WEEI>Audio & Video on Demand>>Athletes need to surround themselves with better people to avoid going broke

Athletes need to surround themselves with better people to avoid going broke

Get Adobe Flash Player to see this content.

Wed, 3 Oct 2012|

D&C chat about the ESPN 30 for 30 documentary, “Broke,” which covered how numerous athletes lost their money. They touch on who had the saddest story of how they lost their money, which athlete had the best advice, what was the overall theme of the documentary, and what was the stupid investment idea athletes were approached with. They also talk about how it could have been better and question why ESPN chose the athletes they did to include in “Broke.”

+

Tags:

  1. Travis Henry7:06
  2. Bart Scott1:16, 5:19
  3. talking head1:04
  4. Cleveland Browns4:10, 8:56
  5. Sean Salisbury2:26, 2:41
  6. Jimmy Fund14:52
  7. Cliff Floyd5:30
  8. Chris Collins2:21
  9. Herm Edwards5:55

Related Audio:

  1. Shawn Thornton on D&C: Still anybody's series

    Audio

    Wed, 19 Jun 2013

    The Bruins have looked quite good taking a 2-1 lead on the Blackhawks, but Shawn Thornton says the team is not getting ahead of itself. Thornton also talks about what makes Patrice Bergeron such a great player and teammate. He also squeezes in a few shots at his friend Keegan Bradley.

    boston bruins found at 7:57

    you were wearing a Bruins sweater would you hate playing against the Boston Bruins . I'd probably would be very frustrating aspect. The way they're built in. A political problem that younger sister -- so yeah if
  2. Keegan Bradley joins D&C live at the Travelers Championship in Connecticut

    Audio

    Wed, 19 Jun 2013

    Keegan Bradley hopped on the set in Connecticut with D&C to talk some golf, but seeing as how he's a big Boston sports fan, the interview covered a lot of ground. You can hear Keegan talk about the Bruins' Cup chances, the Doc Rivers deal that almost was, and Shawn Thornton's lacking golf game.

    doc rivers kevin garnett found at 8:54

    fan and that's boards than you are you. Do you want this Doc Rivers Kevin Garnett deal to go through start to rebuilding process that you want to get the last ounce of whatever they get left out
  3. SI's Michael McCann breaks down the Aaron Hernandez situation

    Audio

    Wed, 19 Jun 2013

    Legal expert Michael McCann joined D&C to take on the topic of the day: Just what exactly is happening with Aaron Hernandez? McCann addressed Hernandez' lack of cooperation in the investigation so far, and how that may play out as the case moves along.

    don't cooperate found at 3:07

    of the question. That in terms of his silence it's important the United States Supreme Court earlier this week said that unless you express police state. You're right it's did not answer questions you're silence can be used against you then during an investigation I'm sure his lawyer has told them that. And I and I think it's sort of the new tricky area a lot of words you don't cooperate with the police. Here's silence can be seen as something adverse to your legal rights. And if in fact you try to
  4. A plethora of pressing topics in Boston sports this morning

    Audio

    Wed, 19 Jun 2013

    Just what's going on with Aaron Hernandez? What's in the box? Are Doc and Danny going to make up? Are the Stanley Cup finals over? D&C opened the show hitting all of these topics and more.

    ray lewis found at 4:28

    doesn't work that way for most people -- and this is not Ray Lewis . My big the big question maybe you can help you guys. What's -- the -- What's in the box cops or the
+

Automatically Generated Transcript (may not be 100% accurate)

