Despite generating billions, many of LeBron's fellow ballers end up broke. Why?

Here is an interesting and informative article on black athletes, their money, and the influence some of them have on the communities where they play.  But why are so many of them leaving the game broke? Other than the ‘rich slave/sharecropping’ statement, it’s an eye opening piece.

The sports industry is worth $410 billion and it is unfair that Black athletes are largely generating this revenue yet we're only the labor force. Without Black players there would be no games so why should we not work to influence our athletes to marshal their resources to invest in our communities?

We need affordable, safe and clean housing. We have schools without books. We have HBCUs struggling to pay their bills. Our people need employment. We need support for programs that will provide our youth with alternatives to violence. Our athletes can help

Everyone wants to try to be the next LeBron or Jordan, but you have a better chance of winning the lottery than making it into professional sports. We need to instill in our children realistic goals and values when it comes to finances, education and careers.

If I many steal a line from my book, 'Black Industrialist-The Melvin Wade Story', on page 105 Mr. Wade says, “Our wealth is coming from sports. We might hit the baseball, bounce the basketball, run with the football, but we don’t make that baseball, basketball or football. That’s where it’s at. You gotta learn to make the product. Like Dave Bing, there’s gotta be more guys like him getting into manufacturing.”

Click HERE to read the article