60% of NBA players are bankrupt after 4 years of retirement

blowoutcards · 11-09-2009, 07:27 AM

NBA.com: Sharpshooter Szczerbiak just fine playing waiting game

solt0131 · 11-09-2009, 08:00 AM

Well, having 5 to 7 kids can get expensive when you're out of the league.

bjtheman1 · 11-09-2009, 08:05 AM

Quote:

Originally Posted by solt0131

Well, having 5 to 7 kids can get expensive when you're out of the league.

Also, that continuous luxury lifestyle they all have to maintain is what always breaks them

nuggetsman28 · 11-09-2009, 04:32 PM

they think they will never run out.

BAMBAM · 11-09-2009, 04:43 PM

Family members and loser friends mooching off you doesn't help either. Plus many of these kids just piss away their money on nonsense that does nothing but depreciate in value.......kind of like a higher, even more expensive form a case ripping

gomiamigo · 11-09-2009, 05:17 PM

50% taxes
10% to agent
50% of what's left to divorce
leaves 20% left before any spending kids etc.

Zacky1053 · 11-09-2009, 06:09 PM

Still doesn't explain Latrell Sprewell's "I cannot feed my family on $15 million" rant...

stumpfreeman · 11-09-2009, 06:45 PM

OH PLEEEAASSEE!! Cry me a river!! These poooor guys.

I don't feel one ounce of sympathy for any of them (unless of course they suffer some catastrophic event). It's called living within your means, and we all have to do it!!

STUMP

Zacky1053 · 11-09-2009, 07:24 PM

Quote:

Originally Posted by stumpfreeman

OH PLEEEAASSEE!! Cry me a river!! These poooor guys.

I don't feel one ounce of sympathy for any of them (unless of course they suffer some catastrophic event). It's called living within your means, and we all have to do it!!

STUMP

Many of them make it appear that they are unintentionally forced to spend their millions because they have the money. They buy a sexy $250,000 car when they could buy a $30,000 one that will probably last longer and offer better gas mileage. I could go on forever...

MasterPattie · 11-09-2009, 07:43 PM

Well there's the infamous Patrick Ewing quote...

..."We might make a lot of money but, we also spend a lot of money."

Highcheese4U · 11-09-2009, 08:31 PM

Its the living life in the lap of luxury too long....gettin' da Bling-Bling on all da timez LOL! Oh wellz...

11-09-2009, 07:27 AM	#1 (permalink)
blowoutcards Administrator Join Date: Jun 2007 Posts: 7,495 blowoutcards	60% of NBA players are bankrupt after 4 years of retirement NBA.com: Sharpshooter Szczerbiak just fine playing waiting game __________________ Shop for Sports Cards and Trading Cards

11-09-2009, 04:32 PM	#4 (permalink)
nuggetsman28 Member Join Date: Jul 2009 Location: Charlotte, N.C Posts: 3,942	they think they will never run out. __________________ Wild'n Cuz I'm Young... The True Cudder Stan. "Thank the Lord for that burning bush, that big body Benz I was born to push..." - Just What IAm

11-09-2009, 04:43 PM	#5 (permalink)
BAMBAM Member Join Date: Jul 2007 Location: Southern New Jersey Posts: 8,395	Family members and loser friends mooching off you doesn't help either. Plus many of these kids just piss away their money on nonsense that does nothing but depreciate in value.......kind of like a higher, even more expensive form a case ripping __________________ IF YOU CAN'T TAKE AN HONEST REPLY THEN DON'T ASK. ALWAYS BUYING '97 LEGENDS AUTOS OR H.O.F. AUTO NEEDS

11-09-2009, 05:17 PM	#6 (permalink)
gomiamigo Member Join Date: May 2008 Location: PA Posts: 1,751 esmoney gomiamigo	50% taxes 10% to agent 50% of what's left to divorce leaves 20% left before any spending kids etc. __________________ s86.photobucket.com/albums/k91/sheltone_2006

11-09-2009, 06:45 PM	#8 (permalink)
stumpfreeman Member Join Date: Jan 2008 Location: Minnesota Posts: 2,640 cantankorous	OH PLEEEAASSEE!! Cry me a river!! These poooor guys. I don't feel one ounce of sympathy for any of them (unless of course they suffer some catastrophic event). It's called living within your means, and we all have to do it!! STUMP __________________ Check out my photobucket by clicking on my homepage in the drop down list under my username. Looking for any Twins cards I don't have, and Mickey Mantle refractors that I don't have. I will trade for bait, on occasion. 2011 Topps Chrome auto set completed!!

11-09-2009, 08:00 AM	#2 (permalink)
solt0131 Member Join Date: Jul 2007 Location: Pittsburgh, PA Posts: 4,831 PghSportsCards	Well, having 5 to 7 kids can get expensive when you're out of the league.

11-09-2009, 06:09 PM	#7 (permalink)
Zacky1053 Member Join Date: Oct 2007 Posts: 21,463 Zacky1053	Still doesn't explain Latrell Sprewell's "I cannot feed my family on $15 million" rant...

11-09-2009, 07:43 PM	#10 (permalink)
MasterPattie Member Join Date: Jan 2009 Location: Ohio (but originally from Michigan) Posts: 6,240 1stroundpick	Well there's the infamous Patrick Ewing quote... ..."We might make a lot of money but, we also spend a lot of money."

11-09-2009, 08:31 PM	#11 (permalink)
Highcheese4U Member Join Date: Sep 2008 Posts: 2,750 shayne_man	Its the living life in the lap of luxury too long....gettin' da Bling-Bling on all da timez LOL! Oh wellz... __________________ GO Miami Dolphins & Pittsburgh Steelers!!! GO YANKEES & PIRATES! Currently Trading for: Bobby ABREU, Don MATTINGLY, Greg SALAS, Kila KA'AIHUE, Kolten WONG, Greg GARCIA, Vinnie CATRICALA

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