This is why I have NO sympathy for athletes who go broke. Vol. Amare Stoudemire-----Warning = LONG

sillyputty

Banned
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http://[h3]The Real Estate Tale of Amar'e Stoudemire: Part I[url=http://realestalker.blogspot.com/2011/11/real-estate-tale-of-amare-stoudemire.html]http://realestalker.blogs...of-amare-stoudemire.html[/url]
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BUYER: Amar'e Stoudemire
LOCATION: Southwest Ranches, FL
PRICE: $3,700,000
SIZE: 14,555 square feet, 6 bedrooms, 6.5 bathrooms (total)

YOUR MAMAS NOTES: Before any of y'all get to sassin' do hear this: Your Mama well knows we are tardy to this here celebrity property party. None-the-less, we think can offer, in our shamelessly andshamefully wind-baggish two-part series, a more complete picture of the real estate picture of New York Knick Amar'e Stoudemire who has been on a bone fide real estate tear this year that includes the recent purchase of a $3,700,000 (mc)mansion in the quasi-rural suburbs between Fort Lauderdale and Miami, FL.

In early November 2011 there was bit of business in the New York Post about professional basketballer Amar'e Stoudemire putting the squeeze on his pocketbook due (in part, so goes the report) to the recent (and now tentatively ended) NBA lock-out, an event Your Mama does not know a damn thing about other than it means the 2011-12 season has been on hold while the players and the owners duke it out in mediation, adjudication, arbitration or whatever it is people do in big time labor disputes. It should surprise few that Your Mama had never heard of Amar'e Stoudemire–'tis entirely true–and we certainly hadn't (and haven't) an iota why such a daring and unexpectedly placed apostrophe dissevers his name. We took a half-hearted moment to peruse the piece in the Post and quickly scampered along without giving neither his name nor his financial matters another thought.

A few weeks later along came gossip juggernaut TMZ who dropped a humid real estate nugget about this Amar'e Stoudemire person splashing out $3,700,000 to purchase a prodigious mansion in some place called Southwest Ranches, FL. That seemed to Your Mama like a pretty big purchase price for a place in sub-prime mortgage ravaged Florida that we've never heard of before. Our interest piqued and prodded we did some research on Mister Stoudemire that included a look-see at his recent real estate activities, which, as it turns out, have been prolific if quite costly for the highly-compensated professional dribbler.

With all due respect for our scuttle butting compadres at TMZ, we discovered Mister Stoudemire's real real estate story isn't only about the gigantic, garish and architecturally suspicious (mc)mansion he bought in Southwest Ranches, FL for $3,700,000 but rather the several millions of dollars he's lost on the significant number of other properties he's recently dumped from his once-considerable property portfolio.

Before we delve in to that bit of real estate bidness, let's do the right thing and cover our celebrity real estate bases–or goal posts or whatever they have in basketball–and quickly educate the less athletically inclined puppies about just who this unusually named Amar'e Stoudemire person is and why he qualifies to be included in our (admittedly not very exclusive) celebrity real estate sights.

Besides tennis and curling, as all the children know, Your Mama doesn't know a solitary thing about sports, partick the golden triad of organized, American-style professional athletics: football, baseball and basketball. Having no recognition, recollection and/or knowledge whatsoever of just what makes Amar'e Stoudemire sports-world famous we picked up our Princess phone and dialed up our ball crazy b.f.f. Fiona Trambeau who, after shaking of her mid-day boozy-wooze with a few gargled shrieks, informed us Mister Stoudemire is a "quite young, sensationally strapping and deliciously tatted up cup of steaming hot chocolate who can handle [my] her basketballs at any time and at any place of his choosing." She implored Your Mama, in fact, to post her mobile phone number here so Mister Stoudemire could contact her directly and–natch–we told her we would but only so as to get her to shut her lascivious trap and move on to the meat of the matter, so to speak.

Of course, we have no intention of posting Miss Trambeau's ring-a-ling digits. Your Mama could not in a thousand years subject just any curious person who might make an impromptu call to the often agitated, always saucy (and usually sauced up) Fiona Trambeau. Our Fiona would probably pee with glee were Mister Stoudemire to actually ring her telephone bell but–trust chickens–that crafty beehawtch would figure out a way to transmit mortal violence through the phone wires were just any ol' person who isn't Mister Stoudemaire to call because they thought it would be cute to chat up Fiona Trambeau. Besides, she'll never read this. Fiona does do celebrities but she absolutely does not do celebrity real estate, so she'll never know. She's probably already forget she asked us to post the damn number anyways.

