Two of the most common reasons behind athletes going broke after their professional career: bad investments and money management. On last month’s “I Am Athlete” podcast, guest and retired NFL linebacker D.J. Williams revealed his former financial advisor invested $1.2 million dollars in various bad investments early in his career that included an investment of $300,000 dollars into the music career of former Bad Boy Records artist, Sara Stokes. “Remember when Puffy Daddy had ‘Making The Band’? Ya’ll remember Sara Stokes? The one … the light-skin girl, ” Williams begins to explain the investment at the podcast’s 22:06 minute mark of season 3 episode 21. “Puffy Daddy had ‘Making The Band,’ there was a young lady on there named Sara Stokes. She was a singer. She was like young, like I don’t want to throw her age out there but she had like three four five kids. All I knew was I invested $300,000 dollars into her music career. Williams would claim the investment was in result of leaving his finances to a power of attorney given to his financial advisor while he focused on playing professional football. “What I’m saying was because of the amount of time and energy that I put into football,” he continued. “I’m going into these meetings and I’m sitting across from this man and I’m taking his word. And I’m just Okay, yeah, that sounds good, that sounds good. What I’m saying is is if you already a million, relax, chill. Stop trying to rush to become a billionaire. Drafted in 2014 – 17th overall by the Denver Broncos D.J. Williams received a $2.4 million dollar signing bonus his rookie year after signing a five-year deal valued at $9 million dollars The linebacker would play ten seasons with the Broncos, earning over $35 million dollars. Williams played 12 seasons in the NFL before retiring in 2014 with the Chicago Bears. It was never revealed throughout the interview if Williams was ever reimbursed for his investment. Stokes was signed to Bad Boy Records from 2002 to 2005. Sara Stokes, 44, is a Detroit, Michigan recording artist, actress, journalist, best known as the singer in the former Bad Boy Record’s group Da Band. Formed in 2002, Da Band released their gold-selling debut album, Too Hot For TV, in 2003, which spawned hit songs “Bad Boy This, Bad Boy That” and “Tonight.” The six-member group had their journey documented on reality television for three seasons aired on MTV 2. After Da Band, Stokes, mother of three, released multiple solo singles, independently, throughout the years, like 2015’s “Sneak Peek” featuring Babs Bunny and 2016’s “Fragile Heart.” Outside music, Stokes embarked in an acting career, known for roles in recent films, The Many (2019), The Enemy (2019) and Facade: Chapter 4.
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