Six plus 777 -- 0852038885250. It -- to get back to your phone calls in just a second a fascinating idea jerk Taliban's idea. Yes I guess who was always one Indiana. Find it fascinating how these guys can go through that much money off and I always wonder how well I know. We all know on the make it -- at a club would you like to see like. I think -- under arise and whereas on walker you better example. I don't for a week yes to see in on how much tips to see how much he loses how -- you don't -- was what he spends it on the show. I think -- -- announces receipt Tug -- Awake now might have a rise in -- and you look -- 5000 those on the floor as OJ you know the pocket and is 7500 hanging out of their pocket. And you reaching your pocket you forget this 5000 in this pocket he forgot about it that's like me with a dollar -- my -- and -- -- this it was a fantastic show I I did have a problem with the format at one of them slowdown and kind of it was -- Weis is too much like us talking head after the other and it's like. Great show for ADD America what. If you can't I want him to focus on one final five minutes and just went from one boom boom boom -- in oral history and Bart Scott was the voice of reason by Scott who's very good very articulate and I don't think has long known as Martin says nice and calm him but if you wanna focus on one guy what did you do with your money right -- other than -- rise induces more on. Amendments some of these guys separately on secrecy pretty Smart -- -- seem like any blue laws money in the Andes would start explaining Tia and wine. And and that won't go to someone else. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Torture is your little -- to Reich you know and and and you because you -- a big guy. Pick up the check Applebee's for like twenty years you are or. Under residents and you know go to his eyes on -- forty people. And then go to strip joint and he wouldn't even everyone was on him every but he was stricken on him while Chris Collins in the -- it's. You know 5060000. Or shots at Sean Salisbury at the time I want us -- great question because it was a backup quarterback. But authorities -- actually says American Express one month it was a 102000. Dollars. I mean I -- Big drinker and an -- nuts but Sean Salisbury Biloxi should be that seem like rarefied air which one doesn't belong -- definite -- an air shall rise and this moron talk about blowing as money. He -- no hold club they can you even made my right hand man. Stand at the door look at them like you know -- just spent. I'm like no instrument to through greater -- you know I'll be laid out and and it knocked out. You know 101000 dollars -- floor. I got another 5000 -- pocket you might find another send 500 in the Kobe talk about the mortgage you to cook 101000 we've. Some nights fifteen. If you spend. So much money where -- have any money doing all season. There's been too much money tree and a one point time out was being way too much money. Do ten to 151000 a week clubbing club did you feel sorry for any of these guys. The closest second was -- the I was shocked but too many -- because it was the most compelling figure in the whole thing in August 1 of anybody -- the world sound florist so I was assumed. He was a really Smart guy he was a real Smart guy and it was -- innings one of these brain obviously didn't have the best tools. Which is the real Smart. Football player. And he was a mess he is a mess and it was like he's broke first law. And he got ripped off by his parents grandmothers fathers and they -- Cleveland Browns gave his father million dollars. Andy and Andy sounds like you're gonna -- in these happy. With that he went bankrupt now no -- Not trying to get money from -- mentally to believe they leave it alone when you go bankrupt back to rise and if you want to rush of forty and have a right hand man is a sign that -- that -- -- on the right hand man we spent. 151000. A week and a well you're -- right hand man -- Democrat Hillary weren't you arrived minutes into the show us and you. Reagan comics. That you know it's it's not like I know some guys were fleeced by you know. Agents and diving cutting black agents. And -- friends family I know that I feel bad that some of them you know that a friend or close or relatively close. Who says you -- a great idea -- analysts and and they that's too bad. When they get the power when combined five or six cars there in combined three of four house when their. Making it rain and strip clubs and bring in 4050 people up for -- now. That run on you brother run out of compel you write that point -- -- coast are without question looked the other Bart Scott came across as. The voice of reason this whole thing a very good in Russia who ends and although he has not. Gone bankrupt noise to 4740 million dollar deal once we're smog and lost all the money like Cliff Floyd. Yeah let's say you seem like a Smart guy why did you do that they just not dominant and they thought it was of all like turning got to tap and outcomes and turn off the -- -- -- again here comes do you think now that they will these leagues we'll show this one hour. An hour and a half. This document triggers a visit this don't have documentary to the rookies to shoulder either right just right before Herm Edwards gets there -- centers. Hurdles Wright -- was I thought that the arms grade that's -- that it should do and that's that he does you know it is not the best advice in the simplest advice he gives. With one heels of the one finger incident. One car one house is -- 101. Girl. If you. Took his advice your rookie here is dot tell gently gentle gender known -- -- took his advice do you think you'd get in trouble if you. It seemed like Max -- access. And if you just took. I would combine because I was advice please for a couple years the bank a year ago in adults sit down with their cousins friends and and talk about own notes schemes. And investments. Put in the bank. By one. One house this in the top one -- though that's one girl -- one's life and the rest of it in the bank you know I can assure the fact you're gonna have your fifty million dollar signing bonus when you're retired -- fifty million dollar signing bonus in the bank account for 45 of in the thank you -- -- in five at the Dubai gonna lose it. It's insured. About that in the middle of little Travis Henry. Really feel bad for him and nine kids with nine women and he's busted hard to -- and there was the somewhat comfortable with the twelve with. Oh -- Evander Holyfield of one -- more Holyfield and only probably declined to be interviewed. But the freedom house with two bowling alleys and as a manager Shelly Finkel says. Why he while it was 5252000. Square foot house is one we cut this half. The cut in half it's a massive manager. If you