Why Should We Care that John L. Smith is Bankrupt?
photo credit: bloguin.com
The only real college football news coming out on Independence Day is a story out of Arkansas. New Razorback head football coach John L. Smith recently told the AP that he recently filed for bankruptcy. The filing comes several years after Smith made real estate investments, mainly in Kentucky. They question now isn’t at all about how this happens, it’s why should we care?
It’s a testament of how slow of an off season it has been in college football. Sure we have the news of a playoff, but that was like ten years in the making. Outside of Bobby Petrino’s accident on an organ donor and his firing, things have been pretty quiet. So they only thing that can possibly catch some buzz is the fact that the new Razorback coach went broke trying to invest in real estate. Sure Smith and like a million other people lost their shorts over the past four years.
The fact that it’s pathetic that this is even news. Someone’s personal finances should have little to do with anything, unless they are running for public office. This is such a non-story it’s silly. It’s also speaks volume of the cynicism in our news cycle. There is some that take pleasure in others pain. In the end we shouldn’t feel bad for Smith. He will end up okay because he is being well compensated coaching Arkansas. It’s the folks who have been foreclosed and thrown out of their houses that we should be worried about.
Now that I have thrown a wet blanket on your Independence Day, be safe out there. Try not to throw any M80s at kids if you can. Those things are loud.
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