Money Stories: How Andre Rison Lost $19 Million! Money Tips, Tricks & Tactics #36
In today’s video we discuss the money story of Andre Rison and how he lost $19 million earned over his professional football career…
It’s not entirely unheard of, athletes, footballers, basketballers and professional sports people seem to have a very bad reputation when it comes to managing their money. Sure, they might make a boatload of money during their career, but if it’s not managed effectively, then that boat will just end up sinking with them. Is it no wonder the statistics show that a large number of professional sports people end up in financial difficulty just a few short years after retiring, surely this can be prevented with careful money management.
So what exactly happened here and what lessons can we learn from this?
7. EARLY LIFE
Andre Rison is a former Amercian
Football Player who played professionally
in the NFL between 1989 - 2005. He's
played for a number of professional
teams in his career, won a superbowl
championship and holds a record for
scoring touchdowns for 7 different
teams.
8. FLINT
NORTHWESTERN
HIGH SCHOOL
Andre attended Flint Northwestern High
School, where he was considered a star
player.
MICHIGAN STATE
UNIVERSITY
He also attended michigan state
university, we're he was a prominent
contributor to their winning
performances.
INDIANAPOLIS
COLTS
He was later discovered by Indianapolis
Colts, where in his rookie season he was
achieving at a high level.
CAREER
9. TORONTO
ARGONAUTS
In August 2005 Andre Rison was released by
the team after a 4 year layoff from the NFL.
NOW
Since that time, he setup "Andre Rison
Football Academy" he coaches football at
Flint Northwestern High School and
Michigan State University. But...
CAREER
10. His mansion was burnt down
by his girlfriend
FAILURES
Did you know?
Andre Rison has admitted to wasting $1 million
on jewellery, buying multiple cars and multiple
houses, in a season, blowing ten's of thousands
at nightclubs, to keep up with his teammates.
Andre Rison filed for bankrupcy due to
overdue child support debts, which almost led
him to a prison sentence. Despite having made
$19 million over his 12 year football career.
Additionally, Andre Rison and his girlfriend had
a very unstable relationship and on one
occasion, she intentionally caused a fire which
burnt down his mansion.
1
Wasted $1 million on jewellery &
ten's of thousands at night clubs
2
Filed for bankrupcy due to
overdue child support debts
3
15. ACTION ITEMS Your action items for today's video are as
follows...
1
16. ACTION ITEMS Your action items for today's video are as
follows...
1
ONE
Learn about
taxes for
your
occupation
17. ACTION ITEMS Your action items for today's video are as
follows...
1
ONE TWO
Take a look
at your last
months
expenditure
Learn about
taxes for
your
occupation
18. YOUR FIRST 25K
Learn Exactly What it Takes To Go
From 0 To 25k In Twenty Months
Or Less...
19. SIGN UP TODAY
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of the course, completely FREE!
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