The 3-Year Death Spiral of NFL Contracts

You think signing a $5 million contract makes you rich? You are wrong. Let me introduce

you to the '3-Year Death Spiral.' Here is the math of the 78% who go broke.

First, Uncle Sam takes 50%. You’re left with $2.5 million.

The agent takes his cut. You’re at $2 million. Then comes the 'Entourage Tax.'

You aren't just supporting yourself; you are now the CEO of your family and friends.

You buy the mom a house, the cousin a car, the boys a night out.

These are liabilities, not assets. But here is the kill shot: The average NFL career lasts

only 3.3 years. At age 25, the checks stop coming. But the lifestyle