Whether your a baseball, football, or basketball fan this time of year is an exciting time. NFL draft is around the corner, the NBA season is in playoff form, and MLB is in full swing. No matter what sport you like or follow the same issue is always talked about. There is a ton of money in professional sports. There is a lot of money transacted in signing bonuses and salaries. The Major League Baseball league minimum salary is approaching $500,000 – far from fast food employee minimum salary.
Ed’s passion began with his drive to help athletes stop losing their wealth. The SI article, “How (and Why) Athletes Go Broke” was the single most read SI article of all-time. ESPN produced a 30 for 30 short film titled “Broke” (based on the article) directed by Billy Corben.
With this brand-new generation of athletes now in the fold, the issue of millionaire athletes ending up broke in retirement isn’t really getting much better; in fact, it’s even worse. Because the issue won’t disappear, Ed passionately speaks up about the mistakes of personal financial investments, living within our ways, the REAL expense of living and what the United States Govt isn’t informing you, and how YOU can develop wealth and test the wellness of your portfolio … and even simply beginning one!Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Les Norman’s radio show to discuss managing your money regardless if your a professional athlete or not.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
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Tags: 30 For 30 (TV Program), broke, chapwood investments, ed butowsky, ESPN (TV Network), Financial Adviser (Profession), money, Professional Sports (Industry), salary, sports, wealth manager