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Sean Salisbury is a Fox 4 contributor and a former basketball player. Patrick Ewing once said, “We spend a lot because we make a lot.” That is true for many athletes they get paid a lot, but for some it may be too much. Athlete over indulgence is the topic of the latest ESPN’s 30 for 30 documentary series as this episode leads off the season and its called “Broke”. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox 4 News to explain why you shouldn’t make fun of athletes that go broke, and help bring attention to the issues and the lifestyles that bring about this growing epidemic.
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.
Tags: 30 for 30, bankrupt, broke, documentary, espn, financial advisor, fox 4 news, money, professional athletes, wealth manager