Andre Rison’s financial woes featured in ‘Broke’

broke-1

Andre Rison in the promotion of the documentary 'Broke.' Credit: Broke

Former Falcons wide receiver Andre Rison, who made at least $19.120 million in base salaries and signing bonuses over his 12-year NFL career, is among a group of retired athletes to address their financial problems in “Broke,” a ESPN documentary ESPN directed by Billy Corben scheduled to be released in October.

The documentary “digs into the psychology of men whose competitive nature carries them to victory on the field and ruin off it.”

Rison, 45, played for the Falcons from 1990-94. He caught 423 passes for 5,633 yards and 56 touchdowns over his five seasons with the Falcons. The AJC caught up with Rison back in 2009 for this “Whatever happened to.  …” story. 

Over his career, Rison made base salaries ranging from $175, 000 in 1990 to $2.8 in 1996.

He also amassed $10.84 million in signing bonus. He also likely made additional millions in reporting, workout bonuses and other incentives.

Rison declared bankruptcy in 2007 after failing to pay child support.

“Broke “is scheduled to air as part of ESPN’s 30 for 30 Vol. II film series.

Rison, a five-time Pro Bowler, had his best seasons with the Falcons and won a Super Bowl with the Green Bay Packers.

He played in 186 games, 156 starts, 743 catches, 10,205 yards and 84 touchdowns

“Broke” is scheduled to make its world premiere at the Tribeca Film Festival next month, according to the festival’s Web site. Rison is standing in front of some burning money with his hands up in the air on the website.

According to a 2009 Sports Illustrated article, 60 percent of NBA players are broke within five years of retirement. For 78 percent of NFL players, it takes only three years. Sucked into bad investments, stalked by freeloaders, saddled with medical problems, and naturally prone to showing off, most pro athletes get shocked by harsh economic realities after years of living the high life. Drawing surprisingly vulnerable confessions from retired stars like Jamal Mashburn, Bernie Kosar, and Andre Rison, as well as Marvin Miller, the former executive director of the MLB Players Association, this fascinating documentary digs into the psychology of men whose competitive nature carries them to victory on the field and ruin off it.

Keepin with the SI stats, wefound out this morning that Atlanta native Jamal Lewis . has filed for bankruptcy.

Rison was indicted by a federal grand jury last year for failure to pay child support charges in Arizona and has also has been charged in past years in other child support cases in Genesee County and Georgia.

Here are the base salaries and signing bonuses that I have on Rison, according to NFLPA documents:

  • BASE SALARIES
  • 1989 — $175,000
  • 1990 — $275,000
  • 1991 — $325,000
  • 1992 — $375,000
  • 1993 –$1,109,000
  • 1994 — $647,000
  • 1995 — $578,000
  • 1996 — $2, 800,000
  • 1997 –$600,000
  • 1998 –$500,000
  • 1999 –$400,000
  • 2000 –$500,000
  • TOTAL: $8,284,000

 

  • SIGNING BONUSES
  • 890,000
  • 500,000
  • 1,000,000
  • 5,000,000
  • 300,000
  • 1,500,000
  • 1,350,000
  • 300,000
  • TOTAL: $10,840,000

–D. Orlando Ledbetter, The Atlanta Falcons beat blog

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130 comments Add your comment

Marcus

June 5th, 2012
5:42 am

I read that article … also passed it to my wife who is a Financial Planner. These stories are cautionary tales, even for people of more modest income as compared to athletes.

not a fan

June 5th, 2012
6:14 am

We can find that this show is coming on in TV guide DL. That all you have?

Ellabell1

June 5th, 2012
6:19 am

Must be a slow day D-Led. Sorry about all these rich folks going broke. Can’t feel the least bit sorry for them. I’ve worked my whole life for less than they made in one year. Happy to say I still have a roof over my head and food in my belly.

Jimmy Crack

June 5th, 2012
7:36 am

Stupid is as stupid does.

They don’t make a violin small enough.

Andre Rison

June 5th, 2012
8:14 am

Hey, screw you guys.

SCFalcon

June 5th, 2012
8:23 am

What a stupid comment….

tgueboy

June 5th, 2012
8:24 am

successful black man….sounds this this article hits home

SeenThisB4

June 5th, 2012
8:34 am

LOL! Amazing. Here lies the real reason the NFL is saddled with 2000 some odd lawsuits for past concussions. They aren’t worried about concussions, they’re just looking for another payday.

let me buy the groceries

June 5th, 2012
8:45 am

D. Orlando Ledbetter

June 5th, 2012
8:45 am

Ellabell1 — Good for you! You probably didn’t have to deal with all of the crooks coming after your loot. You were also smart about not trying to keep up with the Joneses and chose not to lead an unnecessary flashy lifestyle.

