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WorksheetsESPN "Broke"
Total questions: 10
Worksheet time: 6mins
What is the percentage of professional NFL players who are BROKE, or under financial stress, just 2 years after their career ends?
20%
90%
78%
43%
Which of the following is NOT a reason why professional athletes go BROKE after their career ends?
They invest the majority of their income.
They have more than 1 household they are supporting financially.
They spent more than they earned.
They find out their financial advisors were not so financially literate or even honest.
The section of the documentary called Baby Mama Drama highlights ...(Pick Two)
the consequences of being in a relationship with so many different women.
the number of bad business ventures professional athletes enter.
the wise financial decision of entering marriage with a prenuptial agreement.
The section of the documentary called BLING BLING highlights ... (Pick Two)
the consequences of trusting agents with their finances.
the insane number of material items professional athletes buy to show off their wealth.
the concept of competition between players to have the newest and best of everything.
Who should professional athletes trust with their money decisions? (Pick Two)
their inner circle of friends, family, coaches & agents
themselves
financial advisors with a positive and proven reputation
Which of the following is NOT discussed during the Mouths to Feed segment of the documentary?
The athletes often had unexpected medical bills due to injuries.
The athletes have more than 5 households they are supporting financially.
The athletes have family members expecting to be paid or compensated with material items for their support.
The athletes have friends expecting them to help pay for phones, car notes, child support, & even rent or mortgage.
Due to multiple/severe injuries professional athletes find themselves ...
with unexpected medical bills.
in constant pain that they self-medicate.
with severed contracts and in early retirement.
All of the above.
Which of these is NOT a reason why professional athletes go BROKE?
They suffer from "sudden wealth effect" and spend beyond their means.
They are in the highest tax bracket.
They have never been taught about money management.
They are young adults with large egos.
Who should take ownership in helping professional athletes preserve and maintain their wealth?
The universities.
The player associations (NFL, MBA, NHL, etc.)
Their financial advisors.
Answers A & B.
Answers A, B & C.
The main purpose of this documentary is to ...
shame the vast majority of athletes who are now BROKE.
highlight the incredibly reckless decisions young athletes make.
highlight the dangers of making decision based on ego.
remind everyone about the importance of financial literacy.
