Mark Brunnell blew thru $50million

Discussion in 'Pro Sports' started by JP4CY, Nov 1, 2011.

  1. JP4CY

    JP4CY Well-Known Member

    Dec 19, 2008
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    Sommerset
  2. Wesley

    Wesley Well-Known Member

    Apr 12, 2006
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    Envr Engr/Program Manager
    Omaha
    Add TO to the pile of unemployed. Wait, he has an offer to play arena football. That should give him $50k a year.
     
  3. jburke

    jburke Well-Known Member

    Apr 11, 2006
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    Think again arena players get $300+ a game, at least that is the barnstormers....
     
  4. LindenCy

    LindenCy Keep and Pride - It works
    Staff Member

    Mar 19, 2006
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    Chicago, IL
    I think TO was offered a special offer of 250k, but yeah, arena league guys make very little if in the lower levels.
     
  5. cybsball20

    cybsball20 Well-Known Member

    Nov 26, 2006
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    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?
     
  6. Cydkar

    Cydkar Well-Known Member

    Apr 12, 2006
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    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.
     
  7. Clonefan32

    Clonefan32 Well-Known Member

    Nov 19, 2008
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    Wait, Mark Brunnell has made 50 million dollars?
     
  8. Go2Guy

    Go2Guy Well-Known Member

    Mar 18, 2006
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    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
     
  9. 247cy

    247cy Well-Known Member

    Nov 14, 2006
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    Too lazy to click the link and read the article...assuming coke and strippers. $50 mill? that's a lot of coke and strippers.
     
  10. Cydkar

    Cydkar Well-Known Member

    Apr 12, 2006
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    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.
     
  11. acgclone

    acgclone Well-Known Member

    Feb 21, 2007
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    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. jbhtexas

    jbhtexas Well-Known Member

    Oct 20, 2006
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    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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