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More than 15% of NFL players go bankrupt within 12 years of retiring

Fascinating ..... Full Article WRITTEN BY Max Nisen@MaxNisen National Football League players have a strange earnings pattern. They make a ton of money up until the age of 30 or so, then have much lower income for the rest of their lives—the opposite of most workers. A player who makes it through six years in the NFL earns more than a typical college graduate does in a lifetime. But they go bankrupt more often, and more quickly, once they retire. Researchers from the California Institute of Technology, the University of Washington, and George Washington University took a look at all NFL players drafted from 1996 to 2003,…

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Fascinating …..

Full Article WRITTEN BY Max Nisen

National Football League players have a strange earnings pattern. They make a ton of money up until the age of 30 or so, then have much lower income for the rest of their lives—the opposite of most workers. A player who makes it through six years in the NFL earns more than a typical college graduate does in a lifetime. But they go bankrupt more often, and more quickly, once they retire.

Researchers from the California Institute of Technology, the University of Washington, and George Washington University took a look at all NFL players drafted from 1996 to 2003, from their entry to the league up to their first 12 years after retirement, to find out more about when those bankruptcies occur.

Here, from their new National Bureau of Economic Research working paper, is the researchers’ model of a median NFL player income profile:

 

Tuck to Launch Digital Excellence Program for Minority Entrepreneurs

Delivering the tools for businesses of all sizes and backgrounds to thrive in the digital landscape. The Tuck School of Business at Dartmouth announces the launch of its inaugural Digital Excellence Program for Minority Entrepreneurs, sponsored by Google. The program aims to provide entrepreneurs from minority and underrepresented communities with the skills and knowledge they need to leverage digital technologies to grow their business. The Digital Excellence Program for Minority Entrepreneurs, developed by Tuck and hosted at Google’s Cambridge, MA office, takes place June 8-10 and will be led by Tuck Strategy Professor Alva Taylor. A second iteration of the program is…

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Delivering the tools for businesses of all sizes and backgrounds to thrive in the digital landscape.

The Tuck School of Business at Dartmouth announces the launch of its inaugural Digital Excellence Program for Minority Entrepreneurs, sponsored by Google. The program aims to provide entrepreneurs from minority and underrepresented communities with the skills and knowledge they need to leverage digital technologies to grow their business.

The Digital Excellence Program for Minority Entrepreneurs, developed by Tuck and hosted at Google’s Cambridge, MA office, takes place June 8-10 and will be led by Tuck Strategy Professor Alva Taylor. A second iteration of the program is planned for September 2015.