|
Playing semantics a bit, but assuming it's at least 3 million after taxes, agent fees and other things that we might not be aware of in contracts, that's enough money for life assuming you don't mismanage it.
I mean yeah, nobody is getting 3 million and hiding it under their mattress and being set for life, but with any kind of sensible money management, you should be making enough off a lump sum like that to live on for a very long time indeed.
Now do I think most athletes or NBA players are falling into the sensible money management category - probably not, but that doesn't really answer the original question.
|