When you see how much money professional athletes make over the course of their careers its rather disturbing to hear when they manage to blow through the money they make in just a short period of time. However is it that simple to think that they are just wasting money? It’s not as simple as that. They certainly have more money to spend, but even if they embellish a little more than the norm they still cannot use up all the money, there has to be more than what we are led to believe. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business’ Varney & Company to help understand what exactly happens in cases like this where a former professional athlete like Vince Young goes through $26 million dollars in a couple of years or so it would seem.
Shared via Former Titans QB Reportedly Blew Through $24M.