D. Orlando Ledbetter

June 5th, 2012
8:47 am

not a fan — It’s coming out in October. The documentary is not done yet. I’m sure my friends at ESPN will let us know about when it’s ready for broadcast.

D. Orlando Ledbetter

June 5th, 2012
8:48 am

Andre Rison — Watch your language.

D. Orlando Ledbetter

June 5th, 2012
8:50 am

Successful Black Man — I’ve got to delete that comment. He couldn’t have spent all of the $19.120 million on the woman folk.

D. Orlando Ledbetter

June 5th, 2012
8:51 am

SeenThisB4 – I think you are mixing up two separate issues.

kewl

June 5th, 2012
8:53 am

Well, I say he represents a life well-lived. He had some beautiful crazy love with left-eye and played with a attitude. Props to bad moon.

Nick

June 5th, 2012
9:02 am

Dude should’ve used that free education he was given and learned something while he was playing football.

D. Orlando Ledbetter

June 5th, 2012
9:13 am

kewl — You have a fresh perspective on the topic!

D. Orlando Ledbetter

June 5th, 2012
9:14 am

Nick — Should have been a Finance major and a Gym Class Hero major?

Section 322

June 5th, 2012
9:29 am

It should be titled “You Big Dummy” !

kewl

June 5th, 2012
9:29 am

Nobody goes thru life unscathed. We all make mistakes. Don’t beat yourself up, learn from it and move on. Bad Moon raised hell and as a fellow hell-raiser, I can’t condemn the man. So, I suggest we all lighten up and see what we learn from “Broke”.

D. Orlando Ledbetter

June 5th, 2012
9:40 am

kewl – Thanks for sharing.

birdfan70

June 5th, 2012
9:46 am

Kewl – Couldn’t have said it better… We all make mistake the issue is if we learn from them… I have never had the type of money and fame these guys have had on top of being young and some not coming from the best economic situation… DLed you make a good point as well. All the crooks that come out after the guys it’s crazy… I’m just saying it’s easy to say what you wouldn’t do because you have never been put in that situation… I’m just saying!

SECGRAD

June 5th, 2012
9:50 am

I am sure Rison can put his degree from Michigan State to good use in finding a job. It is just like Charles Barkley said; “If I did not play NBA basketball, I would have used my degree in aeronautical engineering to get a job as a sky cap at Hartsfield airport.”

Rick James

June 5th, 2012
9:56 am

@Ellabell1

Must be a slow day D-Led. Sorry about all these rich folks going broke. Can’t feel the least bit sorry for them. I’ve worked my whole life for less than they made in one year. Happy to say I still have a roof over my head and food in my belly
—————————————————————————————————-
A

Rick James

June 5th, 2012
9:59 am

@Ellabell1

Must be a slow day D-Led. Sorry about all these rich folks going broke. Can’t feel the least bit sorry for them. I’ve worked my whole life for less than they made in one year. Happy to say I still have a roof over my head and food in my belly.
—————————————————————————————–
A roof over your head and food in your belly is probably all you have and in some people’s eyes you are “broke” too..Envy is such an awful thing.

Buckeye

June 5th, 2012
10:07 am

RIP Left Eye

Buckeye

June 5th, 2012
10:08 am

Can’t change stupid

D. Orlando Ledbetter

June 5th, 2012
10:09 am

SECGRAD – That is too funny! Chuck is crazy!

Lisa "Stiff One-Eye" Lopes

June 5th, 2012
10:10 am

Money isn’t everything.

At least Andre Rison can still say he is better off today after the end of his NFL career than Warren Sapp…

…or Ryan Leaf…

…or Junior Seau…

…or that Steelers QB who preceded Terry Bradshaw…

…or Kroy Biermann…

Class of '98

June 5th, 2012
10:11 am

For many athletes and rock stars and rap stars, how much money you have is not nearly as important as how much money you spend.

I don’t have anything against Andre Rison, but I will not shed any tears for him, either.

Somebody needs to tell these NFL players that they really don’t make a lot of money. If they try to spend like NBA stars and big name rappers, they will go broke.

greg

June 5th, 2012
10:15 am

I could see going through a couple million. But, 20 million is a lot of money. You really have to be actively trying to rid yourself of it.

greg

June 5th, 2012
10:18 am

Although he may not have retired with huge numbers, many people inside the game say Rison was among the top 5 most talented recievers of all time.

