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    Mark Brunnell blew thru $50million

    Wow. That's some terrible, terrible investments to add up to $50 million.
    Jets Quarterback Mark Brunell's Catastrophic Financial Path | ThePostGame



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    Re: Mark Brunnell blew thru $50million

    Add TO to the pile of unemployed. Wait, he has an offer to play arena football. That should give him $50k a year.


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    Re: Mark Brunnell blew thru $50million

    Quote Originally Posted by Wesley View Post
    Add TO to the pile of unemployed. Wait, he has an offer to play arena football. That should give him $50k a year.
    Think again arena players get $300+ a game, at least that is the barnstormers....



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    Re: Mark Brunnell blew thru $50million

    I think TO was offered a special offer of 250k, but yeah, arena league guys make very little if in the lower levels.



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    Re: Mark Brunnell blew thru $50million

    It's really nothing different than something like what Donald Trump went through in the 90's. Alot of these guys got involved in Real Estate dealings that went bad... Not to mention, Brunnell has donated more than $15 million to charities over his career... You think he might want to get some of that back?



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    Re: Mark Brunnell blew thru $50million

    Put a few million in a few banks and then play/invest with the rest. Lose the rest and you still have a couple million left to slum it with.

    You don't have to be smart to be rich but it helps if you want to stay that way.



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    Re: Mark Brunnell blew thru $50million

    Wait, Mark Brunnell has made 50 million dollars?



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    Re: Mark Brunnell blew thru $50million

    Quote Originally Posted by Cydkar View Post
    Put a few million in a few banks and then play/invest with the rest. Lose the rest and you still have a couple million left to slum it with.

    You don't have to be smart to be rich but it helps if you want to stay that way.
    Yeah - another way of looking at it: "You're already wealthy, you don't need to grow that wealth, but preserve it"...

    I feel bad for this guy because unlike Barkely, Vick and John Daly, who blew their money on gambling and illegal behavior, Brunnell did legit things and wanted to start businesses. And donated a lot to charitable organizations


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    Re: Mark Brunnell blew thru $50million

    Too lazy to click the link and read the article...assuming coke and strippers. $50 mill? that's a lot of coke and strippers.



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    Re: Mark Brunnell blew thru $50million

    Quote Originally Posted by Go2Guy View Post
    Yeah - another way of looking at it: "You're already wealthy, you don't need to grow that wealth, but preserve it"...

    I feel bad for this guy because unlike Barkely, Vick and John Daly, who blew their money on gambling and illegal behavior, Brunnell did legit things and wanted to start businesses. And donated a lot to charitable organizations
    I don't feel bad for anyone who loses 50 mill unless there was a Ponzi scheme involed. Even then, diversify. What are the odds of hitting 2 Ponzi schemes?

    At worst put a million bucks under your mattress.



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    Re: Mark Brunnell blew thru $50million

    I have no sympathy for him. When you are wealthy as he was, why would you take the risk of opening real estate businesses and Whataburger franchises?

    When you've reached a certain level of wealth, you need to realize that your #1 goal should be to defend said wealth in a low-risk, diversified portfolio.



  12. #12
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    Re: Mark Brunnell blew thru $50million

    Quote Originally Posted by acgclone View Post
    I have no sympathy for him. When you are wealthy as he was, why would you take the risk of opening real estate businesses and Whataburger franchises?

    When you've reached a certain level of wealth, you need to realize that your #1 goal should be to defend said wealth in a low-risk, diversified portfolio.
    Yeah, what a jerk. I mean, trying to start small businesses that would create jobs for other people during a period of high unemployment. Who does that???


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