Between a lathered up Fiona Trambeau and a few easily accessed articles on the interweb, we did finally learn all sorts of things including that Mister Stoudemire was a late bloomer to basketball. He only started passing and shooting in organized leagues at age 14. He took to the sport elementally and advanced quickly to become one of the best high-school ball players in all of the state of Florida. It's not clear to Your Mama if Mister Stoudemire ever finished college or even matriculated and, honestly, either way it's irrelevant to our tale of real estate highs and lows. What we did confirm is that in 2002, when just a young but tall ball player of 19 or 20 years old, Mister Stoudemire was drafted by the Phoenix Suns for whom he pounded the hardwoods to great acclaim and award with his hard and powerful 6'10" frame until sometime in 2010.

At that point, in early 2010, the accomplished ball player signed the necessary papers to switch his professional affiliations over to the New York Knicks who, according to some reports, were so hot and bothered to sign the then 27 year old 5-time All-Star player they agreed to pony up just shy of $100,000,000 over the course a five year contract. One hundred million dollars, puppies, and that's not counting the additional multi-millions he can easily rake in each year from endorsement deals and the many more potential millions from his outside-basketball business endeavors that include a record label (Hypocalypto) and a recent assist to fashion designer Rachel Roy to create a limited line of ladies clothing described as "court side apparel for the fashion-forward female."

Now children, Your Mama don't know a perspiring glass of swate tay from a god damn tater tot but we do know enough about the business of women's garmentry to make the uneducated judgement that Rachel Roy knows a thing or two about how to dress a gal on the go with a yen for clean-lined sophistication and a modest budget. However, children, in our itty-bitty pea brain, that edging-on-wanton description of the Roy/Stoudemire clothing collaboration describes something rather more dire sounding, an habiliment short on yardage and probably a little bit (too) tight and/or one-sleeved, something that aches to be worn with either a pair of sky-high porn pumps with girlish ankle-socks or some sort of faux-sporty wedge-heeled sneaker-style situation that makes a twisted mockery of both the high heel and the hard working athletic shoe. 

Anyhoodles poodles, in addition to spending a few million for a new (mc)mansion in Southwest Florida, Mister Stoudemire has recently divested himself of a number of other properties at considerable financial loss, a magnificent sell-off that may (or may not) have something to do with budget concerns. Simmer down, buckaroos. We're not saying Mister Stoudemire's broke or anything like that. We certainly ain't privy to the particulars of Mister Stoudemire's pocketbook and we make no claims as to his net worth, income and other cash flow, complete list of assets and/or cash reserves (or lack thereof). We're just saying there sometimes comes a time in a very young and filthy rich man's life–maybe a time like when an all-but-ruined 2011 season could, by his own account, keep about twenty million George Washingtons from walking their way into his coffers–when it's prudent and wise to prune the property tree to ease up on the amount of dough required to maintain, make the mortgages and pay the rent on more than half a dozen high-priced properties on both coasts and in between. 

At one point in the not so distant past, before he acquired the (pseudo-)palatial pile in Southwest Ranches (FL), the property portfolio of the now New York-based power forward and center ballooned with a leased a pied-a-terre in a Donald Trump-developed complex in White Plains, NY (near where the Knicks training grounds are located), a pricy penthouse in downtown Manhattan (NY), and a house in the Hollywood Hills (CA). He also owned a sexed-up penthouse in Miami Beach plus a pair of adjacent condos in a fancy building in Phoenix, AZ as well as three high-priced and high-maintenance single-family (mc)mansions, also in Phoenix.

Before we get Mister Stoudemire's portfolio thinning, let's first take a brief spin through Mister Stoudemire's most recent real estate acquisition, the aforementioned mansion in Southwest Ranches, FL he picked up last month for, as per property records and previous reports, $3,700,000.

A quick consult with our high-tech atlas shows this Southwest Ranches place is 35 miles northwest of South Beach, 25 miles or so southwest of the beaches of Fort Lauderdale and just a few short miles from where Flahreeduh's Escalade-saturated suburban civilization turns to the swampy, alligator-infested Everglades.

