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Fortune
Fortune
Carl Nassib

Former NFL player Carl Nassib: ‘Gen Z college players are living the dream–but they could become cautionary tales if they don’t educate themselves about personal finance’

(Credit: Mike Ehrmann - Getty Images)

Young athletes dream big. They want to throw a game-winning touchdown in a packed stadium or hit a buzzer-beater in sold-out arenas. Those who are fortunate enough to live out these dreams in professional leagues have a chance for a big payday. Signing a multi-million-dollar contract nevertheless opens the door for major financial missteps. 

Some professional athletes end up making more money than most people will see in their lifetime. Yet for every Michael Jordan and John Elway who parlayed their success into the business world, there are many more tragic stories of gifted athletes blowing it all, no matter the sport. 

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