Athletes
Swifter, higher, stronger – and poorer
VANCOUVER, British Columbia — Caitlin Compton won the 5-kilometer-freestyle title at the U.S. Cross Country Championships last year in Anchorage, Alaska, then flew home to Minneapolis.
The next day she was back at work. Cleaning toilets.
“I’m not too proud to admit it,” she says.
To get a break on rent, Compton cut a deal with her apartment complex [...]
25 Rich Athletes Who Went Broke
Athletes may boast eye-popping sports abilities, but when it comes to money, their inner klutzes come out. 78% of former NFL players are broke or financially stressed after retirement, and 60% of former NBA players go broke five years after retiring, according to Sports Illustrated. Broke athletes are practically an epidemic. Read about the 25 [...]
From the Court to the Sales Floor
So the act of retiring was simple: Go to your hotel in Eugene, Ore., take off your sweats and your sneakers, leave them behind. Don’t even shower. Change into street clothes, cab to the airport, call the wife and say, “Baby, I’m coming home.” Don’t even tell those folks from the tryout for that Chinese [...]
America’s Unemployed Olympic Hero
A behind the scenes look from Newsweek at the life many Olympians are faced with after the Olympics. Unlike other periods when athletes had to quit competition in order to live and get a job, sponsorships allow their sport to BE their job. But the down economy is being felt by even the most notable [...]
