Professional sports contracts have become increasingly complex and lucrative in recent years. Managing large amounts of money associated with these contracts becomes very difficult for athletes, from a technical aspect as well as a lifestyle aspect.
They have found that athletes need education not only on how to manage their cash flow needs, budgets, investments, etc., but also the lifestyle changes that come with large amounts of money.
Therefore they have created the PlaySmart financial education program, which can be found on the MyPlayers App to help athletes navigate their financial world.