Sunday, December 13, 2015

What we dream for our kids

We dream for our kids to be professional athletes... really?  why?  Most of them end up financially broke and physically broken.  What is wrong with us? what's wrong with the world that makes us wish this?
  "It's the Superman syndrome," says Billy Corben, director of the ESPN 30 for 30 documentary Broke. "These are guys coming from a life of being very good at one thing and constantly being told they're very good, so they think maybe they're just as good at being a businessman, too."
  "According to a recent poll from NPR, the Robert Wood Johnson Foundation and the Harvard T.H. Chan School of Public Health, 26 percent of U.S. parents whose children in high school play sports hope their child will become a professional athlete one day. Among families with household incomes of less than $50,000 annually, the number is 39 percent." "According to the National Collegiate Athletic Association, only a tiny percentage of high school athletes actually go on to play professionally — roughly 1 in 168 high school baseball players will get drafted by a Major League Baseball team, and just 1 in 2,451 men's high school basketball players will get drafted by a National Basketball Association team."
How pro athletes lose everything

I love how this list one success in football... really, now many people have played pro football, college football, aspired to pro football? And you list one in football?

"A Sports Illustrated article reports the grim statistics -- 78 percent of NFL players face bankruptcy or serious financial stress within just two years of leaving the game and 60 percent of NBA players face the same dire results in five years.Jul 1, 2013"
 "Athletes suffer financially for many reasons, but the dumb jock explanation is not one of them. Professional athletes are intelligent and talented in ways the rest of us cannot fathom. Davidson agrees, noting that "The game requires a high level of discipline, focus and intelligence -- all traits that can be parlayed into smart money management." Sometimes all it takes is recognizing and overcoming some of these barriers, entering their world, and providing a little guidance."