Listing information for sprawling single-story mcmansion shows it sits on 2.33 gated and landscaped acres in the Landmark Ranch Estates enclave, measures in at a considerable 14,555 square feet and includes a total of 6 bedrooms and 6.5 bathrooms.

A dead-straight pavered driveway leads from the street to a perfectly harrowing porte cochere held aloft by six round columns and bizarrely topped by a petite cupola. Etched glass front doors open to a marble-floored foyer that steps down to the formal living room complete with fireplace, built-in bar area, and a swimming pool view from a wall of towering windows. A short corridor off the living room opens to a library, small home office, 4-car garage and the master suite.

A butler's pantry connects the formal dining room to the family quarters, a large laundry room and the colossal kitchen complete with commercial-grade appliances and more faux-antiqued, totally custom, no doubt shockingly expensive, eggshell-colored cabinetry adorned with copious corbels and other carved details than we've ever had the misfortune of seeing in one kitchen at one time. A door in the kitchen leads directly into another attached 4-car garage and a wide snack counter separates the kitchen itself from an approximately 800-square foot family room/breakfast area.

The adjacent state-of-the-art home theater done up by the sellers–a man who made some of his money selling aggressively banal "art" on cruise ships–like a god damn bordello with blood red shag carpeting, red and black patterned fabric-covered walls, carved wood pilasters and nine jet black recliner-style theater seats with built-in cup holders. We get the desire for decorative drama and a spot of cliché Hollywood glamor in a home movie theater, but lowerd have mercy, no. 

Three family bedrooms pinwheel around a playroom space and share three bathrooms in a separate wing off the kitchen/family room complex. The master suite occupies it's own private wing at the opposite end of the house and includes a large bedroom and sitting area with built-in entertainment center, a wall of windows and French doors that open to a covered veranda, two bedroom-sized walk-in closets, a separate exercise room, and a super-sized beige marble bathroom with twin vanities, his and her enclosed crapper cubicles–hers has a bee-day too–and a jetted soaking tub for two and separate  double-entry shower.

An outdoor (but covered) summer kitchen connects the main house to an entertainment pavilion/guest house comprised of 2 bedrooms, 1 bathrooms and an almost 600-square foot living/billiard room with stone tile flooring, soaring ceiling, and a carved wood built-in wet bar with more than enough shelf space and cabinetry to please even the most hardcore booze hound.

Rooms at the rear of the residence give out to about 3,000 square feet of deep and wide covered veranda space that includes various lounging and dining areas as the previously mentioned a fully-equipped summer kitchen complete with sinks, refrigerators, warming ovens, and even an Fiat-sized ice maker which sound absurdly huge until you remember that it gets obscenely hot and humid in Florida and a commercial-grade ice maker is, as Marthat Stewart famously said, "a good thing." The stone tile flooring continues beyond the veranda and summer kitchen areas to surround a free-form, lagoon-style swimming pool with party-sized spa and faux-rock formation with swirling water slide.

Beyond the swimming pool area there's some vegetated gardens and lawns that give way to a narrow, sad little canal that looks in aerial images like a breeding ground for mosquitoes and other flying vermin.

Stay tuned for part two during which we'll discuss the many and various other properties Mister Stoudemire has recently sold at a hair raising loss.


 
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u mad? go get yours
 
[h3]The Real Estate Tale of Amar'e Stoudemire: Part II
[url=http://realestalker.blogspot.com/2011/11/real-estate-tale-of-amare-stoudemire_29.html]http://realestalker.blogs...amare-stoudemire_29.html[/url]

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Yesterday Your Mama started our lengthy two-part odyssey on the many recent real estate activities of professional basketball player Amar'e Stoudemire that included a spin 'round the decidedly meretricious single-story mansion in Southwest Ranches, FL he recently scooped up for a hefty $3,700,000. Today we continue our delve into the depths of Mister Stoudemire's real estate matters with a more complete looks see at his once prodigious property portfolio and the recent sell off a number of his luxury residences that have resulted in a multi-million dollar gut punch to his pocketbook.

