A recent DEA operation included the surprise search and interview of players and staff including medical staff of several NFL football teams including the Washington Redskins and the Tampa Bay Buccaneers, according to news reports. This investigative action comes on the heels of a lawsuit filed on behalf of former players alleging that NFL doctors […]
“Mean Gene the Hitting Machine,” Lockhart was sentenced to 4 1/2 years in prison this week for his role in an affinity fraud scam involving mortgage fraud and trading on the name of the Dallas Cowboys. Usually we are protecting the NFL, MLB and NBA players we deal with from outside scams, sometimes the snake is […]
It never ends. The MINUTE you make it the hands come out, the “investment opportunities” come pouring in, you are smarter, more handsome and more interesting than ever… and a group of people start working on a plan to separate you from your money. We work with a variety of professional athletes and continually warn […]
Professional atheletes are great at making money but often lack the support and guidance they need to effectivelty keep it. Some Asset Protection issues address active threats, like lawsuits, others address more passive and predictable issues like income and estate taxes. This article provides a simple summary of taxation issues that professional athletes, their managers […]
Wealth is finite and fragile – we try to teach those we work with some simple basics, like the “habits of wealth”, the value of liquidity and being able to pay your bills for an extended period of time if your cash flow stops, as his might in August when his contract expires. It’s not just […]
NFL player has guest die in pool during party. This creates liability and the possibility of wrongful death lawsuit against him that he has likely NOT been prepared for by his manager, agents or estate planner. His home-owner’s insurance is likely to be inadequate.