You know that's one of the first things I said to myself, "where was his financial advisor?". He got screwed. Hopefully he gets his money back but it wouldn't have been a move I would have made.
As far as signing him to the roster. No thanks. He's a headache along the lines of Gregory and Collins. Maybe a splash play here or there but not too much upstairs.
First thing you learn in money management - learn how to say
NO!. Doesn't mean you can't be generous, but know your investments and know your limits.
A lot of these guys come from poor upbringings, never learned how to save and use their money wisely. A part of saving is learning not to spend all of your money, say "no" to things you don't need because you're investing in the future.
Then the "boyz" come around and start sponging off you or wanting you to invest in their "new" schemes. Then shame you with the "He done forgot where he came from" shtick. And because these players can't say "no," they invest in Skeet Man's car wash-foot massage-fried chicken joint because Skeet Man says it's gonna be fi-yah! And then the player loses his money because he followed the wrong advice.
There's no one who makes over $10 million in the NFL should go broke - not with the right investments. And, yet, it happens. All ... the ... time.