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Old 11-09-2009, 07:27 AM   #1 (permalink)
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Default 60% of NBA players are bankrupt after 4 years of retirement

NBA.com: Sharpshooter Szczerbiak just fine playing waiting game
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Old 11-09-2009, 08:00 AM   #2 (permalink)
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Well, having 5 to 7 kids can get expensive when you're out of the league.
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Old 11-09-2009, 08:05 AM   #3 (permalink)
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Quote:
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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
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Old 11-09-2009, 04:32 PM   #4 (permalink)
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they think they will never run out.
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Old 11-09-2009, 04:43 PM   #5 (permalink)
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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
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Old 11-09-2009, 05:17 PM   #6 (permalink)
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50% taxes
10% to agent
50% of what's left to divorce
leaves 20% left before any spending kids etc.
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Old 11-09-2009, 06:09 PM   #7 (permalink)
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Still doesn't explain Latrell Sprewell's "I cannot feed my family on $15 million" rant...
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Old 11-09-2009, 06:45 PM   #8 (permalink)
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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!!

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Old 11-09-2009, 07:24 PM   #9 (permalink)
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Quote:
Originally Posted by stumpfreeman View Post
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...
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Old 11-09-2009, 07:43 PM   #10 (permalink)
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Well there's the infamous Patrick Ewing quote...

..."We might make a lot of money but, we also spend a lot of money."
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Old 11-09-2009, 08:31 PM   #11 (permalink)
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Its the living life in the lap of luxury too long....gettin' da Bling-Bling on all da timez LOL! Oh wellz...
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