To some sports is just a hobby. To others, it is a way of life. Athletics have become a primary component of American culture, as well as other cultures throughout the entire world. It provides principles of work ethic, leadership, teamwork, and unity. For the most part, fans cant help but appreciate the blood, sweat, and tears athletes shed during competition. Spectators should value the dedication that enables elite athletes to perform at high levels. Although championships can be fun to watch, one thing both athletes and fans should understand is that sports dont last forever. Seventy-eight percent of all former NFL players and 60 percent of all retired NBA players face bankruptcy or financial hardship within five years after retirement. The reason for these horrid statistics results from a number of different factors. The most common problem retired players face is their failure to develop a plan that will promote prosperity after they have played their last game.
