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| financial planning for athletes: New Money Phillip Buchanon, 2015-03-31 Most pro football players are terrible money managers. Sure, we earn plenty, but, generally speaking, we don't know how to keep it. I almost went broke and became a negative statistic. Life after football is not easy. I had to re-invent myself as I navigated the playbook of life beyond sports. New money is like a newborn baby: it doesn't come with an instruction manual. You better learn how to deal with it, fast! Although they have a fiduciary duty, financial advisors should not care more about your money than you care about your money. And yes, your fun friends and family will view you as an endless ATM. Trust me, they will plead poverty and expect you to bail them out of their self-imposed financial emergencies. This book helps you understand the difference between I truly need it and I'd really like it when dealing with those closest to you. New Money will help you understand when you're being an enabler or administering appropriate tough love. New Money: Staying Rich dispenses valuable advice, told through first-hand experiences, to aspiring professional athletes, entrepreneurs and anyone fortunate enough to be the beneficiary of rapid wealth. Learn from my errors; don't make the same mistakes I did. Have fun reading the entertaining and enlightening stones in the book, and learn how to live a sustainable life as a New Money Millionaire! Book jacket. |
| financial planning for athletes: Not Another Broke Athlete Don Padilla, Shkira Singh, 2018-02-27 This book is for any athlete or business owners wanting a better future. |
| financial planning for athletes: Not Another Broke Athlete Don Padilla, Shkira Singh, 2018-02-27 NOW! Right now, is the time to be accountable and responsible for where you are financially, and more importantly, spiritually and mentally. Not Another Broke Athlete is a spiritual awakening not only for athletes, but all human beings that want to break the “chains” of a poverty or scarcity mindset. Whether it’s passed down from one’s parents, grandparents, or great grandparents that have lived through bondages, holocausts, genocides, depressions, and or recessions: if they aren’t aware then they will continue living in these vicious cycles, even if they are “rich” financially, which can lead to a “poor” unfulfilled life. Don Padilla’s experience of going from getting kicked out of his home, being broke, almost bankrupt twice, near divorce and becoming a millionaire: and insights from Shkira Singh, Dr. James Verbrugge, James Malinchak, Oscar De La Hoya, Aaron Boone, Jacob Cruz, Dana Hammonds, David Meltzer, Joe Theismann, Warren Moon, Dr. Pat Allen, Dr. Mamiko Odegard and others, will provide the tools to break these cycles of a poverty or a scarcity mindset and lead you to a path to grow and protect your legacy. “Leave the toy buying for the kids—no need to buy excess, or the unnecessary.” —Oscar De La Hoya, World Champion and founder of Golden Boy Promotions |
| financial planning for athletes: The Sudden Wealth Solution: 12 Principles to Transform Sudden Wealth Into Lasting Wealth Robert Pagliarini, 2015-04-28 Robert's book is the Bible of sudden wealth. So read it now! MARY BUFFETT, New York Times bestselling author of Buffettology Up to 90% of sudden wealth is lost according to research. Why? What makes sudden wealth so different and so fleeting for so many people? And more importantly, how can you avoid the unforeseen dangers and mistakes even the most money-smart and sophisticated people often make? Sudden wealth is a roller coaster ride of emotions from the highest highs to the lowest lows. Sudden wealth is often portrayed as creating dire consequences for its recipients, but it can be an amazing opportunity that improves your life and those around you. I ve worked with enough sudden wealth clients over the years to see patterns what works and what doesn t. With proper guidance and a willingness to stick to the 12 Principles outlined in this book, you can avoid the common pitfalls that so often destroy money, and instead transform your sudden wealth into lasting wealth to create a better life for yourself and others. Here are just a few things you ll learn in The Sudden Wealth Solution: What does sudden wealth and surviving a disaster have in common? This one idea can help protect your money for generations. Learn about the three sudden wealth stages and what they mean. Never be caught off guard again. Learn just one sentence for when someone asks you for a loan or to invest in a project. Should you avoid making decisions after getting your sudden wealth? No. Doing so could cost you millions and be disastrous. Discover the decisions you are safe to make and those you must not make right after getting your windfall. Learn what time of day you should schedule phone calls and meetings with your advisors. Learn an effective and step-by-step method to choose the right attorney, CPA, and financial advisor for you. Read about the 8 key rules you can use to evaluate every financial advisor you interview. What's a Driver vs. a Passenger? You'll understand how this can help you make the important decisions. Overwhelmed and not sure what to do? Learn how to relax and start making progress. You might be surprised about the places you shouldn't look for an advisor. Certain money beliefs can make it nearly impossible to create lasting wealth. Learn which money beliefs you have and how to reset them. What to communicate immediately to friends and family after receiving sudden wealth. Copy a short note from the book that you can email to friends and family that puts you in control. Does it ever make sense to stretch the truth? You'll read why it just might. |
