Bunch of former NFL players (No Jets) caught scamming Health Care Plan

[Sarge4Tide]

Interesting and sad

 

[Fantasy Island]

15 minutes ago, Sarge4Tide said:

Interesting and sad

 

Health insurance companies been doing it for years, push.

[#27TheDominator]

These guys were applying and getting money for hyperbaric chambers and cryotherapy machines, while regular camp fodder guys are probably having trouble paying for their arthritis medication.  This sh*t is ****ed up.

[New York Mick]

The guys that didn’t make money I could see taking a chance but Portis had to of made millions. 

[Beerfish]

 

[#27TheDominator]

24 minutes ago, New York Mick said:

The guys that didn’t make money I could see taking a chance but Portis had to of made millions. 

I'm sure Carlos Rogers did too, but Portis is famous for being defrauded of millions by "financial advisors."  

[JTJet]

54 minutes ago, New York Mick said:

The guys that didn’t make money I could see taking a chance but Portis had to of made millions. 

Portis famously lost his entire fortune. 40 mil down the drain. He almost killed someone after he went bankrupt.

[New York Mick]

6 minutes ago, JTJet said:

Portis famously lost his entire fortune. 40 mil down the drain. He almost killed someone after he went bankrupt.

Dominator already pointed it out. Now it makes more sense for him to be involved as well

[Sperm Edwards]

3 minutes ago, JTJet said:

Portis famously lost his entire fortune. 40 mil down the drain. He almost killed someone after he went bankrupt.

I know the NFL hosts mandatory seminars for rookies about being careful with their money, but even though it's theirs to do with as they want, the sad reality is many of them would be better off if a lot of it was held in trust for them like children. Like a sliding scale of how much is withheld for their retirement like social security was designed to do, except the money is still paid out now in the players' names; they just can't touch it until later. 

Problem is they can't because It's their money to do what they want with it -- include losing it all like Portis,  plus the likes of Sprewell, Brunell, Schilling, Holyfield, Iverson, Sapp, and countless others across big money professional sports. It's just a wasteful shame that in such a relatively short amount of time so many have blown through money that they and 3+ generations of family should have collectively been unable to spend. 

[Jetsfan80]

43 minutes ago, Sperm Edwards said:

I know the NFL hosts mandatory seminars for rookies about being careful with their money, but even though it's theirs to do with as they want, the sad reality is many of them would be better off if a lot of it was held in trust for them like children. Like a sliding scale of how much is withheld for their retirement like social security was designed to do, except the money is still paid out now in the players' names; they just can't touch it until later. 

Problem is they can't because It's their money to do what they want with it -- include losing it all like Portis,  plus the likes of Sprewell, Brunell, Schilling, Holyfield, Iverson, Sapp, and countless others across big money professional sports. It's just a wasteful shame that in such a relatively short amount of time so many have blown through money that they and 3+ generations of family should have collectively been unable to spend. 

 

The type of personality that's willing to risk their bodies and play such a violent sport at the highest level also correlates with a personality type that takes risks with money with a "YOLO" mindset.  

We all say we'd be more careful with our money if we were pro NFL players.  Well, that type of forethought, planning and, frankly, being geeks/nerds who post on a message board, are exact reasons WHY we never would have made it as NFL players, on top of not having the physical gifts necessary to do so.  

[#27TheDominator]

1 hour ago, Sperm Edwards said:

I know the NFL hosts mandatory seminars for rookies about being careful with their money, but even though it's theirs to do with as they want, the sad reality is many of them would be better off if a lot of it was held in trust for them like children. Like a sliding scale of how much is withheld for their retirement like social security was designed to do, except the money is still paid out now in the players' names; they just can't touch it until later. 

Problem is they can't because It's their money to do what they want with it -- include losing it all like Portis,  plus the likes of Sprewell, Brunell, Schilling, Holyfield, Iverson, Sapp, and countless others across big money professional sports. It's just a wasteful shame that in such a relatively short amount of time so many have blown through money that they and 3+ generations of family should have collectively been unable to spend. 

Iverson does have a deal like that.  Reebok pays him like $800K a year for life and he has a $32M trust fund he can't touch until he turns 55. 

[Apache 51]

 

[Sperm Edwards]

21 hours ago, #27TheDominator said:

Iverson does have a deal like that.  Reebok pays him like $800K a year for life and he has a $32M trust fund he can't touch until he turns 55. 

I couldn't remember who it was but knew it was someone (someone famous). I think his agent set that up behind his back and never told Iverson until after he was bankrupt. Or the agent just buried it in some papers Iverson signed without reading. Something like that. Lucky for Iverson.