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JPMorgan Taps Tom Brady, Dwayne Wade for Athlete Wealth Initiative

JPMorgan Chase has tapped Wade and Brady to lead its new Athlete Council, aimed at helping players manage wealth from college through retirement. The initiative comes as roughly 1 in 6 NFL players go bankrupt within 12 years. “Having the right educational resources… is critical,” Wade said. JPMorgan will also launch an Athlete Center of Excellence and tools to guide NIL deals and long-term financial planning.