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Kansas City Chief's Hollywood Brown Has A Real Estate Investment Company And Wants to Empower Other Athletes To Invest
The statistics aren’t kind. Eighty percent of pro athletes go broke soon after retiring. Kansas City Chiefs‘ Marquise “Hollywood” Brown will not be among them. Despite NFL stars’ eight-figure contracts, in most cases, their financial literacy does not match their salaries. Brown wants to change that. “Players often leave their finances up to financial advisers who tend to invest in more traditional avenues, like stocks, because those methods also earn money for the advisers,” Brown told Mansion
The statistics aren’t kind. Eighty percent of pro athletes go broke soon after retiring. Kansas City Chiefs‘ Marquise “Hollywood” Brown will not be among them. Despite NFL stars’ eight-figure contracts, in most cases, their financial literacy does not match their salaries. Brown wants to change that. “Players often leave their finances up to financial advisers who tend to invest in more traditional avenues, like stocks, because those methods also earn money for the advisers,” Brown told Mansion
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