@Sneakdefreak said in NRL 2019:
Real sad news about Brett Dallas. The former 90s try-scoring machine is in a downward spiral.
...
As I recall early in Brad Fittler's career as a schoolboy on super-star money, his family appointed a trusted, gnarly old accountant to manage his affairs. When Brad came to him mid-week to ask for more money he would tell him "No. You were paid last week and spent it, now you must wait until I let you have this week's pay." As a consequence he is now said to have a net worth of about $10m. He kept working really hard after retirement to secure a reliable income, mostly from League.
I venture way more of them end up on the skids than in anything even close to Fittler's position. A high number of Alan Jones' Wallabies succeeded mightily in business due to his influence but I have difficulty running off a list of past Wallaby and All Black players who spent their down time studying in preparation for life after - Brendan Cannon earned a business degree while playing, Snaky Smith is a solicitor, Doug Howlett has a couple of degrees, Bret Robinson is a surgeon ... . (Interesting to find Will Carling has a degree in psychology; Andrew Strauss has a degree in economics; Welsh centre Jamie Roberts has a couple of degrees, is a doctor en route to orthopaedic surgeon); Victor Matfield has an accounting degree; Bryan Habana has a BSc in IT; and Welsh captain Alun-Wyn Jones has a law degree).
RUPA is now a member of a wider program encouraging academic and vocational study which apparently has a high participation rate, it's been a long time coming though.
I assume highly paid team sportsmen now attend plenty of workshops arranged by their clubs with advice on how to better deal with their lives, personally and financially. They all have managers who presumably do the same for their 20% (although my son's mate had Our Your Quadie for a while - he had big wraps on himself but he simply did not get it) and their families are not all toothless Centrelink bogans lounging about drinking bundy and coke all day, who have a role in guiding them.
Apart from the obvious dangers (when you're in the money you have lots of friends, including smooth talking salesmen with over-priced luxury home units off the plans and "professional" furnishers to fit them out at a monstrous cost with fine looking items having a real worth of about $25,000, top end cars and Guyanan choko plantation shares) I would guess that there is a fair bit of "you cannot tell me what to do!" and "simply will not listen" ... a rampant ego with no brains leading to zero savings and no income to pay the huge body corporate levies, council rates and annual vehicle registration.
I am reminded that the estimable Robbie Deans in his first few days with the Qantas Harmless Wallabies counselled them "This fabulous opportunity can be all over in a very short period" and they did not bother listening right from the jump.
** Jamie Roberts went to school at Ysgol Gyfun Glantaf and Ysgol Y Wern but you all knew that, didn't you?