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Here’s One Reason Why So Many Professional Athletes Go Broke

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AFRICANGLOBE - The story of a professional athlete going broke soon after their playing days are over – or sometimes even during their careers – is nothing new. In fact, a recent Sports Illustrated article suggested 78 percent of NFL athletes are either completely broke or under financial stress within two years of retirement. Think about that for a minute; statistically speaking, only one of your five favorite players won't go broke.

Meet Maverick Carter The Man Who Negotiated Lebron James’ Billion Dollar...

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AFRICANGLOBE - Everyone knows Lebron James the athelete -- Cleveland Cavaliers all-time scorer, winner of four NBA MVP Awards, two NBA Finals MVP Awards and two Olympic gold medals. But he is also a successful businessman, and one of his biggest endorsements is with Nike. There is almost always someone behind every successful person, and for Lebron James, that someone is his childhood friend-turned-business partner Maverick Carter!

Top 10 Highest Paid NBA Players Who Have Yet To Make...

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AFRICANGLOBE - Here are the top 10 highest-paid NBA players who have yet to make it to the NBA Finals. It takes a team of talent to make it to the NBA Finals. Michael Jordan never made it, until the Chicago Bulls got better role players around him. LeBron James left Cleveland in search of it. He found it in Miami and is now trying to do the same in Cleveland, by building a new "Big Three."

White America’s Hateful Obsession With Targeting Black Fathers

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AFRICANGLOBE - Every American should be celebrating that LeBron and Stephen are making fatherhood cool. James has talked at length in multiple venues about the joys of being of father and the pain of being fatherless. Stephen Curry has also let the world know how he is a proud father. But in our country, it’s more socially and politically convenient to continue to berate and belittle Black men as a whole for not being there for our children this is ignored

Michael Jordan, LeBron James And Sneaker Money

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AFRICANGLOBE - Imagine if Michael Jordan and LeBron James developed facilities to make marquee shoes in the inner city instead of in facilities in Indonesia where children under 16 are paid like “slaves.” With nearly $3.5 billion in combined sales, they’d rank second to World Wide Technology as the nation’s largest Black-owned business.

Lebron James Rakes In $30 Million From Dr. Dre’s Deal With...

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AFRICANGLOBE - While James was leading the Heat to a victory over the Indiana Pacers in the Eastern Conference finals, sources say the 29-year-old was finalizing what is believed to be the biggest equity cash payout for a professional athlete in history as part of Apple’s recent $3 billion purchase of Beats Electronics.

Lebron Never Said He Would Boycott If Sterling Stays As Clippers...

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AFRICANGLOBE - It should come as no surprise that LeBron James is not exactly on the same page as former teammate Roger Mason who was quoted as saying James was prepared to lead a players boycott of the NBA if Donald Sterling still owned the Los Angeles Clippers at the start of the 2014-15 season.

Lebron James: Why He Stands Out From the Rest

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Lebron James now has the ring he’s been seeking for a long time.  But there is another way in which he stands out from...
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