the nba made players go to college in december 2011.
when did the nba make players go to college?
december 2011
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according to a 2009 "sports illustrated" article, 78% of national football league (nfl) players are either bankrupt or are under financial stress within two years of retirement and an estimated 60% of national basketball association (nba) players go bankrupt within five years after leaving their sport. originally the statement "60% of nba players go bankrupt within five years after leaving their sport" was released by a representative of the nba players' association in 2008 a "fortune" magazine article states, however, that a working paper from the national bureau of economic research found that the percentage of nfl players who go bankrupt after two years is a much smaller 1.9%, climbing to 15.7% after 12 years.
personal finances of professional american athletes