As avid sports fans, I am sure most of us are familiar with the critically acclaimed ESPN documentary series 30 for 30. One of my favorites thus far is 30 for 30: Broke, which dug into the psychology of men whose competitive nature had a negative effect to their outside lives.
According to a 2009 Sports Illustrated article, 60% of former NBA players are broke within five years of retirement. Whether it’s due to: freeloading homies/family members, bad investments, medical issues, etc. these athletes are rudely awakened by the low life after years of being on top.
Similar to the ESPN 30 for 30: Broke documentary, Moguldom Studios will be going in depth with how rich Black celebrities go from the top to ground zero in its new documentary When the Checks Stop Coming In.
According to Bossip, Moguldom Studios will be interviewing celebrtities, agents, managers, and financial advisors to get a real idea of how much money was being spent and how caught up certain celebrities can get with their lavish lifestyles and poor financial management.
The list of broke celebrities goes on and on and includes none other than the man himself Allen Iverson. A man who earned over $200 million during his 15-year career and ran through every…single…dolla.
Through this documentary we’ll be provided with more background on how an individual could be so financially reckless.