Players are eligible to receive funds from the pension at 55, the NFL’s age of retirement. The new CBA also outlined a 25% increase in Medicare supplement benefit to players over 65 and a plan to establish a program that guarantees former players without insurance receive mental health s...
The stats bear this out. According to a 2009Sports Illustrated article, 35 per cent of National Football League (NFL) players are either bankrupt or are under financial stress within two years of retirement and an estimated 60 per cent of National Basketball Association (NBA) players go bankrupt...
There’s no age limit for retirement, and it’s fair to assume many players don’t want to retire from playing basketball. After all, they’ve poured their heart and soul into the game. Aging and physical decline Unfortunately, there are a few reasons why a player is basically forced to...
An NBA referee salary is earned by spending 25 days on the road for eight months during the year. If you’re lucky enough to be selected for a coveted play-off job, it could be longer. Job duties include reviewing the rules with the players, introducing the team, communicating with coach...