| financial planning for athletes: Money Players Marc Isenberg, 2007-01 Money Players is a comprehensive playbook to help current and prospective professional athletes maximize their financial opportunities, retire wealthy, and avoid mistakes that shorten or terminate careers. Includes information on NCAA rules, preparing for the draft, selecting the right agent, players associations, savings and investment basics, dealing with the media and fans, and preparing for post-playing opportunities. With powerful messages from pro athletes, business executives and sports media. Sporting News senior writer Mike DeCourcy says of Money Players: There is so much wisdom in this book it should be handed to every major college basketball or football player in exchange for signing a letter of intent. It is direct, honest and beautifully organized. There is sound advice about how to handle money, how to recognize trouble and how to avoid relying on people who place their own interests first'¿¿and it does not just come from Marc Isenberg, but from sports veterans on all sides of the table. |
| financial planning for athletes: Her Money Matters Jen Hemphill, 2018-02-08 Personal finance from a different perspective - looking at the missing pieces and mindset issues that cause us to take actions the derail our finances. |
| financial planning for athletes: All Your Worth Elizabeth Warren, Amelia Warren Tyagi, 2006-01-09 The bestselling mother/daughter coauthors of The Two-Income Trap now pen an essential guide to the five simple keys to lasting financial peace. |
| financial planning for athletes: ASSET DEDICATION Stephen J. Huxley, J Brent Burns, 2004-10-22 The first book to close the perilous gaps in—and enhance the performance of—asset allocation Asset allocation is one of today’s bestknown investment approaches. Problem is, its major precept—that a magic-number, fixed-percentage asset mix will provide superior results for investors who have dramatically different goals and needs—is scientifically unproven and fundamentally flawed. Asset Dedication updates the asset allocation model, outlining a seven-step process designed to more effectively meet the real needs of real investors. Showing investors how to design low-risk portfolios that more accurately and successfully dedicate assets, this breakthrough book helps investors fill in the gaps inherent to asset allocation by demonstrating: Techniques for ascertaining the best asset mix by determining individual needs and goals How asset dedication provides superior protection against inflation and market risk Investing strategies for the three investment life phases—accumulation, distribution, and transfer |
| financial planning for athletes: It's Good to Be Gronk Rob "Gronk" Gronkowski, Jason Rosenhaus, 2017-06-13 NFL player Rob Gronkowski takes fans from the field to the locker room to the VIP room to the talk show green room to his parents' kitchen table--a full tour of the world according to Gronk--Amazon.com. |
| financial planning for athletes: An Athlete’s Guide to Agents Robert Ruxin, 2010 Student athletes need to begin thinking about the agent selection process much earlier than their senior year of college. The understanding of what an agent does, why they are paid, and what should go into their selection should begin early in an athletes life. An Athletes Guide to Agents, Fifth Edition is designed to better prepare athletes and their families to screen, select, and work with an agent. It teaches families about the importance of sports agents and allows athletes and their families to be active participants instead of handing all power away to a sports agent upon signing an agency contract. |
| financial planning for athletes: Principles and Practice of Sport Management Lisa Masteralexis, Carol A. Barr, Mary Hums, 2011-03-31 From the basic knowledge and skill sets of a sport manager to the current trends and issues in the sport management industry, this best-selling text provides the foundation for students as they study and prepare for a variety of sport management careers. The authors, all well-known sport industry professionals, show students how to apply their new knowledge and skills to any segment in the sport industry from high school to the international arena. The Fourth Edition continues to offer historical perspectives as well as thoughts about current and future industry issues and trends. It has, however, undergone substantial content updates in every chapter, including the inclusion of new developments or managerial approaches happening in the sport world, as well as the addition of new chapters on new media in sport and club management. |
| financial planning for athletes: Principles and Practice of Sport Management Lisa P. Masteralexis, Carol A. Barr, Mary Hums, 2014-08-15 From the basic knowledge and skill sets of a sport manager to the current trends and issues in the sport management industry, the Fifth Edition of this best-selling text provides the foundation for students as they study and prepare for a variety of sport management careers. The authors, all well-known sport industry professionals, show students how to apply their new knowledge and skills to any segment in the sport industry from high school to the international arena. Principles and Practice of Sport Management, Fifth Edition continues to offer historical perspectives as well as thoughts about current and future industry issues and trends. It has, however, undergone substantial content updates in every chapter, including the inclusion of new developments or managerial approaches happening in the sport world, as well as the addition of new chapters on new media in sport and club management. - New full color design and art program - Contains practical advice on how virtual communitites and social networks can affect the job search process - Provides updated information on salaries in professional sports - Includes sections on evaluating coaches, programmatic goals, ethics, finances, and marketing as they relate to youth sports - Contains more in-depth coverage of disabilities in sports - New and updated content on the growing safety concerns related to concussions in youth sports through professional sports and within the NFL - New discussion of the ethical and legal implications of the Jerry Sandusky case - Current Issues section updated with new material on event security and the Boston Marathon bombings. |
