Yeah, this is nuts, but I can make two arguments in his favor:
- Professional athletes tend to have short careers, so -- unless he's one of the elite who transitions his career into broadcasting or advertising his own brand of sneakers -- he probably needs this money to last, and he probably doesn't know how to be voluntarily frugal and make his money last. That is, if he doesn't want to end up coaching high school ball a couple months every year and working at the car wash the rest of the time.
- Professional athletes are required to pay big bucks to people around them. Agents and publicists, for example.
Okay, at 91 million, he should be fine -- but these arguments may be true for the guys who just barely make it into pro sports, and they outnumber the 91 mil crowd.