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Reply to "Gabby Douglas' mother had to file for bankruptcy this year due to costs of daughter's training"
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[quote=Anonymous]It's a risky strategy. Most serious high school athletes don't win gold medals or make a lot of money. It's a larger version o f these families who spend thousands on travel teams for years , thinking it will lead to a college scholarship, only to discover there are only a few partial scholarships for soccer. The Olympic all-around winner does get some nice endorsement deals, but that money doesn't pay the bills for long unless it's banked andturned into a revenue generating asset (like a college education or a business)[/quote]
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