cut in half you have one bowl now instead of two and at what point do you say this isn't enough -- twelve car garage is not enough. We -- six is not a company twelfth which -- -- to bowling alleys no ideology -- it one. But but we just saw the -- like an auction of it refine any one by. Anyone -- seventy rooms right at 77. Or distort market if you pray that if you had Zuckerberg money which you have any interest -- Sony owns all alleys between 2000 once again they think it's ace ticket and you turn it on and the money is gonna flow for ever and it doesn't -- birdie costar who looked the worst of anybody talking about this was gonna set. This is a family member in the show at the table kitchen to it would bother you little house and the father. Fleeced of yeah. I wanted to get an agent present -- the money the football employees so we can all kind of coexist. But. My family they wanted to represent me they want attitude. To manage the money -- father. He didn't really have a job he would after the mills have closed. There wasn't a lot of opportunity. I knew with my side -- she's paying off as mortgages. And and pan off -- a house and cars and things of that nature. But Diaz I tend to find out little Blair that the the Cleveland Browns also. Cut a contract for my father who got a million dollars. Want more on on this shouldn't have gone shouldn't the guy who put this -- an ugly win. On the grounds that it is this true I want to -- his fall from Lima was in -- money. -- to raise his father was a culture and do whatever you know probably he signed power returning over to his father all right you know it follows that in a million here poppy always tries father and you know bad divorce these fat things like sweating. Look like Noriega and you could look like what's his face from his father earliest in Lubbock oh yeah yeah that's all under rise and that gets us into the realm of bad business ideas on the. Burned before. And you've got thirty Germantown and over again -- of frozen drink place. We can get just about right here on the more you drive times but prime location. Does do. -- -- -- Unlike the women have placed into. Such a more on the wire yeah like you said a field that some of these it's CC goes -- Whatever guys like shield from build the business Schilling is in this and talks about it. But. Russian -- -- money sound -- and release a less left that Lopez. Or how else to in the sense that on the show that they show host and an element of the ground burned. But it was two guys guys guys you felt kind of bad for guys. Who did. -- there were three interesting business propositions the lost everybody involved all their money the frozen drink thing which compared to the final two halves in quite a ST tell us let's listen to this and about the eight a. I got this one investment -- from this football player. And it was a for a tomato farm. So what why do we want a dozen tomatoes says Ed. Everywhere you go there or tomatoes there's tomatoes and everything this guy whose friends of a friend. Has designed a way to grow the biggest tomatoes in the world -- that tomatoes this big. We consulted -- everywhere that they are so big we're built us a lot more of -- company -- said there's tomatoes and ketchup and everyone -- catch up. Get. Yourself more about yourself you're tomatoes that there's a huge and do you really have to be -- -- yes that lesson of that are right those two are brilliant compared to discipline the -- lost their money in the says this is. It's came to you. And said -- meter shots I got an idea for -- let me run this by you and it sounded like this. Have one client who came to me and said that he was approached by a friend is zoom yeah eight and this is actually very humorous exits TV genius -- areas that flood often. Why don't you take something we can put the furniture and in this plastic blow it up. And if wolf what -- Your furniture would float down the river unharmed and you can pick it up somewhere down the road is what you would be protected but he was opposed to invest in the. -- way to what's the question is did he invest and it didn't -- -- -- -- isn't their limit that -- he he he really have to be. Advised not to do about to do that and human nature publisher moron like rise and mean don't know what it is it's the people you surround yourself the people try to present your best for your wing man up put your father or your father thought that one guy's father's rip them off and then they went to the divorce. Total cost of the divorces. And -- and Greg Norman blows everyone away and Jordan Jordan Jones out there but some of them -- not huge money but they get they lose a lot of money -- -- divorces. But but it is and you said it best liked the one. She is investment advisor financial advisor said -- you know put money in the bank or buying mutual trust not sick dogs -- wanna own clock great point and -- Go broke old go bankrupt these clubs they'll wanna -- sick to your right hand man and your entourage does don't look up to you and say. Hole which many mutual fund that's awesome and cool hole and and the -- now let's buy a club called liquid delta offers on stuff like that Tom. -- And and my favorite part though and -- these guys didn't know that. Tax came out of the check should I -- these Obama supporters mostly say we mean to take half my money the guy I don't remember was said to look. At the check in the look at for the rest of yet with the rest of it's only have my money government has a different. Follow a way when I go to get it back if it's it's gone and there and they don't pay their taxes elect the CX one of these guys said. His advisors said I'll take care of the IRS and 60000 dollars -- check. And he he wrote a check to his advisor you pay my taxes five years later than -- -- is long gone hasn't seen him. The IRS is -- the -- Because he knows whenever he says I pray that they said no you didn't know you didn't know his support and he's in trouble and that list at the end was -- and yes bombing with the -- they showed. On a graphic rolling graphic the the all the guys have gone back yet and it just goes forever. And on Dennis solar some weird names on them why some of you say it's it's a football player -- Salisbury he would make that much money. Other guys is -- -- like walk a hundred million. Diego is right -- a lot a year. Ago. -- will take a break Borger phone calls -- we get back the patriots dolphins VIPs sideline passes for Miami December 2 game suite accommodations in Condo not to. InterContinental Hotel. And out roundtrip airfare courtesy of American Airlines is at one ansari thirty. 100 dollars off the Jimmy Fund and -- the tiger's golf tournament will be back with your phone calls -- neutral sport slash Greg Bedard by the way joins us -- 805. -- will be right back.