As a lavishly compensated Knick, Amar'e Stoudemire makes his home base in downtown New York City where he's reported to lease a multi-terraced full-floor penthouse atop a full-service mid-rise building on the trés-sheek and dernier cri border of the West Village and Meatpacking District neighborhoods. At least one report posits the power forward ponies up a mouth-drying $37,500 each month to occupy the downtown penthouse owned, as per property records, by a Rebecca and Bruce Bent II. 

Missus Bent, iffin anyone might be curious, is an entrepreneurialgourmet condiment queen and Mister Bent is an (in)famous money market fund financier who has long been entangled in an ugly legal imbroglio with the SEC over gruesome financial matters far too vexing for Your Mama to properly parse or even, frankly, understand.

Property records show the penthouse, actually a combination of two separate but essentially equal penthouses, was purchased by Mister and Missus Bent in two transactions, the first portion in November 2000 for $2,100,000 and the second half in February 2005 for $5,300,000. A few quick flicks of Your Mama's bejeweled abacus shows the Bents spent a total of $7,400,000 for two apartments not counting the high costs of combination and customization nor the monthly common charges and taxes that run, as per StreetEasy, just shy of $7,000 per month.

Your Mama can not confirm Mister Stoudemire actually pays $37,500 per month to occupy the sprawling penthouse pad but we can confirm, based on our research on the internets, that from March until August 2009 the natty nest was available at a listed rate of $29,000 per month. Our admittedly haphazard investigation also turned up a number of (no longer active) online listings that show Mister and Missus Bent put their contemporary aerie up for sale in December 2008 with a $16,500,000 price tag, a figure that was later lowered to $14,500,000 before it was taken off the market in August 2009.



floor plan: Brown Harris Stevens via StreetEasy

The floor plan for the Bent penthouse included with several of the (now inactive) online listings accessible via Streeteasy indicates the apartment spans approximately 4,365 square feet and contains 4-5 bedrooms, 4.5 bathrooms, 4 exposures, 3 terraces that total more than 3,500 square feet with sensational Hudson River and city views, 2 fireplaces, 2 living rooms, and a completely kitted-out open-plan kitchen plus a recreation room and a bi-winged library. Now inactive online listings also reveal monthly common charges and taxes for the combined penthouse–paid by the lessor and not the lessee, natch–run just shy of $7,000 per month.

Mister Stoudemire reportedly also leases a house in the Hollywood Hills area of Los Angeles (CA) we know nil about but assume ain't cheap and, until recently, he leased a modestly-sized apartment at the not-exactly-inexpensive Trump Tower at City Center in White Plains, NY. The 20th floor apartment in White Plains, located in Westchester Country just north of New York City and near where the Knicks practice their dribbles, passes and swish shots, is reportedly owned by Golden State Warrior David Lee, whomever that is.

The freshly procured (and, as far as we're concerned, beastly) mansion in Southwest Ranches, FL is not the first piece of Florida real estate owned by Mister Stoudemire. In addition to an itty-bitty and unequivocally humble abode in his hometown of Lake Wales purchased in August 2003, Mister Tall, Dark and Handsome also briefly owned a sexed-up penthouse in Miami Beach at The Residences at W South Beach. Property records reveal he sold the South Beach penthouse in August of this year (2011) for $5,200,000.





 photos: Sotheby's International Realty

Mister Stoudemire acquired the airy and very contemporary penthouse (shown above), as per records, in July 2009 for $5,575,000. Anyone with eyeballs and a third grade mathematics education can plainly see the property-mad ball player took a $375,000 loss on not counting carrying costs or the $3,300 per month he paid in maintenance fees for the libidinal penthouse.

Listing information we persuaded out of the interweb shows the glassy penthouse has 2 bedrooms, 2.5 bathrooms and was all done down with a crisp but cliché black, white and gray palette. In addition to the 2,428 square feet of interior space that includes an open plan living/dining/kitchen area with ocean view, the posh pad has more than 2,700 square feet of city and ocean view balconies and terraces that offer spacious lounging area(s) with at least one outdoor television, a partially shaded dining area with summer kitchen/barbecue center, and a private plunge pool where Mister Stoudemire and his lady-guests could skinny dip with a clear view of the aquamarine Atlantic Ocean. 