| financial planning for athletes: Financial Therapy Bradley T. Klontz, Sonya L. Britt, Kristy L. Archuleta, 2014-09-10 Money-related stress dates as far back as concepts of money itself. Formerly it may have waxed and waned in tune with the economy, but today more individuals are experiencing financial mental anguish and self-destructive behavior regardless of bull or bear markets, recessions or boom periods. From a fringe area of psychology, financial therapy has emerged to meet increasingly salient concerns. Financial Therapy is the first full-length guide to the field, bridging theory, practical methods, and a growing cross-disciplinary evidence base to create a framework for improving this crucial aspect of clients' lives. Its contributors identify money-based disorders such as compulsive buying, financial hoarding, and workaholism, and analyze typical early experiences and the resulting mental constructs (money scripts) that drive toxic relationships with money. Clearly relating financial stability to larger therapeutic goals, therapists from varied perspectives offer practical tools for assessment and intervention, advise on cultural and ethical considerations, and provide instructive case studies. A diverse palette of research-based and practice-based models meets monetary mental health issues with well-known treatment approaches, among them: Cognitive-behavioral and solution-focused therapies. Collaborative relationship models. Experiential approaches. Psychodynamic financial therapy. Feminist and humanistic approaches. Stages of change and motivational interviewing in financial therapy. A text that serves to introduce and define the field as well as plan for its future, Financial Therapy is an important investment for professionals in psychotherapy and counseling, family therapy, financial planning, and social policy. |
| financial planning for athletes: Principles and Practice of Sport Management Lisa Pike Masteralexis, Carol A. Barr, Mary A. Hums, 2009 Updated and expanded, Principles and Practice of Sport Management, Third Edition offers a comprehensive introduction to the sport management industry. From the basic knowledge and skill sets of a sport manager to the current trends and issues of the sport management industry, this text provides the foundation for students as they study and prepare for a variety of sport management careers. Many well-known sport industry professionals contribute chapters that show students how to apply their new knowledge and skills. These experts provide firsthand advice on sport industry segments ranging from high school to the international arena. Students gain a solid understanding of sport management structures and learn to apply principles such as sport ethics to the many segments and support systems of the industry.--Book Jacket. |
| financial planning for athletes: Football for a Buck Jeff Pearlman, 2018 From a multiple New York Times bestselling author, the rollicking, outrageous, you-can't-make-this-up story of the USFL The United States Football League--known fondly to millions of sports fans as the USFL--was the last football league to not merely challenge the NFL, but cause its owners and executives to collectively shudder. It spanned three seasons, 1983-85. It secured multiple television deals. It drew millions of fans and launched the careers of legends. But then it died beneath the weight of a particularly egotistical and bombastic owner--a New York businessman named Donald J. Trump. The league featured as many as 18 teams, and included such superstars as Steve Young, Jim Kelly, Herschel Walker, Reggie White, Doug Flutie and Mike Rozier. In Football for a Buck, the dogged reporter and biographer Jeff Pearlman draws on more than four hundred interviews to unearth all the salty, untold stories of one of the craziest sports entities to have ever captivated America. From 1980s drug excess to airplane brawls and player-coach punch outs, to backroom business deals, to some of the most enthralling and revolutionary football ever seen, Pearlman transports readers back in time to this crazy, boozy, audacious, unforgettable era of the game. He shows how fortunes were made and lost on the backs of professional athletes and also how, thirty years ago, Trump was a scoundrel and a spoiler. For fans of Terry Pluto's Loose Balls or Jim Bouton's Ball Four and of course Pearlman's own stranger-than-fiction narratives, Football for a Buck is sports as high entertainment--and a cautionary tale of the dangers of ego and excess. |
| financial planning for athletes: Tax and Financial Planning for Sportsmen and Entertainers Richard Baldwin, Richard Harvey, 1987 |
| financial planning for athletes: What Your Financial Advisor Isn't Telling You Liz Davidson, 2016-01-05 Protect your money with this “accessible and practical” guide to hiring and working with financial advisors (Publishers Weekly, starred review). Hiring a trained expert to safeguard and grow your wealth seems like a foolproof decision, but it can go awry for many people. You should never blindly trust that your advisor has your best interests at heart—and while there are many benefits to working with a financial pro, there are some things you should know first. Drawing on her insider’s knowledge of how the financial advice profession really works, Liz Davidson shows how to judge whether an advisor is going to help or harm your savings. This no-nonsense guide covers questions such as: How should you decide if you really need an advisor? What financial moves can you make without their help? What important questions should you ask before trusting them with your money? What are the red flags you should run from? What does all their jargon really mean? Learn how to take control of your financial well-being—either with a financial advisor or without one. “This book is mandatory reading for anyone who wants a better understanding of how to manage their money.” —Mary Beth Franklin, InvestmentNews “Valuable tools for managing one’s personal finances for maximum results.” —Publishers Weekly, starred review |
