Cold Hard Fact for Wednesday, July 17, 2013

Daily FactsBleacher ReportJuly 17, 2013

May 23, 2012; Philadelphia, PA USA;  Philadelphia 76ers former guard Allen Iverson before the start of game six against the Boston Celtics in the Eastern Conference semifinals of the 2012 NBA Playoffs at the Wells Fargo Center. Mandatory Credit: Eric Hartline-USA TODAY Sports
Eric Hartline-USA TODAY Sports

Fact: 60 percent of retired NBA players go broke five years after their NBA paychecks stop arriving.

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Source: Toronto Star