Prior to working his stuff for the New York Knicks, Mister Stoudemire did his basketball thing for the Phoenix Suns for 7 or 8 seasons so it's really not very surprising the man's property portfolio has included a fair number of high-cost and high-maintenance properties in the southwestern desert city, most of which have been sold off in the last 10 or 12 months at significant losses.



photo: Realty Executives via Home Finder

As best as Your Mama can tell Mister Stoudemire purchased his first property in Phoenix in March 2004 when he scooped up a 3,542 square foot condominium situated on the 8th floor of the 14-storyEsplanade Place complex for which he paid $1,675,000. In June 2006 the budding property mogul splashed out another $1,775,000 to snatch up the 2,928 square foot condo next door. The full-service building includes a roof-top swimming pool, a clubroom with catering kitchen for larger parties, conference room and 24-7 security.

Redfin shows the first unit was first heaved on to the market (at an unknown price) in mid-February 2008. The 2 bedroom and 3 bathroom condo crib was on and off the market until late September 2011 when, at long last, the white elephant was unloaded for $1,300,000. Once again it doesn't take many if any flicks of Your Mama's bejeweled abacus to see that, like with his Miami Beach penthouse, Mister Stoudemire took a hefty $375,000 loss on the property.

The second condo (shown above) was also first listed in mid-February 2008 and has also been taken off and put back on the market a number of times over the succeeding years. In June of this year (2011), the 2 bedroom and 2.5 bathroom condominium was re-listed (and is currently listed) with an asking price of $1,375,000. The asking price as it stands means that even if Mister Stoudemire manages to pull a real estate rabbit out of a hat and coax a buyer to pay full price for the unit he still stands to lose another $400,000.

In October 2005, between the purchases of the two above mentioned adjacent condos at Esplanade Place, Mister Stoudemire dropped another $4,750,000 to secure a 2-plus acre pond-front estate in the swanky Biltmore Estates enclave that girdles the Arizona Biltmore Country Club. More on this property in a moment.



photo: Google 

Property records show in October 2006, just a year after buying the big estate at the Biltmore Estates, Mister Stoudemire paid $1,325,000 for a 3,954 square foot single-level residence (shown above) with a clover-shaped swimming pool in an affluent but perfectly ordinary neighborhood in central Phoenix. As far as Your Mama can tell, the property is not currently on the market and remains in Mister Stoudemire's slimmed down portfolio.



photo: Google 

Although he needed another house in Phoenix like a person needs a damn hole in their head, in November 2007 Mister Stoudemire coughed up $1,900,000 to purchase a 5,570 square foot mini-mansion in south Phoenix with 6 bedrooms and 6.5 bathrooms (shown above). Redfin show the two-story southwestern-style quasi-contemporary was pushed on to the market in mid-September 2011 with an asking price of $1,499,000 and quickly sold for the substantially lower price of $1,300,000, a sale price that represents an astonishing $600,000 loss for Mister Stoudemire.







listing photos: Realty Executives via Sawbuck 

Now then, let's get back to that multi-parcel property at the Biltmore Estates in Phoenix that Mister Stoudemire picked up back in 2005 for $4,750,000 and first listed at a million dollar loss on the open market in January 2011 with an asking price of $3,800,000.

Listing information we managed to cajole out of the interweb shows the architecturally vague and stylistically undefinable (mc)mansion measures 7,500 square feet–the Maricopa County Tax Man shows it as 6,523 square feet–and includes 5 bedrooms and 5.5 bathrooms.

The all-beige, -tan and -taupe interior spaces encompass a double-height foyer with some truly mortifying glass and iron front doors, a marble-floored step-down formal living room with too small black marble fireplace mantel, a formal dining room with built in china/stemware cabinet, an eat-in kitchen with white cabinetry and black granite counter tops, and a 400-square foot family room/den with full-sized built in bar-pub, built-in entertainment cabinet and a long bank of French doors that open to outdoor entertainment areas and expansive grounds.

The acre-plus landscaped backyard, which listing information calls "resort style," offers an over-sized swimming pool with nearby ramada for escaping the punishing summertime desert sunshine, a separate elevated circular spa surrounded by towering palm trees, a lighted and walled tennis court, and rolling lawns criss-crossed and ringed by a concrete walking/jogging/golf cart path.