D man

June 5th, 2012
10:21 am

I can certainly understand how Rison became broke. My wife and I make healthy salaries and we always carry debt on several credit cards because we like to play. By play, I mean eat out at nice restaraunts 5 times a week, go on nice vacations, buy nice cars, etc. we are always living above our means but the difference between us and pro athletes is that we don’t lose our jobs when we get older and out of shape like they do so we keep getting the income and theirs stops. If we lose our jobs, we would be broke in a short amount of time too if we kept spending like we do. Fortunately, we save too and that is the key differance between folks like us and them.

I feel for these young folks who don’t set money aside for the future and don’t touch it.

Paul

June 5th, 2012
10:27 am

Enter your comments here

YOUNG&MONEY_BADMIX

June 5th, 2012
10:29 am

So i guess he took home 19 million dollars of his pay.
I have been cheated all these years…Report somewhat accurate numbers PLEASE!
We must admit we are jealous..
GREEN EYES behind the money..and fame.

Paul

June 5th, 2012
10:30 am

Let’s not be misled by the word “Broke”. These guys might not have the millions to squander anymore but I am sure with the remanants that are left and the connections they have they are comfortable “thousandaires”

YOUNG&MONEY_BADMIX

June 5th, 2012
10:32 am

Guys Americans live just like atheletes except for spending cash, we use credit cards..
Try staring in the mirror and call that person names.

Kim Zolciak

June 5th, 2012
10:32 am

As far as I am concerned, that man is B-R-O-K-E and not able to provide for me.

Next.

Clewis564

June 5th, 2012
10:33 am

As far as I know both leagues hold rookie symposiums telling them about the money and the ones who will be after it. They warn about bad investments and the women but it seems a lot of guys have the “not me” mentality. My friend told me more than once, “don’t let other people spend your money”. (i.e. – broke people and women telling you what you “should” be doing, buying and living”)

E

June 5th, 2012
10:35 am

What? No mentioned about his relationship with TLC’s Lisa “Left-Eye” Lopes and her setting his house on fire?
But these younger players, who make much more money than the older sports icons made, should take notice of folks like Hank Aaron. Aaron was smart with his money and was able to become a successful businessman with fast-food restaurants and car dealerships.

Frankie

June 5th, 2012
10:39 am

Love all of these financial planners, who are stinking rich…
NOT

Frankie

June 5th, 2012
10:43 am

@Clewis….you mean to tell me that you soak all of that in after just one seminar….
I ‘d like to see that…look at the show “how the lottery changed me”

we are all suspect to the same things these athletes are suspect to…

Frankie

June 5th, 2012
10:46 am

what does LLL setting his house on fire have to do with anything….insurance paid to have it rebuilt…and…

how does that fit in with his spending during his career and his inability to sustain his life style after his playing days were over…

BW

June 5th, 2012
10:48 am

First and most importantly, he never saw anywhere near $19 million after taxes and agent fees. With that being said it is always ashamed to see an athlete struggle after the paydays stop. Compare his highest contract to the one Calvin Johnson just signed. I hope someone with sense is in Calvin’s ear.

Arod

June 5th, 2012
10:51 am

Bcuz he made this money, doesn’t mean he actually “brought” home all of it. There is this person named SAM (uncle) that want his share of it as well…LOL. He is one of the free loaders. Dude you are educated and you got your health, do some networking, you will find something. GOOD LUCK BRO!!!!

panic fan

June 5th, 2012
11:04 am

2—- plus—- 2—- makes—- 4 add—- 6 thats —–10 —take away—- 10 now what then ====no win

TH FROM MC

June 5th, 2012
11:12 am

It is as simple as the old adage: “A fool and his money are soon parted.”

Patrick Romano WAR DAMN EAGLE

June 5th, 2012
11:18 am

Used to play pick up games of hoops at Sports life in Duluth with Andre Rison and Neon Deion Sanders and Michael Haynes. Andre puts the ASS in Class! Any man with little ‘m” that doesn’t take care of his child is a sissy…

period and you can’t fix stupid!

WAR DAMN EAGLE

Falcon Jim

June 5th, 2012
11:21 am

For some help if you are having problems, read FACING YOUR GIANTS, by Max Lucado.

Alphare

June 5th, 2012
11:29 am

At least this guy doesn’t have earring/necklace to make himself more attractive to other guys.