told him, the people who truly loved him wouldn’t. She begged him to turn his car around and go home to his mother in Gainesville, visit loved ones in Charlotte, see some friends in Miami. If he didn’t, his four boys would know him not as a charismatic former-NFL-star-turned-carpool-driver but as the man on the other side of a glass prison partition. “You’ve already lost,” his friend told him, “but the loss you would sustain would be greater.”

If only the NFLPA gave a sh it, there union is the worst in sports.

Well, they do benefit from Cris Carter's sage advise...

There was an ESPN 30 for 30 titled "Broke" about this happening to pro athletes.  Between the crooked "advisors", family freeloaders and women trying to use them as procreation lottery tickets, they've got a bullseye on their backs from the moment they sign.  

I don't really understand how this is still a problem.  You think the NFLPA would have created a black list for financial advisors, and told everyone, "These guys are bunch of crooks and will steal your money"  Even better would be to create a small group of financially wise ex players, and have them manage the players money, where they create a trust or something, put all the money in an index fund and only let them get a percentage of the money annually, such that it keeps growing.

Imagine having millions of dollars being put in your hands and you're not financially savvy enough to open a checking account.

The NFLPA definitely needs to do more but these guys are adults...

@"BarrNone55" said: Well, they do benefit from Cris Carter's sage advise...

@"StickyBun" said:

@"BarrNone55" said: Well, they do benefit from Cris Carter's sage advise...

Word. Portis needed to line up a 'fall guy' to take the murder rap. Poor planning.

  @"Bolstad79" said: If only the NFLPA gave a sh it, there union is the worst in sports.

"He’d entrusted millions on the word of men he had reason to believe in—both Rubin and Brahmbhatt were registered financial advisers with the NFL Players Association, after all."
That's all you need to know about how crappy their union is.  :/

@"BarrNone55" said: https://www.si.com/nfl/2017/06/28/clinton-portis-financial-ruin-where-are-they-now

Wonder which persona had the gun...

It may come to a point where half the salary of a football player for the first 5 years is put into a tax free shelter that is some kind of super safe investment vehicle.  Then that money can only be accessed after they retire.