It's all a bit nouveau for our particular and snooty taste in residential real estate but apparently there are any number of wealthy folks who covet such cribs that lack any authentic architectural integrity. After Mister Stoudemire slashed the asking price of the property in June (2011) from $3,800,000 to $3,100,000 along came such a person in the form of a local tire tycoon named Gerald Fletcher who, according to the deeds and documents we peeped, paid $2,750,000 for the remodeled 1978 mansion. That purchase price represents a truly staggering $2,000,000 loss on the property for Mister Stoudemire.

A tall and stiff gin and tonic steeled Your Mama's jangled nerves before we dared to take on the task of tallying up the total amount Mister Stoudemire's ill-timed real estate purchases and sales have cost him; Not counting the four hundred grand he stands to lose when the second of his two condos in Phoenix finally sells, the fortunately well-paid and undeniably accomplished professional basketball player has lost a whopping $3,350,000 in just the last year.







TL;DR: Amare Stoudemire lost 3,350,000 on real-estate alone in just last year. 




 
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stopped reading after it said your mama %*!?
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cliffs...
nobody in their right mind is reading all that
 
I have no sympathy for anyone with ridiculous money who goes broke.

How the hell do you go broke with $10 million dollars? I could ball so hard Jay-Z would want to fine me and still have 5 million remaining
eyes.gif
 
Originally Posted by Mangudai954

Wow I really hate the writing style of this article.
laugh.gif
 
Yeah I like looking at different real-estate and design blogs from time to time and this was just a little much on the sarcasm she was typing with...she did her research though. 
Originally Posted by Brandon3000

indifferent.gif
 u mad? go get yours

Not at all... more power to him...but the amount of reverence these guys get is still pretty funny for the amount of utterly stupid things they do...but hey, one life to live, right? 

But its funny to see you guys take certain sides on various lock-out debates when it comes to players and their own money. 

Hell, I wish I had even 300,000 to loose...much less 3,000,000... 

Its all for entertainment. 

Appreciate it (or not) and move on. 

Originally Posted by WaitWut

stopped reading after it said your mama %*!? 
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cliffs...
nobody in their right mind is reading all that
Thats her own nickname. "Mama"

Shes not insulting you.
laugh.gif
...I swear the reading comprehension here sometimes...
30t6p3b.gif
 

Originally Posted by omgitswes

I'm not reading all of that.
But does he have a family? I wouldn't want to stay in there just by myself. WIll probably have some of my closest friends stay with me lol

I swear, do you guys even read the thread title before you complain??? 
eyes.gif


It says "Warning = LONG" 
 
I'm not reading all of that.
But does he have a family? I wouldn't want to stay in there just by myself. WIll probably have some of my closest friends stay with me lol
 
I live like 5 minutes from here. I need to find a way to get invited to one of his parties.
 
Oh . This piece seems to have been written by a person with a thesaurus; It comes off that way when you said "of" instead of "off".
 
I don't care enough to read that but I noticed it said he lost 3.4m in real estate. What are his career earnings, what's his networth?
 
Originally Posted by scshift

I have no sympathy for anyone with ridiculous money who goes broke.

How the hell do you go broke with $10 million dollars? I could ball so hard Jay-Z would want to fine me and still have 5 million remaining
eyes.gif

But you don't.
 
Originally Posted by Swag Odie

Originally Posted by scshift

I have no sympathy for anyone with ridiculous money who goes broke.

How the hell do you go broke with $10 million dollars? I could ball so hard Jay-Z would want to fine me and still have 5 million remaining
eyes.gif

But you don't.

you're just full of witty remarks, aren't you.



with that said, i don't think i could live in such huge houses. i'd be too paranoid of all the open space. and hell if im letting people live there rent free.

give me a nice penthouse on a skyscraper and im good.
 
Originally Posted by 4318MichaelJohnson4318

Who is asking for your sympathy though?

Says the guy worshipping a Track and Field superstar with his username. 
eyes.gif
 
Originally Posted by sillyputty

Originally Posted by Mangudai954

Wow I really hate the writing style of this article.
laugh.gif
 
Yeah I like looking at different real-estate and design blogs from time to time and this was just a little much on the sarcasm she was typing with...she did her research though. 
Originally Posted by Brandon3000

indifferent.gif
 u mad? go get yours

Not at all... more power to him...but the amount of reverence these guys get is still pretty funny for the amount of utterly stupid things they do...but hey, one life to live, right? 