| financial planning for athletes: The Corporate Athlete Jack L. Groppel, Jim Loehr, 1999-12-28 As Jack Groppel so aptly explains, the rigor of corporate athletics is often even more demanding than that of professional athletes. In my world, one does not have the luxury of an off-season. . . . This book is a must read for all those striving for the gold.-Arthur M. Blank, CEO and President, The Home Depot Wow! This is an incredible book. Every person in business should read The Corporate Athlete from cover to cover and apply it every day.-Brian Tracy, author of Maximum Achievement: Strategies and Skills That Will Unlock Your Hidden Powers to Succeed Today's corporate world is much like the world of professional sports-it is fiercely competitive and mentally and physically demanding, and it requires constant, vigilant training. More than ever, to maintain health, happiness, and career success, executives and employees must become Corporate Athletes. In this book, top business consultant, trainer, and lecturer Jack Groppel shows you how to use the training mentality of elite professional athletes. Based on the latest scientific research, The Corporate Athlete shows corporate competitors how to achieve maximum performance levels-both inside and outside the corporate world. Drawing on the parallels between sports and business, Jack Groppel reveals the integral roles that nutrition, fitness, and self-improvement-mental, physical, and emotional-play in giving Corporate Athletes their winning edge. It's an edge that's crucial if you need to come to a meeting fresh off the plane, pull out all the stops on a big presentation, cut the major deals-and still have the energy to enjoy time with family and friends. This practical and beneficial 21-day program will give you, no matter how overworked you are, the stamina and commitment to develop a world-class career. Learn to: * Have as much energy for your family at 8 p.m. as you have at the office at 8 a.m. * Be on when you need to be on * Respond to change, adversity, and crisis more constructively * Display more positivity and confidence * Eat properly on the road, in the air, and before and during business meetings * Slow down the aging process Take advantage of the same secrets that Dr. Groppel has used to help high-stress professionals-from Olympic athletes and NHL stars to fast-lane executives at major companies like Morgan Stanley Dean Witter, Estée Lauder, and Bristol-Myers Squibb-get themselves in fighting shape. Here is the program that will train you to perform at the highest possible levels in both your professional and your family life-because taking optimum care of yourself, mentally and physically, is the best way to take care of business. Outstanding . . . The Corporate Athlete is a truly comprehensive program to help you achieve both your personal and your professional goals. It will help you take control of your life and effect positive physical, mental, and spiritual change.-Darlene Hamrock, Regional Vice President, Clinique Why do so many top performers call themselves Corporate Athletes? Today's challenging business climate requires every top executive to be perfectly fit both mentally and physically. The Corporate Athlete is must reading for everyone who wants to manage his or her business, career, or profession effectively while living a balanced life. Buy it-it's a great investment.-Leonard Lauder, Chairman and Chief Executive Officer of the Estée Lauder Companies, Inc. This is the book to teach you how to perform your job at the highest level possible while maintaining maximal health and happiness.-Jim Courier, French Open champion and former world No. 1 tennis player |
| financial planning for athletes: Goal! the Financial Physician's Ultimate Survival Guide for the Professional Athlete Mitch Levin, 2013-02 The Financial Physician has struck again! Best selling author, speaker and trusted advisor has collaborated on yet another blockbuster. Within this book you will learn how to never be poor, achieve full financial health and live a prosperous life. |
| financial planning for athletes: Fundraising for Sport and Athletics Richard Leonard, 2016-11 Most athletic organisations (youth, junior, high school, Olympic, and a large number of college programs) have insufficient finances to meet operational need, and personnel must learn to proactively address resource deficiencies. This book expands upon the foundation of fundraising information and strategies offered in the first edition. This book includes the most recent fundraising models and focuses on more practical and comprehensive applications of fundraising administration. Additionally, the discussion of fundraising programs has been expanded to include all aspects of the fundraising campaign. Whether you are an undergraduate or graduate student studying sport management, athletic administrator running any level sport program, or program coordinator developing your own fundraising effort, this 2nd Edition contains the ideal mix of fundraising theory and practice that will enable your future or current fundraising endeavours. |
| financial planning for athletes: Financial Peace Dave Ramsey, 2002-01-01 Dave Ramsey explains those scriptural guidelines for handling money. |
| financial planning for athletes: Principles and Practice of Sport Management Carol A. Barr, Mary A. Hums, 1998 Updated and expanded, Principles and Practice of Sport Management, Third Edition offers a comprehensive introduction to the sport management industry. From the basic knowledge and skill sets of a sport manager to the current trends and issues of the sport management industry, this text provides the foundation for students as they study and prepare for a variety of sport management careers. Many well-known sport industry professionals contribute chapters that show students how to apply their new knowledge and skills. These experts provide firsthand advice on sport industry segments ranging from high school to the international arena. Students gain a solid understanding of sport management structures and learn to apply principles such as sport ethics to the many segments and support systems of the industry.--BOOK JACKET. |
