Choosing The Right Team Is Crucial To Managing Finances For Athletes

August 15, 2015Article

Starting your first full-time job after college requires every young adult to make choices about their finances, many affecting their future.

The rookies beginning training camp in the NFL are no different except that some like Jameis Winston and Marcus Mariota have millions of dollars to manage – and potentially to squander.

Laura Zwicker, a partner at Greenberg Glusker which advises high net-worth individuals, believes the league could be doing more to help its players establish a strong financial foothold. “You could look at it that the NFL is just the employer and is doing enough by offering them high-paying jobs. But on the other hand there should be more education into the process,” she said. Three years ago, the NFL began offering players a financial wellness program.

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