- Oct 2, 2012
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How many went broke in 3 months though....
2014 NBA Off-Season; Paul George suffers a double-compund-fracture, likely out for season. Speedy re
- Thread in 'Sports & Training' Thread starter Started by japanair21,
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shoelyesses
Banned
- Sep 10, 2012
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i looked it up...68% of nba players will be broke or file bankruptcy within 5 yrs....
shoeking2101
Banned
- Sep 1, 2007
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True story. Visited the NBAPA office in New York a few years back, back when Billy Hunter was over it. We were in his office, and he told us this story about how Isiah Rider's mother called him crying, begging him to find a job for him somewhere in the NBA. Srs.
Not to say that Isiah Rider is broke or something like that, but stories like that are rampant in the league according to him. Hell, that's what the NBAPA is there for.
- Oct 2, 2012
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The difference is these NBA players have assets. Their cars, chains, shoe collections, memorabilia. They can sell those assets alone and stay afloat for 3 months. Whereas the common everyday person doesn't have those same type assests.
- Oct 2, 2012
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5 yrs though.... That ain't paycheck to paycheck
antidope
Supporter
- Jan 2, 2012
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An NBA player has himself said that a large amount of the league lives paycheck to paycheck. What is there to dispute after that?
- Jul 18, 2012
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Zyzz is the posting equivalent of the '07 Miami Dolphins. Son been on a roll as of late 
- Feb 10, 2003
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Its 50 50 owners get have and players get have . --
- Oct 2, 2012
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Which Player?
shoelyesses
Banned
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true it aint broke like in the sense we think of broke ei... food stamps, out trying to get a obama phone.... filling for section 8 rental asst. But if you only made 20-25mil... and you come out the gate spending half of that.... to which you havent even recieved yet... alot of those end up basically living a life of credit debt, trying for loan consolidation etc.... and owing on cars/homes/jewelry that has been seized... And dont even mention child support/alimony.....
- Jul 13, 2005
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Problem with Zyzz is that he thinks he's always right. Literally every time
antidope
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I get what your saying but I think we just have different meaning of broke
shoelyesses
Banned
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[h2]Jason Caffey[/h2][h2]Kenny Anderson[/h2]
Eddy Curry
Derrick Coleman
Antoine Walker
Latrell Sprewell
SHAWN KEMP
And thats just a few of the well known players
darthska
Staff member
- Apr 30, 2004
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My 'paycheck to paycheck' is a little different than NBA's 'paycheck to paycheck'.
And my 'broke AF' is CERTAINLY different than NBA's 'broke AF'.
No sympathy from me.
I get that some of them came from the place I'm at, but... I'm still here. And I'm not even looking for sympathy for my place; I'm good.
But me feeling sorry for them because they have to pour milk in their cereal instead of Cristal? Never that. Feeling sorry for someone who's broke as a result of mismanaging MILLIONS? Never that.
Still nah.
And my 'broke AF' is CERTAINLY different than NBA's 'broke AF'.
No sympathy from me.
I get that some of them came from the place I'm at, but... I'm still here. And I'm not even looking for sympathy for my place; I'm good.
But me feeling sorry for them because they have to pour milk in their cereal instead of Cristal? Never that. Feeling sorry for someone who's broke as a result of mismanaging MILLIONS? Never that.
Still nah.
- Oct 8, 2005
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does Klay still get allowance from his pops managing his money?
do work son
Banned
- May 22, 2010
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fwiw, some of these dudes get legit swindled by "financial managers". a lot of these guys have no money, then fancy suits telling him they can increase their money tenfold, and these guys aren't educated enough in the industries to know what's going on.
- Oct 2, 2012
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You gave great examples, but none of them went under in a couple of months, it took years of mismanagement
http://www.christianpost.com/news/a...star-blew-110-million-in-2-years-video-82638/
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shoelyesses
Banned
- Sep 10, 2012
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hell rip...and unrelated but even tony gwynn was broke...
hell his assets equaled to roughly 700k or so, yet his liabilities was somewhere around 1.5 million, not to mention the back taxes he owed. Dont know if ppl dont count this as broke because theyre famous, on tv or whatever. But if your debt/liabilities are 2x hell 3x more then what you earn and the total of ALL your assets are, YOUR BROKE!!!!
hell his assets equaled to roughly 700k or so, yet his liabilities was somewhere around 1.5 million, not to mention the back taxes he owed. Dont know if ppl dont count this as broke because theyre famous, on tv or whatever. But if your debt/liabilities are 2x hell 3x more then what you earn and the total of ALL your assets are, YOUR BROKE!!!!
- Dec 9, 2009
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Repped. Imma watch this. Found it on youtube.
To me its unfathomable to go from getting 5+ mill each year to going broke after a few years.
Gotta manage your money right, these dudes just wanna stunt tho.
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offset pow clow
Banned
- May 24, 2014
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Living paycheck to paycheck in the nba is not the same as living paycheck to paycheck in the real world
shoelyesses
Banned
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true but none of them made the nba average career salary of 20 million either.... So the same way these dudes blew 80-100 150 million or so in a few yrs... how is it unrealistic that a guy with single digit millions couldnt blow it in a few months a year?
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