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PF Francis Folefac (MD) Portal from Siena
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[QUOTE="Red Holzman, post: 5749909, member: 7255"] That's what I was getting at w/my post. They and their agents live in the moment/go for the max -so where will they end up in 10-15yrs? What pct. will actually have managed their NIL responsibly to invest/grow the assets to have a good life/career? Do any programs and/or their whale donors provide financial guidance to these newly-minted teenage millionaires? If I provided huge NIL, I'd want to see some effort made to advise/help the kids manage it responsibly. Assume that many players may come from backgrounds having no perspective in that regard. Hopefully programs/donors try to help the kids make responsible financial decisions vs. blow it on exotic cars and stupid stuff. Theirs to spend, but ideally the $ helps the kids build and lead a better life vs. wasted on foolish things, gone by age 30. [/QUOTE]
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