nascar

Dealerships owned by athletes

An athlete’s career is short. The typical NFL player’s career is over in three years and most NHL players never play more than 100 games. Even more startling is 78% of NFL players are nearly bankrupt within two years of retiring and 60% of NBA players are usually bankrupt within five.

Michael Jordan Nissan Dealership

Since athletes have a shortened money-making career in sports, many have turned to the car business. Owning a dealership involves a massive investment up-front, but can be significantly beneficial long term. Think about it, everyone needs a car. These are the current and former athletes that own car dealerships. [keep reading]

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