How Can Athletes Be Pro-Active With their Money
Adonal Foyle, former NBA player and author of “Winning the Money Game”, joined Kilmeade and Friends to discuss why so many pro athletes go bankrupt, and the steps he took to successfully manage his wealth.
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In the wake of multi-millionaire athletes like Mike Tyson and Sheryl Swoopes declaring bankruptcy, Foyle talked to Brian about the importance of auditing everyone that has access to your finances, even family members. Foyle acknowledged that many athletes feel obligated to give back to friends and family, but he emphasized that providing them with an education and the tools to better themselves is much more valuable than big ticket items like cars and houses. The former NBA player also spoke about how aspiring professional athletes should focus on their studies as well as their sport.