Over 60% of NBA/NFL Players Have Financial Issues After Retirement..Workshop to Help Them
Pro Athletes Business Group (PABG) is pleased to announce the 2nd bi-annual Pro Athlete Franchise & Investors show (Pro AFIS) on February 19-20, 2012 at the Trade Winds Resort in St. Pete, Florida. This two-day event is packed with exceptional speakers from the sports and business industries and includes informational sessions aimed to educate and empowerathletes about financial management and the importance of establishing financial stability post career.
“As a former pro athlete myself, I understand the need to educate young athletes on the importance of creating a long-term financial portfolio that will sustain them long after their pro career is over, which is why the Pro Athlete Franchise & Investors show is a great learning tool for them,” says Anthony Simmons, PABG CEO & President. “In addition, PABG is creating an opportunity for these young athletes to meet successful franchise owners face-to-face and receive a wealth of knowledge on the benefits of franchising.”
According to Sports Illustrated, a staggering 78% of former NFL players are financially stressed or bankrupt within 3 years after retiring and 60% of NBA players are in the same boat within asimilar timeframe. Professional Athletes have a far shorter peek earnings period than most other professions, and athletes across all sports are under financial stress due to lack of support and knowledge.
Pro Athletes Business Group (PABG) aims to fill this void by empowering athletes to create successful financial opportunities for themselves and their families through sound investments and solid franchise opportunities that will produce stability and success in their lives after professional sports. Working in conjunction with Emerald Franchise &Business Solutions, LLC, and other franchise and investment companies, PABG’s ultimate goal is to lower the ratio of retired bankrupt athletes from 82% to 55% by 2015. Pro Athletes Business Group strives to achieve this through empowerment, education and consistently promoting the company’s objective; to create a forum for athletes to invest in their most important assets – themselves!
For more information on Pro Athletes Business Group (PABG) and to register for the Pro Athlete Franchise & Investors Show (Pro AFIS) visit www.proathletebusinessgroup.com

