Stories that show that no matter how much their income is of thousands of millions, without good administration everything can be collapsed.
Undoubtedly, financial administration is a determining factor for people in their management. It usually happens that those who They receive income from billions quickly or suddenlylose sight of its importance and this is something that hardly punished Johnny Unitas.
While he knew how to reach the top of the National Football League (NFL)after his retirement, when his income fell considerably, both for bad intentions and for excessive expenses, it did not take many to have to declare in bankruptcy, dilapidating millions of dollars.
Johnny Unitas
Johnny Unitas’ rise and his passage through American football
During his high school, Johnny Unitas was a substitute quartback in the football team until the headline fractured the ankle. Anyway, because of their physical contexture, their companions doubted that they could perform in the position. Fishing that at the University of Pittsburgh they showed interest in him, he did not exceed the entrance exam.
He found his place in Louisvillea team that was not among the best, but gave him the opportunity. There he was nicknamed “The Golden Arm”for its incredible resistance, skill and ability to read the game. Little by little, it became a piece that every coach wanted, and after being chosen Best Liga Playerhis career began to rise quickly.
His 47 consecutive TouchDown brand was only overcome in 2012 by Drew Brees. Undoubtedly, the explosion in his career occurred in the Baltimore Coltswhere he lived much of his career and signed very important contracts.
The fall of Unitas with debts of millions that led him to bankruptcy
Retiring in 1973 as the best pin in his generation, began to turn to business, with the aim of maintaining or growing his fortune, but did not go so well. One of its restaurantshis eTransport Mapore and one real estate company In Florida They brokestarting their headaches. But the worst operation occurred in 1984 when he bought National Circuit.
To buy it He had to ask 5.3 million dollars. And as a guarantee, if the company broke, both he and his wife had to take care of his debts, which was what finally happened. By 1991, he was already declared in bankruptcy.
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
