Quote:
Originally Posted by Mark17
Don't forget, his playing days ended and his salary as a coach after that was considerably less. It's not like a businessman or investor who could sustain a high income throughout life.
|
Ty Cobb took his baseball salary, invested in Real Estate, shares of Coca-Cola and GM. Started a hospital with a $100,000 donation which grew into a medical network and set up a scholarship fund so kids could go to college, both of which survive to this day. Not only one of baseballs greatest he was also an astute businessman, investor, and philanthropic superstar.