Mark Brunell Has Lost a Fortune!

[HawkeyeShane]

Unbelievable...He's going to have to schlep around from 9-5 like the rest of us after his NFL career.

Jets Quarterback Mark Brunell's Catastrophic Financial Path | ThePostGame

 

[VintageHawkeye]

stupid is as stupid does; I have no sympathy for a fool who has been parted from his money...especially $50 million.

 

[theboat]

He seemed like a cool guy from Hard Knocks.

 

[eveningnewsteam]

He seemed like a cool guy from Hard Knocks.

too cool obviously

 

[theboat]

stupid is as stupid does; I have no sympathy for a fool who has been parted from his money...especially $50 million.

That is like a hardcore weekend in Atlantic City for you huh?

 

[hawkeye12345]

The NFL should have created a golden parachute for all of the players. That way when they retire they can sit back and enjoy the other 50 years of their lives without working.

Now how is a guy supposed to manage his way through life's winding road?

 

[VintageHawkeye]

The NFL should have created a golden parachute for all of the players. That way when they retire they can sit back and enjoy the other 50 years of their lives without working.

Now how is a guy supposed to manage his way through life's winding road?

awesome

 

[VintageHawkeye]

That is like a hardcore weekend in Atlantic City for you huh?

I don't gamble - never in casinos, and almost never elsewhere with my money. But when I do decide to take on some risk, I do insane amounts of homework on the investment opportunity ahead of time.
Slow and steady wins the race, boat.

 

[theboat]

I don't gamble - never in casinos, and almost never elsewhere with my money. But when I do decide to take on some risk, I do insane amounts of homework on the investment opportunity ahead of time.
Slow and steady wins the race, boat.

I just figured you would make it rain.

 

[VintageHawkeye]

I just figured you would make it rain.

So you don't know who Hunter S. Thompson is, and aren't interested in his seminal literary works, but you're down with strip clubs and throwing cash around to hos?

 

[theboat]

So you don't know who Hunter S. Thompson is, and aren't interested in his seminal literary works, but you're down with strip clubs and throwing cash around to hos?

All about priorities. I love me some ti**ies.



And FTR, I don't want to read about anyones seminal works.

 

[ssckelley]

So why retire? As long as the Jets are willing to keep paying him to be a backup then keep carrying a clipboard. You make more money as a veteran backup in the NFL than you do being a medical sales rep.

 

[trj]

So why retire? As long as the Jets are willing to keep paying him to be a backup then keep carrying a clipboard. You make more money as a veteran backup in the NFL than you do being a medical sales rep.

Because he can barely throw a football 20 yards at this point in his career.

 

[CAARHawk]

Sad. Sounds like he actually had the right idea. Just very wrong execution. Wouldn't be surprised if an unscrupulous financial advisor was not involved.

 

[tm3308]

Because he can barely throw a football 20 yards at this point in his career.

While this is true, the Jets are still dumb enough to pay him for his long-withered abilities. If you're in serious financial trouble and you have the chance to keep cashing NFL checks, why would you willingly give that up to take a job that doesn't pay nearly as much?

 

[ssckelley]

$575K is a ton of money to carry a clipboard. I don't know what a Medical Rep gets paid but I cannot imagine it paying more than that.

 

[Bohawk]

$575K is a ton of money to carry a clipboard. I don't know what a Medical Rep gets paid but I cannot imagine it paying more than that.

Makes me question how legit the article really is. I realize it's on the internet so it's probably true, but still.

 

[BlackHawk]

I like this quote from the article:

"It's something like 78 percent of former NFL players, two years after their last game, are either bankrupt, divorced, or unemployed," Ruettgers told WAWS-TV."

Heck, I'd be unemployed, too, if I just got done making $50 million in about ten or so years of work.

If I made that kind of money, I'd take at least half of it off the table--into trusts for wife, kids, nieces, nephews, etc., and I'd do almost anything to not sign a personal guaranty (most banks will take liens on marketable securities or CDs in lieu of personal guarantees if you put up 100% security).

I'd live in a state in which your personal residence is not a bankruptcy asset, such as Florida, and I'd have a house worth double-digit millions, so that I could sell it and call it a day after any bankruptcy proceedings or plan was complete.

I don't think the NFL has any obligation to take care of players that made $50 million over the span of their career, but they should do something to educate the players on how not to go belly-up. (They may already do this, I don't know.)

 

[PCBHAWK]

Whataburger? How the hell do you lose $$ with that franchise?

 

[scourt]

Whataburger? How the hell do you lose $$ with that franchise?

He shoulda gone with the In And Out Burger, Dude.