The average career of an NFL player is 4.5 years and the pension kicks in after 3 full years and pays at age 55. The pension increases each year beyond 3. Statistics are that 80% of retired NFL players are broke after 3 years of retirement Warren Sapp is a prime example in that he squandered millions with no thought whatsoever of the future. He and Percy Harvin are lacking in one of the biggest assets in life and that is being able to get along with others and having good "people skills"; thus, outside of football where their natural skills shinned, and they were catered to by family, coaches, fans, they generally have a hard time adjusting.
If the reports about Harvin grabbing a UF coach by the neck and slamming him to the ground are true, Urban Meyer did not do him any favors by failure to punish. He should have lost his scholarship, kicked out of school and the coach should have filled charges.
But, again, there are a lot of cover-ups of high profile players at all schools.
I recently read about a player (can't remember what team) that he and his wife (no children) live off of $60,000. year and he invests the rest. I believe the lowest paid player gets somewhere around $400,000. Smart man. He knows he only has a few years to amass monies for investment/retirement.
