BE CAREFUL WITH WHO YOU LET CONTROL YOUR MONEY!!!
The NFL stands for Not for long, losing $3 hurts, losing $3 million would have me crying in the bathtub.
Dallas Cowboys running back Darren McFadden has sued his longtime business manager, saying he misappropriated and mishandled money throughout his NFL career, including $3 million lost in a bitcoin business venture.
The $15 million lawsuit was filed Tuesday against Michael Vick of Mabelvale, Arkansas, and 10 unknown others named only as “Doe.”
It isn’t that Michael Vick if that is what you are thinking.
McFadden’s lawsuit said that two days after his 2008 debut with the Oakland Raiders, Vick used fraudulent documents to gain power of attorney and later fabricated fictitious financial records to hide what he was doing. The former University of Arkansas running back said he discovered the fraud when Vick tried to sell him a building allegedly bought with McFadden’s own funds.
I can’t stress enough how important it is as a young player to have proper money management, because this money has to last you for the rest of your life.