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Millionaire Athletes Going Broke

I just recently watched ESPN’s 30 for 30 series titled “Broke”. Essentially it is a documentary on athletes who have made hundreds of millions of dollars but are flat out broke.  I am by no means a financial expert, but feel that I could give wise counsel to almost all of the situations discussed. This counsel wouldn’t come from me, but would come from God’s word. Had these athletes followed a biblical worldview of handling their finances, I believe their lives would look completely different.

Let me preface this by saying that I am not trying to come off as judgmental (I know I’ve made my fair share of mistakes and my mistakes don’t show up on Sports Center or USA Today!)- my intention is to show that God’s word is applicable not only to the average “Joe” but to everyone- regardless of income, status, job title or lack of job title. Here are a few thoughts that stuck out to me from watching the show:

  • As an athlete, one of the most humiliating things you can say to an opponent is that you “own” them. It means that they are inferior and that they call the shots. An overriding theme of this documentary was athletes being owned by debt.

 “Just as the rich rule the poor, so the borrower is servant to the lender.” Proverbs 22:7

  • Seeking counsel seemed to be another theme in these athletes financial demise. They either didn’t seek counsel or they sought counsel from people who were self serving.

“The way of a fool is right in his own eyes, but a wise man listens to advice” -Proverbs 12:15

 “The thoughts of the righteous are just; the counsel of the wicked are deceitful.” – Proverbs 12:5