UBER is back in the news again...this time in Seattle, where city council there voted 8-0 in favor of allowing UBER drivers - and drivers of other ride share services - to unionize over wages and working conditions. Drivers like it, the company doesn't and some feel it would violate various laws including anti-trust laws & privacy laws.
When you think of professional athletes, the words "coupon clipping" and "bankrupt" don't usually come to mind...unless their parents steal all their money.
Meet Jack Johnson, a player with the Columbus Blue Jackets who started his NHL career in 2006-07 with the LA Kings. After signing a lucrative 7 year/$30 Million contract, his mother took over his finances...and proceeded to spend pretty much ALL of his money. His father even took out high-interest loans on his potential earnings & spent the money on cars, real estate and vacations.
Without Johnson's knowledge, his parents managed to rack up millions of dollars in debt and now, news has come out that Johnson has decided to NOT sue his parents. The main reason? They have no assets or income to speak of, meaning suing them is pointless as he'll never recover the funds.