Helping Athletes Keep Wealth
This years' Major League Baseball's minimum salary is at or approaching $500,000.00. Unfortunately, It's much simpler to lose than you can believe. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Les Norman's radio show to examine if professional athletes signing bonuses are to high, or is it as simple as passing regulation to mandate education for incoming athletes? Would taking measures against these take an athlete's flexibility in the open market of professional sports?