Sports Professionals and Sport-specific age limits and limitations
Am I too old to continue playing? When should I retire? These are some of the main questions that all athletes ask themselves at a certain stage of their careers.
Am I too old to continue playing? When should I retire? These are some of the main questions that all athletes ask themselves at a certain stage of their careers.
An athletic career in professional sports entails taking important decisions that affect both your professional career, as well as your personal life.
The end of any playing career is a bittersweet, overwhelming moment, as athletes have to give up the life they enjoyed for years: training schedules, travels and competing in front of big crowds.
Professional athletes in the National Basketball Association and Major League Baseball were studied for a ten-year period, by researchers at the University of Missouri, who established that the so called “contract-year effect”, in the sport world, can actually be proven scientifically.
March 1, 2020 Professional athletes dedicate their lives to sport and make a lot of personal sacrifices to pursue their athletic dreams. Usually ageing is not kind to athletes, as it impacts their performance negatively and it is a signal that their days of...
Just like any other business, franchising requires a serious commitment of both money and time. Before buying a franchise, athletes need to consider all the pros and cons of owning a franchise in order to decide if the franchising option is the right one for...
Becoming a successful entrepreneur and building your own business from scratch, during or after the end of your athletic career, is definitely something admirable. But that shouldn’t be your endgame. If you can combine your commercial skills with social issues, you...
When preparing for your future outside of sport and trying to figure out how you will financially support yourself and your family after retirement from sport, you will have a few major decisions to make. One of the most important decisions you will have to make,...
Is entrepreneurship right for you? In your post sports career you will have to decide between two main options: Becoming an employee or an entrepreneur. There are two main ways of making money; employment and entrepreneurship, working for yourself or working for...
While professional athletes perform the job they love earning thousands and millions, when it’s time for them to retire they find it difficult to decide what to do next in terms of employment. They may transition their career to either being employed or to...
Retirement is one of the few certainties you will face in your athletic career. Unfortunately, research shows that athletes are often unwilling to plan in advance for their post sport careers. The transition to a post sports career becomes even harder...
Professional athletes are considered to be by nature mentally tougher than other people, due to the hard work and devotion to their sport in their everyday life. Professional athletes have also dedicated their lives to sport and made personal sacrifices to...
Financial setbacks and difficulties are something that all of us encounter at some point of our lives. To be able to deal with these challenging financial situations, we all try to draw upon our experiences and strengths in order to bounce back as quickly as...
One of the huge topics of discussion within the Sports Financial Industry and among professionals is the Financial Failure of Athletes. There are many professionals dealing with this subject and there are numerous articles and publications that provide advice...
by Debra Russell As an athlete, you have a distinct advantage when it comes to financial challenges or failures – that is, if you remember the lessons you’ve learned from your sport. There Is No Failure, Only Feedback! As a successful athlete, when you have...
Financial failures and setbacks are unavoidable in life. It is true that, we all had that time in our life that we had our financial hardships, sometimes mild and sometimes severe. What we have to realize is that no one is perfect! It is a fact that the most...
You must agree that being able to afford your dream life is an incredible feeling. Imagine having plenty of free time to live life on your terms and at the same time being able to help the people who are important to you. Goals define the action you must take in...
It is often being said that money is the most important thing in the world. Is money really as important as some people believe or should we consider them simply overly-materialistic? This is not necessarily true. Money itself, paper and coins are not important....
Young athletes and the people who surround them make lots of personal sacrifices, for many years, in order for an athlete to gain professional status and be able to play sports for a living. Becoming a professional athlete can bring you fame and money, according to...