Letter C: The A to Zs of Turning Pro, Waiting for the Draft, Just Been Drafted

The letter ‘C’ starts more than Cheerleader when you are talking sports.

Consider the following:

Career – It has begun. Is your support team in place?

Contract – The first of many and you want it to be right. Will it include a signing bonus or performance bonuses?

Coaches – You’ve had them, and will continue to have them at every game you play. You need them in your financial game as well.

Cash Flow – More than you are used to but probably less than you expected.

Cash Control – Now it begins. Family, buddies, even strangers will want a piece of the pie.

Community – Where you grew up, live and play; respect them all.

Charity – One way you can give back to your Community.

Commercials – Are these products the image you want to project?

Commissions – The way you pay your agent and possibly others.

College – Did you graduate? If not you should consider finishing in the offseason(s).


Ira Spiegel has 20 years of experience in forensic accounting and examinations, bankruptcy and litigation support. Ira has testified or been deposed as an expert witness in federal criminal and bankruptcy cases, as well as civil cases in state court.

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