Part 4/7:
The plight of athletes like Peterson underscores a significant dichotomy in the professional sports world. As pointed out by financial experts, there tend to be two extreme categories of wealthy individuals – those who are savvy with their finances and those who, often trusting the wrong people, wind up losing everything. There seems to be little middle ground; either an athlete successfully manages their wealth or falls victim to the financial pitfalls that come with fame and fortune.