You ever hear hockey players doing dumb **** like nba/nfl players?

I went to a conference a few years ago and met a stockbroker, a successful black man who had some NBA players a clients. He was giving them up.

Why I asked?

He said that he did not have any other type of client constantly making idiotic decisions that were disrespectful to money and himself. These guys never understood that money was to be put away for later years.

They bought so many cars and houses and never realized the upkeep of them either.

Ok, thats easy.

Then he had two occasions guys storm in their office with a posse with guns who misunderstood their statements and thought they were getting ripped off. They were, but it was not him, it was the idiotic player who gave a few people Power of attorney and they were taking money. Oh, and when the market dropped they thought he was ripping him off. Basically the posse was always trying to "protect" them but were very ignorant about most things relating to money. In fact, the hairbrained schemes the posse cooked up were ususally what kills the financials.

Other things: he said that his white clients don't do those things, nor call him up in the middle of the nite and demand he roll with them. Then get in the limo and find guns, drugs and naked women about. This guy is married with kids, being in the wrong place with a guy like that could kill a career and standing in the community.

He would make an appointment and prepare for an important meeting with the attorney and accountant only to have it broken at the last minute time after time.

He listed lots of things these guys do that his white clients don't do! IT was very funny. He of course said his black clients other than the athletes were great also!

Does this represent the majority of the NBA I asked him? He said no. There were the Shane Battier's (and for that matter most of the duke players except Maggette) were great, as were most of the blue chippers. But the big big money just gets blown. The college kids, and those from middle class families tend to "get it" and use the money wisely. He still hsa a few of them but they are not the big crazy money.

He said the immature player that came from nothing have a hard time with the stress and act out in strange ways.

But he said the white athlete is no where like the black athlete when money comes to them. Many of the white guys really sock it away and if anything are afraid if it. They wait untilt he playing days are over and then get involved when they can pay attention and learn about things more.

He really alluded that most of it had to do with how they were bought up and not so much race. He thought if a white redneck from a disfuntional famlily with little education had the same situation that similar ignorant activities would occur (financially).

I'd agree with most of that.