Money Smart Athlete Blog

The growing problem of mental health

May 4, 2022 | Mental Health

By Niovie Constantinou, Contributor

Mental health has become a major topic globally, particularly due to rising conditions, with social media and COVID-19 as factors. The increasing use of online platforms has shifted communication habits, causing people to focus more on virtual connections than real-world interactions. People now constantly seek stimulation, worrying about their online presence, neglecting mindfulness and genuine human connection. The pandemic has worsened social isolation, causing even more immersion in social media, contributing to the 25% rise in anxiety and depression in 2020.

Mental health issues such as depression and anxiety are often not visible like physical injuries, but can be just as limiting. These conditions make everyday activities harder, especially for athletes in the public eye with competitive careers. Athletes are expected to be resilient, pushing through any obstacles, which often leads to ignoring mental health struggles. As soccer player Leeann Passaro stated, “weakness is not a part of being that athlete, of being elite, of being the best.”

Up to 35% of elite athletes suffer from mental health issues, such as anxiety, depression, stress, burnout, and eating disorders. In 2018, Olympian Michael Phelps openly shared his struggles with anxiety and depression during a mental health conference in Chicago. In 2021, tennis superstar Naomi Osaka withdrew from the French Open to focus on her mental health, saying that Phelps had inspired her. Recently, gymnast Simone Biles withdrew from events at the Tokyo Olympics, acknowledging the immense pressure she faced and the need for mental health care.

These actions led to both positive and negative reactions, but public discussions by high-profile athletes are increasing awareness of mental health. Their openness is sparking global conversations, helping to change the narrative about mental health in sports. This has raised awareness of the mental health challenges athletes face, including pressure to win, perfectionism, and short careers. It’s also encouraging people to recognize the link between mental health and peak performance, and to openly discuss mental health.

Athletes like Phelps, Osaka, and Biles are showing that it’s important to prioritize mental health. Their transparency helps create a space for others to speak out about their struggles. As Michael Phelps said, “it’s OK not to be OK,” reinforcing the idea that acknowledging mental health issues is an important part of the recovery process.

The Money Smart Athlete® Blog is established and run by the Sports Financial Literacy Academy® (SFLA).  Through its education programs the SFLA has the vision to financially educate and empower athletes of all ages to become better people, not just better athletes.  For more information on our courses, our SFLA Approved Trainer Program®, and how they can benefit you and your clients, please get in touch with us at [email protected].

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