>>5765144Batista supposedly spent a ton of money during his main WWE run, living a lifestyle he couldn't afford.
You should watch the Broke documentary, as it will really explain things in detail. But the stories usually go like this:
- An athletic prospect gets signed to the major leagues. They are usually poor, stupid and have zero concept of how much money actually is worth since they've never had it or know anyone IRL who has had it.
- The player gets his contract and assumes he gets to keep all of it, not accounting for tax, which takes 20%-30% of it. They spend way more than they should.
- The players assume they will have long careers when people average 4 years in the pros. They don't plan for what happens after they can't play anymore, because they assume they are the next Michael Jordan and not the next Anthony Edwards.
- Everyone immediately starts asking for money or tries to manipulate them in various ways to get money. They also have to fight off women who desperate want to get knocked up by them so they can claim child support. Some players get married then divorced and lose half of everything off that.
- The players get a lot of pressure from teammates. They end up playing with a Lebron who is making $50 mil a year and think they can do what he does on $1 mil a year. They go to expensive restaurants, they gamble and they try to one-up each other by buying more expensive things.
- The players hire people to do things for them. They often hire friends and family instead of experts. The friends and family do everything with them and become their entourage. They spend as much of the player's money as they can and the player ends up funding 8 people at once. People like Jalen Rose and Lebron have had DJ's, dating scouts, fashion experts, PR people, bodyguards and people just to pick up mail.
- The players are expected to tip big and often do.
- The players hire financial advisors who steal their money and suck them dry.
