For every 1 T.O. I bet there are 100 players that are fiscally responsible. Let's not paint all players with this broad paint brush.
Not according to this (but I don't know where his numbers come from):
Roughly 80% of all NFL athletes file bankruptcy withing two years of retirement. The major reason for this is divorce. You can read about it here. I have a page on my website that deals specifically with the troubles professional athletes face with financial literacy. You would not believe how many of these guys go broke quickly.