| financial planning for athletes: Sudden Money Susan Bradley, Mary Martin, 2000-04-20 From inheritances and divorce and insurance settlements to retirement payouts and the most recent phenomenon of stock options, the largest transfer of wealth in the history of America is now taking place. For some, this welcome event is relatively stress-free. But for those who are inexperienced in dealing with large sums of money, a windfall can be an overwhelming, even losing, situation. What is the difference between those who build on their financial gains and those who end up worse off than before? In this much-needed, one-of-a-kind book, top financial planner Susan Bradley gets to the heart of the matter by examining the emotional complexity of the windfall experience and how to manage it-and your newfound money-successfully. Whatever the sum involved, the impact of one's emotional state on the way money is handled--or mishandled--cannot be underestimated. In addition to the legal intricacies of receiving sudden money, the element of surprise that catches people unprepared also often leaves them there. Here, at last, is a type of owner's manual to sudden money that demystifies the process for recipients and their financial planners. Based on her work with countless clients, many of whose stories appear in this book, Bradley has developed a step-by-step program for moving safely through the three phases of building a solid financial foundation: Preparation and Planning Investing Monitoring, Giving, and Sharing Giving individual attention to each possible windfall event, Bradley addresses their distinct tax consequences, insurance and estate planning considerations, as well as the crucial emotional component. She also shares advice on how to put together the proper team of advisors, including an attorney and a therapist. When correctly handled, an unexpected windfall can provide expected benefits that will continue far beyond the lifetime of the initial recipient---and turn sudden money into lasting wealth. Turn Sudden Money into Lasting Wealth Maximize your wealth and minimize your stress and confusion with this unique, indispensable guide to handling a sudden financial windfall. Written by nationally recognized financial planner Susan Bradley, Sudden Money provides a complete program for successfully managing newfound wealth. Discover ways to: Stay calm and not make decisions based on your emotions Seek experienced, professional advice Avoid pressure from others Create and execute the best financial plan for you Most important, Sudden Money provides you with easy-to-implement, proven ways to ensure that your financial gains are more than fleeting good fortune. A 'must read' for financial advisors and for clients who have received financial windfalls. Susan Bradley has detailed--in an easy-to-apply way--a new financial planning discipline that is sure to become a vital part of discussions about the burgeoning wealth in this country. —Ronni Burns, Wall Street consultant This book is essential for anyone who receives a financial windfall. It's an easy read and packed with useful advice. —Don Phillips, CEO, Morningstar Reading this book is like having a trusted friend explain what to expect, what to do, and what not to do at a happy time that can also be overwhelming and stressful. This book has been extraordinarily helpful to me. —Marci Shimoff, coauthor, Chicken Soup for the Soul Women in particular are often ill prepared to manage a financial windfall. Without careful planning, it could turn into a pitfall. Susan Bradley's book is a sensible guide on how to handle instant wealth. —Jennifer Openshaw, CEO, WFN.com, Financial Network for Women |
| financial planning for athletes: The Winning Playbook Jonathan Ray Scott, Rob Welsh, 2022-08-16 ...a must-read for athletes and entrepreneurs alike. — Mike Magolnick 5x Author, CEO, Influencer A well-written, practical personal finance book... — Kirkus Reviews It’s time to take your financial game to the next level. A must-have for athletes, entrepreneurs, and anyone determined to take control of their financial and personal well-being, The Winning Playbook is the essential guide to transforming your career into a money-making machine and becoming the CEO of your own legacy. We’ve all heard the stories—a professional athlete signs for $2 million a year and the next thing we know he’s working in the off-season to make ends meet. Financial empowerment expert Rob Welsh and former NFL offensive tackle Jonathan R. Scott have dedicated themselves to successfully coaching athletes of all levels to make their money work for them. Yet, professional athletes aren’t alone in their financial trials—too few of us understand how to make the most of the rewards of our hard work and what we must know to get what we want from life. For the first time in The Winning Playbook, Rob Welsh and Jonathan R. Scott reveal the keys to unlocking your ability to learn and steer the direction of your own life, including how to: · Understand Your Paycheck and How to Keep It · Become Financially Empowered · Hone a Business Mindset · Win When Life Happens · Build Your Team · Learn the Rules of Money · Access Hidden Tax and Financial Strategies · How to Guide Student-Athletes to Prepare for their Financial Future Find your purpose beyond the playing field or office and set yourself up for a rewarding personal and financial future. “...should be required reading for all athletes and families transitioning to professional sports.”— Mack Brown, Head Football Coach of The University of North Carolina, College Football Hall of Fame Inductee |
