Former MLB all-star steps up to the plate for fellow athletes to avoid 'horror stories' of going broke

For many professional athletes, retirement can be a stressful road to navigate. According to one former MLB all-star, the league is doing little to help players manage their sudden wealth.

Former MLB player Matt Joyce learned this lesson the hard way, revealing to Fox News Digital that he lost about $1 million through multiple disastrous business ventures – an "extremely painful" mistake he vowed to never make again.

FORMER NFL STAR REFLECTS ON PAST FINANCIAL MISTAKES, ISSUES WARNING TO CURRENT PLAYERS...