Audio On Demand

Pete Prisco Tim Tebow can…

Pete Prisco Tim Tebow cant play

Pete joined the show to discuss Tebow's signing with the Patriots. He said that Tim Tebow cant play and that he has trouble learning NFL playbooks.

It Is What It Is Cast, Jeff Howe

On this episode of the It Is What It Is Cast, Chris Price talks with the Boston Herald's Jeff P Howe about the Patriots offseason, Rob Gronkowski's back surgery, Danny Amendola replacing Wes Welker, and how this seasons team will stack up against last seasons.

It Is What Is Cast: Injury Expert Will Carroll

In the latest edition of the It Is What It Is Cast, Chris Price talks with Will Carroll. Injury expert and lead writer for Sports Medicine, Bleacher Report. They talk about the injury to Rob Gronkowski and what his back surgery could mean for his season.

Jeff Van Gundy on Doc and…

Jeff Van Gundy on Doc and the Celtics

Jeff joined the show to discuss the rumors of Doc heading to the Clippers. Jeff said that he will not discuss his future but that his brother would be a great candidate anywhere.

Stephen A. Smith on Doc to the Clippers

Stephen A. joined the show to discuss the status of trade negotiations between the Clippers and the Celtics. Stephen said that it is a 50-50 proposition that Doc ends up in Los Angeles.

"Celtics Summer Cooler" With Sean Grande and Cedric Maxwell - Hour 2

Grande and Max take more calls on the Celtics and discuss what lies ahead for Doc Rivers with Steve Bulpett.

John Farrell postgame pre…

John Farrell postgame press conference

John Farrell postgame press conference

Jonny Gomes postgame with Joe & Dave after the second Rays game

Joe & Dave talked to the Sox outfielder, who pounded the ball out of the park to win the second game of the doubleheader against the Rays.

John Farrell postgame press conference

John Farrell postgame press conference

Shawn Thornton on D&C: St…

Shawn Thornton on D&C: Still anybody's series

The Bruins have looked quite good taking a 2-1 lead on the Blackhawks, but Shawn Thornton says the team is not getting ahead of itself. Thornton also talks about what makes Patrice Bergeron such a great player and teammate. He also squeezes in a few shots at his friend Keegan Bradley.

Pierre McGuire, NBC Sports, on the Stanley Cup Finals

Pierre McGuire joins Mut and Merloni after a Bruins win and discusses the play of Rask and the defense, the Hossa injury, and Jagr.

Tony Amonte, CSNNE: on Hossa injury

Tony Amonte calls out Marian Hossa for missing Game 3 and recaps the Bruins win.

Shawn Thornton on D&C: St…

Shawn Thornton on D&C: Still anybody's series

The Bruins have looked quite good taking a 2-1 lead on the Blackhawks, but Shawn Thornton says the team is not getting ahead of itself. Thornton also talks about what makes Patrice Bergeron such a great player and teammate. He also squeezes in a few shots at his friend Keegan Bradley.

Keegan Bradley joins D&C live at the Travelers Championship in Connecticut

Keegan Bradley hopped on the set in Connecticut with D&C to talk some golf, but seeing as how he's a big Boston sports fan, the interview covered a lot of ground. You can hear Keegan talk about the Bruins' Cup chances, the Doc Rivers deal that almost was, and Shawn Thornton's lacking golf game.