| financial planning for athletes: The Money Shot Crystal D. Gifford, 2016-07-26 Having a Massive Revenue Strategy™ is critical to athletes heading into the pros; The International Center for Athletic Financial Development™ is the foundation where college and professional athletes find guidance to develop powerful financial strategies that allow them to fully enjoy their earnings both now and in the future. This book is a compilation of those strategies. Dr. Gifford brings the difficult and often taboo topic of finances to clients in an easy-to-understand, applicable format; for over 15 years she has helped clients maximize the impact of their success and live their dreams and luxury lifestyles through financial development and efficient resource planning. The Money Shot addresses a unique and underserved market, and provides clear-cut tactics in a voice that is credible. |
| financial planning for athletes: An Athlete’s Guide to Agents, Fifth Edition , |
| financial planning for athletes: Guard Your Future , 1997 |
| financial planning for athletes: Surviving the Lights Tywanna Smith, 2017-02-02 It's more than a game; It's more than money; It's your life! This book will help aspiring professional athletes and their families avoid the curse that, oftentimes, comes with the professional sports culture. Why do so many NFL and NBA athletes struggle to lead productive, successful lives when they retire? Why do they invest in their talent, but not their life? Don't they know their playing days have an expiration date? The bigger question is: Why don't college athletes prepare to be professionals like they prepare to be professional athletes? Why do they repeat their predecessors' mistakes? Isn't that insanity? By studying this playbook, aspiring and rookie NBA and NFL athletes will be able to create a blueprint to prepare them to navigate the world of professional sports and successfully transition into the final stage of their lives. This playbook takes a proactive approach in addressing the common issues that plague athletes, enabling them to move forward strategically and with purpose. This is your opportunity to change your thinking so that you can change the game! By reading this book, you will give yourself a better shot at Surviving the Lights! |
| financial planning for athletes: Your Money Vehicle Jedidiah Collins, 2020 Financial education is now a necessary skill for survival. Why empowerment and education? Because education without action fails! So, now what? Your parents likely didn't face this issue, and you weren't taught personal finance in school. Where are you supposed to learn how money works? More importantly, how to make money work for you? On the v. |
| financial planning for athletes: Wealth Mismanagement Ed Butowsky , 2019-08-13 Millions of us are committing a slow, imperceptible form of financial suicide. Chances are your IRA or 401(k) carries far more risk than you realize, lacks real diversification that could reduce downside risk, and is falling behind the underreported rate of inflation that eats away at your retirement fund every year. In the next market crash, you could be left vulnerable and unprotected. Wall Street financial advisers are supposed to build and preserve your wealth, yet they are untrained in portfolio construction and how to contain risk and bulletproof your investments. They charge high fees and sometimes put their own interests ahead of yours. Now Ed Butowsky, a Wall Street insider who spent two decades as one of the top producers at the fabled firm of Morgan Stanley & Co., breaks from the pack to reveal the flaws, fibs and failings of financial advisers. To fix this mess, he has created the new CHIP Score to empower you to evaluate the potential for Risk & Reward in your portfolio and grade your adviser—before the next meltdown. Nobody else on Wall Street ever dared to create anything like it. Wealth Mismanagement will empower investors to protect themselves. Read it & reap. |
| financial planning for athletes: An Athlete’s Guide to Agents Robert H. Ruxin, 2009-11-20 An Athlete’s Guide to Agents, Fifth Edition is designed to better prepare athletes and their families to screen, select, and work with an agent. It teaches families about the importance of sports agents and allows athletes and their families to be active participants instead of handing all power away to a sports agent upon signing an agency contract. It examines: agent services and fees, financial management, insurance, endorsements, replacing an agent, renegotiating and holding out, and NCAA regulations. |
| financial planning for athletes: FIMS Sports Medicine Manual David McDonagh, 2011-12-28 Published in association with the International Federation of Sports Medicine, FIMS Sports Medicine Event Manual covers all aspects of setting up sports medicine care for sporting events along with what to do to care for the athletes. This emergency sports medicine manual addresses an array of essential issues including: planning the medical aspects of sporting events, evaluating the “return to play” conundrum, and on-field treatment of an injured or ill athlete. These topics and skills are crucial for all event physicians to master. Separated into five sections, the book will cover everything from planning the medical aspects of a sports event to providing a sport specific list of conditions an event physician must be able to treat. Ideal for sports medicine physicians and athletic trainers who coordinate care for events, this manual covers practical how-to-do-it coverage of injuries to athletes. |
| financial planning for athletes: The Business of Sports Scott Rosner, Kenneth Shropshire, 2011 The Business of Sports, Second Edition is a comprehensive collection of readings that focus on the multibillion-dollar sports industry and the dilemmas faced by todays sports business leaders. It contains a dynamic set of readings to provide a complete overview of major sports business issues. The Second Edition covers professional, Olympic, and collegiate sports, and highlights the major issues that impact each of these broad categories. The Second Edition continue to provide insight from a variety of stakeholders in the industry and cover the major business disciplines of management, marketing, finance, information technology, accounting, ethics and law. In addition, it features concise introductions, targeted discussion questions, and graphs and tables to convey relevant financial data and other statistics discussed. This book is designed for current and future sports business leaders as well as those interested in the inner-workings of the industry. |
