by Frances Esguerra
Former NFL linebacker Bart Scott and former NBA forward Antoine Walker continue to share their experiences with and talk to young athletes about financial literacy and money management skills. Through Edyoucore Sports & Entertainment, Scott and Walker have been able to share their stories with thousands of young athletes in hopes of helping them avoid the same serious financial issues that they had encountered during their own time as NFL and NBA players.
Founded by former Morgan Stanley Global Sports & Entertainment (GSE) division Managing Director Drew Hawkins, Edyoucore Sports & Entertainment offers in-person and digital advising sessions on necessary topics like credit, taxes, savings and retirement. With Scott and Walker’s passion for the subject matter, Educore’s curriculum enhances participants’ decision-making capabilities through interactive and engaging lessons.
Scott, a 10-year NFL veteran, and Walker, a 13-year NBA veteran, had both experienced financial problems during their time as professional athletes. Edyoucore has given them a platform to share their experiences with gambling debts, bankruptcy and general frivolous spending.
Why We Like It:
Many young athletes enter the sports and entertainment world without any much-needed foundational financial education. Most come from modest upbringings and poor neighborhoods that did not prepare them for the wealth they are to experience as professional sports players. With much more money than most know what to do with, these athletes jeopardize the longevity of their wealth through poor decision-making and impulsivity. Educore helps young athletes build secure futures well beyond their sports careers and encourages them to smartly invest in themselves as well as philanthropies they are passionate about, the way that Scott and Walker do now.