SI's Michael McCann breaks down the Aaron Hernandez situation

Legal expert Michael McCann joined D&C to take on the topic of the day: Just what exactly is happening with Aaron Hernandez? McCann addressed Hernandez' lack of cooperation in the investigation so far, and how that may play out as the case moves along.

Pierre McGuire of NBC Spo…

Pierre McGuire of NBC Sports analyzes the Stanley Cup finals

Pierre McGuire joins Mut and Merloni after a Bruins win and discusses the play of Rask and the defense, the Hossa injury and Jagr.

Tony Amonte of CSNNE discusses Hossa's injury

Tony Amonte calls out Marian Hossa for missing Game 3 and recaps the Bruins' win.

NESN's Andy Brickley previews Game 3 between the Bruins and Blackhawks

Andy Brickley joins Mut and Merloni in studio to take phone calls from the listeners and preview Game 3 of the Stanley Cup finals.

Bruins take Game 3, contr…

Bruins take Game 3, control of the series: Response and reaction

Salk and Holley break down a big Bruins win over the Blackhawks in Game 3 at the Garden.

An hour with Jack Edwards: Bruins look to take control of Stanley Cup finals

We talk all Bruins, all the time with the man himself, as Jack Edwards from NESN gets us ready for Game 3 and beyond.

Salk and Holley's Four at Four - 06/17/13

Four guys, four topics we haven't yet touched upon today. T.O. visits Ocho, Bob Costas has enough smarm for us all, stupid beauty pageant contestants and more.

Bernie Carbo

Bernie Carbo

Mikey gets a surprise call from Red Sox legend Bernie Carbo. They talk about old-time baseball and Bernie's new book.

Tom Bean and Luke Poling, producers, writers and directors of 'Plimpton!'

Mikey talks with Tom and Luke about their new movie, "Plimpton!" and finds out what it was like to try to encapsulate everything George Plimpton accomplished during his life.

Daily Planet, Friday May 31st

Today on the Daily Planet, the Red Sox and Yankees face off in the Bronx, Claude Julien doesn't want players wasting energy, and Dwight Howard and free agency.

Salk and Holley's Answer …

Salk and Holley's Answer the Question - 06/17/13

You ask, we answer. Today featuring NESN's Jack Edwards.

Salk and Holley's Answer the Question - 06/13/13

The new way we end the show. You ask, we answer.

Salk and Holley's Answer the Question - 06/11/13

You ask, we answer... anything!

Stephen A. Smith on Doc t…

Stephen A. Smith on Doc to the Clippers

Stephen A. joined the show to discuss the status of trade negotiations between the Clippers and the Celtics. Stephen said that it is a 50-50 proposition that Doc ends up in Los Angeles.

More from this show

Shawn Thornton on the Gam…

Shawn Thornton on the Game 2 win

Shawn joined the show to discuss the Bruins' OT win in Chicago. Shawn said that there was a heated discussion during the first intermission Saturday night in Chicago after the team's poor first period.

More from this show

Is Doc a goner?

Is Doc a goner?

The guys opened the show discussing the rumors regarding Doc Rivers being part of a deal between the Celtics and the Clippers.

More from this show

Minor Details Ep. 55: Xan…

Minor Details Ep. 55: Xander Bogaerts and Anthony Ranaudo

Both Xander Bogaerts and Anthony Ranaudo punctuated their strong 2013 seasons with head-turning events on June 13. On that day, Bogaerts, the Red Sox' top prospect, was promoted from Double-A Portland Pawtucket, with the 20-year-old becoming one of the youngest position players in the affiliate's history. On that same day, right-hander Anthony Ranaudo punched out 13 batters for Double-A Portland, the most strikeouts by a Red Sox minor leaguer since Jon Lester in 2005. They joined Minor Details to discuss both those accomplishments and their seasons to date.

More from this show

Mut & Merloni prank call …

Mut & Merloni prank call a couple of whiney, sensitive Chicago radio hosts

It all started when McNeil and Spiegel from The Score in Chicago called Boston people drunks and called Fenway a "dump." Knowing that McNeil and Speigel weren't interested in talking to them on air, Lou called in to their show anyway. At first they were afraid, but they finally succumbed to the pressure.

More from this show

Weei Writers