| financial planning for athletes: Rock Retirement Roger Whitney, 2017-10-03 “A guide for planning that rich season of life, based not just on money, but also on how to create meaningful relationships, memories, and legacy.” —Dan Miller, author of 48 Days to the Work You Love Rock Retirement offers inspirational advice on how to enjoy the journey to retirement to its fullest. Traditional retirement advice usually boils down to saving more, sacrificing more, and settling for less. This approach makes people dependent on systems outside their control, such as the market, economy, and investment returns. The result: people lose power over determining their life. What sets Rock Retirement apart is its holistic approach to helping people take back control and act intentionally towards the life they want. It addresses the fears, hopes, and dreams that people have about retirement, goes way beyond the numbers, and shows them how to balance living well today and tomorrow. “Too many books think retirement is just about finances. Instead, retirement is about looking at life in full and working out what it is you want to do and then turning to finances to make it happen. That’s exactly the focus of the practical and helpful guide.” —Andrew Scott, coauthor of The 100-Year Life “Roger Whitney lays out a plan for today’s modern retiree. If you are exhausted with being fed that retirement is the end game of life, then Roger’s book is a must-read!” —Darryl W. Lyons, author of 18 to 80 “If you’re dreaming of a retirement free of worry, chao and confusion, Rock Retirement will give you the clarity, a solid plan and fresh inspiration to help you get where you want to go.” —Jevonnah “Lady J” Ellison, author of Love Letters for Leading Ladies |
| financial planning for athletes: Financial Management in the Sport Industry Brown T Matthew, 2016-12-15 Financial Management in the Sport Industry provides readers with an understanding of sport finance and the importance of sound financial management in the sport industry. It begins by covering finance basics and the tools and techniques of financial quantification, using current industry examples to apply the principles of financial management to sport. It then goes beyond the basics to show how financial management works specifically in sport - how decisions are made to ensure wealth maximization. Discussions include debt and equity financing, capital budgeting, facility financing, economic impact, risk and return, time value of money, and more. The final section focuses on sport finance in three sectors of the industry - public sector sports, collegiate athletics, and professional sport-providing in-depth analysis of financial management in each sector. Sidebars, case studies, concept checks, and practice problems throughout provide practical applications of the material and enable thorough study and practice. The business of sport has changed dynamically since the publication of the first edition, and this second edition reflects the impact of these changes on financial management in the sport industry. New to this edition are changes to reflect the global nature of sport (with, for example, discussions of income tax rates in the Premiere League), expanded material on the use of spreadsheets for financial calculations, a primer on accounting principles to help students interpret financial statements, a valuation case study assignment that takes students step by step through a valuation, a new stadium feasibility analysis using the efforts of the Oakland Raiders to obtain a new stadium, a new economic impact example focusing on the NBA All Star game, and much more. |
| financial planning for athletes: Work Optional Tanja Hester, 2019-02-12 A practical action guide for financial independence and early retirement from the popular Our Next Life blogger. In today's work culture, we're expected to hustle around the clock. But what if you could escape the traditional path and get on one that doesn't require working full-time until age 65? What if you could wake up every day without an alarm clock and do the things you love most? Tanja Hester and her husband Mark left their crazed careerist lifestyle to live their dream life in Lake Tahoe, retiring early from high-stress careers. Now Tanja will help you map out a customized plan for freedom and make it easy to succeed, whether you're good at math and budgeting -- or not! Work Optional is more than just a financial plan: it's a plan for your whole life -- designed by you, not by an employer or clients. Tanja walks you through envisioning your dream life, accounting for variables such as health care and children, protecting yourself from recessions and future unknowns, and achieving a purpose-filled early retirement, semi-retirement, or career intermission with completely doable, non-penny-pinching steps. You can live a happier, more meaningful life, free from the daily grind. Regardless of where you are in your career, Work Optionalwill get you there. |
| financial planning for athletes: Principles and Practice of Sport Management with Navigate Advantage Access Lisa Pike Masteralexis, 2023-06-15 Principles and Practice of Sport Management provides students with the foundation they need to prepare for a variety of sport management careers. Intended for use in introductory sport management courses at the undergraduate level, the focus of this text is to provide an overview of the sport industry and cover basic fundamental knowledge and skill sets of the sport manager, as well as to provide information on sport industry segments for potential employment and career opportunities-- |
