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May 22, 2024
4:36
:04
pm
Eddie
Truly Addicted User
RE: "NBA players make a lot of money. But they spend a lot of money, too."
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Eddie
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Eddie
Joined
Dec 12, 2002
Last login
Jun 26, 2024
Total posts
44,490 (939 FO)
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Messages
Author
Time
If you earned this much money, any way this happens?
hamaca
All-American
May 22, 4:14pm
#CTESPN
HingleMcCringleberry
May 22, 4:15pm
happens to most NFL rookies. spending > income
Cougarclaw
May 22, 4:16pm
Watch the 30 for 30 called "Broke." It's on Netflix right now. Good summary of
BYU-Ite
May 22, 4:16pm
RE: Watch the 30 for 30 called "Broke." It's on Netflix right now. Good summary of
kccougar
May 22, 4:17pm
"NBA players make a lot of money. But they spend a lot of money, too."
BYUFootballisBack
May 22, 4:18pm
RE: "NBA players make a lot of money. But they spend a lot of money, too."
Eddie
May 22, 4:36pm
Bankruptcy sure. I don't see how he can possibly have less than $50k in assets
JuicyJam
May 22, 4:17pm
Spend it all on cars and experiences
donnerstag
May 22, 4:35pm
Those would still have value exceeding 50k though I’d have to think? He wasn’t
BYUfan92
May 22, 4:43pm
Unless you get talked into leasing instead of buying.
Eddie
May 22, 4:45pm
Cars, jewelry, property, clothes, etc.
JuicyJam
May 22, 4:50pm
Perhaps, but buying cars is one of the quickest ways to sink your wealth
donnerstag
May 22, 5:40pm
Bad business decisions and bad spending habits
fattycoug
May 22, 4:19pm
Well, a lot of these guys like to impress the family and friends back home, and run around with an entourage
Bob Vance
May 22, 4:22pm
I think a lot these guys get taken advantage of-- either stolen from or give it
Socrates Johnson
May 22, 4:24pm
Tyreke Hill (with his 10 kids) rn
CougarCanuck76
May 22, 4:30pm
I worked with a sports agent in Southern Cal early 80's. Lots of basketball
toadie
May 22, 4:41pm
It's a lot easier to lose money than most people think. As BYU-Ite stated above
CougBlu
May 22, 5:03pm
Reminds me of the studies around lottery winners.
Eddie
May 22, 5:10pm
Yeah, if I ever won the lottery, I wouldn’t tell a soul.
CougBlu
May 22, 9:14pm
I wouldn’t tell anybody, but there would be signs.
Powerbait DPM
May 23, 11:54am
I guess you're right.
CougBlu
May 23, 2:14pm
And expect similar things to happen w/big NIL recipients.
Forzaitalia
May 22, 6:41pm
If I had that $$$ I wouldn't borrow anything. Can't go bankrupt w/out debt.
TailgateU
May 23, 1:43pm
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