#athlete-finances

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National Basketball Association
fromComplex
2 weeks ago

Sebastian Telfair Says Making $1 Million a Year 'Ain't No Money'

Sebastian Telfair earned roughly $20 million in the NBA but reports that taxes, obligations, family support, travel, and poor financial choices left him with little lasting wealth.
Careers
fromFortune
2 weeks ago

U.S. Olympic gold medalist track star went from $200,000-a-year sponsorship to $12-an-hour internship | Fortune

Olympic champion Lauryn Williams transitioned from high sponsorship income to low-paid internships and white-collar work due to scarce post-Olympic sponsorships and poor financial outcomes.
Parenting
fromSlate Magazine
1 month ago

I'm About to Be a Professional Athlete-With the Paycheck to Go With It. My Dad Claims I "Owe" Him.

Adult athletes do not owe parents repayment for normal child-rearing; establish firm financial boundaries and legal protections before receiving professional earnings.
World news
fromwww.theguardian.com
4 months ago

People's opinions aren't going to pay me': Ireland's Shane Ryan on his decision to join Enhanced Games

Shane Ryan, an Irish Olympic swimmer, will compete in the Enhanced Games that permit performance-enhancing drugs to earn prize money and secure his financial future.
fromFortune
4 months ago

U.S. Olympic gold medalist track star went from $200,000-a-year sponsorship to $12-an-hour internship | Fortune

"There's this misconception that because I'm the first to do this thing-and still no one else has done it-that I'm booked all year long for speaking engagements," she told CNBC Make It. "I get things here or there, but I can't make a living from it."
Business
Women
fromFortune
5 months ago

From borrowing her mom's credit card to a $1.5 million net worth, WNBA star Paige Bueckers wasn't prepared for 'super fast' NIL financial jump | Fortune

Paige Bueckers rapidly converted NIL deals into significant wealth after college, transforming from financial dependence to an estimated $1.5 million net worth.
Women
fromwww.theguardian.com
6 months ago

Women's Rugby World Cup's brutal reality: Samoa players fundraising costs

Many athletes in the Women's Rugby World Cup face financial difficulties, with some fundraising to cover personal expenses while competing.
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