Alex Acker, a professional basketball player drafted in 2005, candidly shares his journey from poverty to the NBA, emphasizing his early struggles with financial management. Although basketball provided him a scholarship and a means to support his family, Acker admits to overspending and poor financial decisions. Recognizing the alarming rate of bankruptcy among athletes, he founded an alternative investment fund aimed at helping others manage their wealth more effectively and avoid financial pitfalls that he himself encountered.
Basketball got me a college scholarship. I met some elite NBA athletes who came to my college one summer and played pickup ball with us.
Looking back, I can see I made mistakes when managing my finances early on in my career. Hearing the stats about athletes going broke pushed me to take steps and improve things.
Collection
[
|
...
]