But its funny to see you guys take certain sides on various lock-out debates when it comes to players and their own money. 

Hell, I wish I had even 300,000 to loose...much less 3,000,000... 

Its all for entertainment. 




The only thing funny is the amount of scrutiny and nitpicking that goes into these athletes financial lives.

Rich white people lose millions of dollars making bad business decisions everyday but it's normal so no one makes a big deal about it.

But let an athlete tatted from head to toe make a bad investment and everyone wants to point and laugh.
 
He didn't have to drop so much cash for those homes out here in AZ, The Biltmore area home is dumb big, but not worth no millions and the Phoenix home is the same story
 
Originally Posted by HAM CITY

Originally Posted by sillyputty

Originally Posted by Mangudai954

Wow I really hate the writing style of this article.
laugh.gif
 
Yeah I like looking at different real-estate and design blogs from time to time and this was just a little much on the sarcasm she was typing with...she did her research though. 
Originally Posted by Brandon3000

indifferent.gif
 u mad? go get yours

Not at all... more power to him...but the amount of reverence these guys get is still pretty funny for the amount of utterly stupid things they do...but hey, one life to live, right? 

But its funny to see you guys take certain sides on various lock-out debates when it comes to players and their own money. 

Hell, I wish I had even 300,000 to loose...much less 3,000,000... 

Its all for entertainment. 




The only thing funny is the amount of scrutiny and nitpicking that goes into these athletes financial lives.

Rich white people lose millions of dollars making bad business decisions everyday but it's normal so no one makes a big deal about it.

But let an athlete tatted from head to toe make a bad investment and everyone wants to point and laugh.
Uh...Wow.
Excellent point. I'll concede when I'm wrong... 

Wonder why I had never considered this... I guess that makes me a subtle racist/classist then...huh? 
 
Originally Posted by omgitswes

I'm not reading all of that.
But does he have a family? I wouldn't want to stay in there just by myself. WIll probably have some of my closest friends stay with me lol
Can I crash
 
Originally Posted by sillyputty

Originally Posted by HAM CITY

Originally Posted by sillyputty

laugh.gif
 
Yeah I like looking at different real-estate and design blogs from time to time and this was just a little much on the sarcasm she was typing with...she did her research though. 

Not at all... more power to him...but the amount of reverence these guys get is still pretty funny for the amount of utterly stupid things they do...but hey, one life to live, right? 

But its funny to see you guys take certain sides on various lock-out debates when it comes to players and their own money. 

Hell, I wish I had even 300,000 to loose...much less 3,000,000... 

Its all for entertainment. 






The only thing funny is the amount of scrutiny and nitpicking that goes into these athletes financial lives.



Rich white people lose millions of dollars making bad business decisions everyday but it's normal so no one makes a big deal about it.



But let an athlete tatted from head to toe make a bad investment and everyone wants to point and laugh.
Uh...Wow.
Excellent point. I'll concede when I'm wrong... 

Wonder why I had never considered this... I guess that makes me a subtle racist/classist then...huh? 




I know you're an intelligent due, pull out this stupid %*@$?
 
Originally Posted by HAM CITY

Originally Posted by sillyputty

Originally Posted by Mangudai954

Wow I really hate the writing style of this article.
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Yeah I like looking at different real-estate and design blogs from time to time and this was just a little much on the sarcasm she was typing with...she did her research though. 
Originally Posted by Brandon3000

indifferent.gif
 u mad? go get yours

Not at all... more power to him...but the amount of reverence these guys get is still pretty funny for the amount of utterly stupid things they do...but hey, one life to live, right? 

But its funny to see you guys take certain sides on various lock-out debates when it comes to players and their own money. 

Hell, I wish I had even 300,000 to loose...much less 3,000,000... 

Its all for entertainment. 




The only thing funny is the amount of scrutiny and nitpicking that goes into these athletes financial lives.

Rich white people lose millions of dollars making bad business decisions everyday but it's normal so no one makes a big deal about it.

But let an athlete tatted from head to toe make a bad investment and everyone wants to point and laugh.


It is not that he made ONE bad investment but rather that he systematically bought and sold several high value pieces of property for significant losses.

And what is your point about the media's fascination with celebrities/athletes? Of course an athlete is going to get scrutinized for bad investments rather than that rich dude down the street.
 
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