Mike Tyson earned about $200 million over his 15-year boxing career, but by 2003 he was in financial trouble. This is an example of __________.

Verified Answer :

The answer is poor management skills.  In past, this caused many prominent athletes
to struggle financially.  Many did not
manage their earnings well and spent them right away. Others got swindled by
their managers or made bad investments. These days athletes are more careful on
how they handle their money because they have seen what happened to those who
do not.