| financial planning for athletes: Die Broke Stephen Pollan, Mark Levine, 2009-03-17 From America's most trusted financial advisor comes a comprehensive guide to a new and utterly sane financial choice. In Die Broke, you'll learn that life is a game where the loser gives his money to Uncle Sam at the end. There are four steps to the process: Quit Today No, don't tell your boss to shove it...at least not out loud. But in your head accept that from this day on you're a free agent whose number one workplace priority is your personal bottom line. Pay Cash You should be as conscious of spending as you are of saving. Credit should be a rarely used tool for those few times (buying homes and cars) when paying cash is impossible. Don't Retire Your work life should be a journey up and down hills, rather than a climb up a sheer cliff that ends with a jump into the abyss. Die Broke It sounds terrifying, the one intolerable outcome to your financial life. And yet, in truth, dying broke might be your best option for a life without fear: fear of failure and privation now, fear of impoverishment in the long run. |
| financial planning for athletes: The Index Card Helaine Olen, Harold Pollack, 2016-01-05 “The newbie investor will not find a better guide to personal finance.” —Burton Malkiel, author of A RANDOM WALK DOWN WALL STREET TV analysts and money managers would have you believe your finances are enormously complicated, and if you don’t follow their guidance, you’ll end up in the poorhouse. They’re wrong. When University of Chicago professor Harold Pollack interviewed Helaine Olen, an award-winning financial journalist and the author of the bestselling Pound Foolish, he made an offhand suggestion: everything you need to know about managing your money could fit on an index card. To prove his point, he grabbed a 4 x 6 card, scribbled down a list of rules, and posted a picture of the card online. The post went viral. Now, Pollack teams up with Olen to explain why the ten simple rules of the index card outperform more complicated financial strategies. Inside is an easy-to-follow action plan that works in good times and bad, giving you the tools, knowledge, and confidence to seize control of your financial life. |
| financial planning for athletes: Run the Mile You're In Ryan Hall, 2019-04-16 Journey with Olympian and American half marathon record holder Ryan Hall as he reflects on the joys and trials of running and, along the way, shows you how he found God in every step. Ryan Hall is an Olympic athlete and American record holder in the half marathon, but as a kid, Ryan hated running. He wanted nothing to do with the sport until one day, he felt compelled to run the fifteen miles around his neighborhood lake. He was hooked. From that day forward, Ryan felt a God-given purpose in running. He knew he could, and would, race with the best runners in the world and that his talent was a gift to serve others. These two truths launched Ryan's twenty-year athletic career and guided him through epic failures and exceptional breakthroughs to competing at the highest level. Now a coach, speaker, and nonprofit partner, Ryan shares the powerful faith behind his athletic achievements and the lessons he learned that helped him push past his limits, make space for relationships that enrich his life on and off the running trails, and cultivate a positive mindset. As you learn more about Ryan and his incredible path, you'll gain the tools you need to: Focus on your purpose and say no to distractions Select and strive for the right goals--goals for the heart and the body Deal with defeat and disappointment Endure immense pain and build resilience Run like you've already won Ryan's story is one of encouragement and inspiration for readers of any age and level of running ability--or none at all. It's a story that shows that you, too, can change your outlook, see God's hand in your life, and run the race that really matters. Praise for Run the Mile You’re In: Run the Mile You're In is not about winning races and setting running records. It's about always moving forward. Moving outward is an act of courage. The reward is living the lifestyle and embracing the dream. --Bart Yasso, newly retired chief running officer, Runner's World Ryan's journey on and off the course is touching and a meaningful way to live by helping others. This is an uplifting book of joy and finding your sense of purpose. --Meb Keflezighi, Olympic silver medalist; Boston Marathon and NYC Marathon champion |
10 Financial Do’s and Don’ts for Professional Athletes
Oct 28, 2024 · Tips for Achieving Long-Term Financial Success. Professional athletes face unique challenges when it comes to planning for the future. At Creative Planning Sports and …
Professional Athlete Financial Planning - Finance Strategists
Feb 15, 2024 · Professional athlete financial planning is crucial because athletes often have unique financial challenges, such as irregular income streams and a relatively short career …
14 Financial Planning Tips For Professional Athletes
14 Financial Planning Tips For Professional Athletes 1. Enhance your financial literacy . Young professional athletes often lack the knowledge and experience to manage the large sums of money they suddenly …
Financial Advisors for Athletes - SmartAsset
Jan 27, 2025 · Professional athletes often face unique financial challenges, from managing sudden wealth to planning for life after their careers. A financial advisor for athletes specializes in addressing …
10 Financial Do’s and Don’ts for Professional Athletes
Oct 28, 2024 · Tips for Achieving Long-Term Financial Success. Professional athletes face unique challenges when it comes to planning for the future. At Creative Planning Sports and …
Professional Athlete Financial Planning - Finance Strategists
Feb 15, 2024 · Professional athlete financial planning is crucial because athletes often have unique financial challenges, such as irregular income streams and a relatively short career …
14 Financial Planning Tips For Professional Athletes
14 Financial Planning Tips For Professional Athletes 1. Enhance your financial literacy . Young professional athletes often lack the knowledge and experience to manage the large sums of …
Financial Advisors for Athletes - SmartAsset
Jan 27, 2025 · Professional athletes often face unique financial challenges, from managing sudden wealth to planning for life after their careers. A financial advisor for athletes specializes …
