Getbig Bodybuilding, Figure and Fitness Forums
Getbig Main Boards => Gossip & Opinions => Topic started by: BDsauce on July 29, 2015, 09:08:56 PM
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(http://i.dailymail.co.uk/i/pix/2015/07/30/04/2AF3036500000578-3179436-image-m-69_1438227993861.jpg)
He earned a staggering $100million during his 13-year NBA career.
But now, Vin Baker is working at Starbucks in North Kingstown, Rhode Island, it has emerged.
The four-time All-Star, who enjoyed a glittering career before descending into alcoholism and losing his fortune, is currently serving as a barista - but is training to manage one of the chain's stores.
He thanks Starbucks CEO and chairman Howard Shultz - the owner of the Seattle SuperSonics (now, the Oklahoma City Thunder) when Baker played for them - for the 'excellent' opportunity.
http://www.dailymail.co.uk/news/article-3179436/I-great-talent-lost-Former-NBA-Star-Vin-Baker-earned-100MILLION-working-Starbucks-barista.html
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I'll never understand this.
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Seems like alcoholism may be the cause.
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Can't feel bad for the guy. He's going in the right direction. Lived like a king for a long time. Shit happens.
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I'll never understand this.
Happens by buying Range Rovers when you have a mortgage on your house😉
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Holyshit...
New low..
He will be lucky if Howie payed him $50,000 a year.. to be a manger
:-\
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at the time, his contract was insanely high.
This is 1999 dollars, mind you...
Contract: 7 years, $86 million.
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I'll never understand this.
Me either. If he played for 13 years he should be fully vested in the NBA retirement, which is how much a year? Has to be more than Starbucks pays.
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Me either. If he played for 13 years he should be fully vested in the NBA retirement, which is how much a year? Has to be more than Starbucks pays.
Pensions don't begin to pay until a specific age.
THE BEEF
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Seems like alcoholism may be the cause.
pretty sure a million dollars of booze would kill you , let alone 13 million
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Wish you wouldn't have shown his picture....I wanted to guess the race.
Would've guessed right btw.
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any economy 101 class in high school can tell you that Spending more than you earn continuously will have an impact sooner or later.......after all, it's your money, your decision.....I can't feel sorry for none of these Idiots.......
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Vin Baker signed a basketball card I mailed into him years ago so he's cool by me.
I don't think the card would be worth the paper it was printed on even if I still had it, but the fact that he took the time was a nice gesture.
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(http://i.dailymail.co.uk/i/pix/2015/07/30/04/2AF3036500000578-3179436-image-m-69_1438227993861.jpg)
He earned a staggering $100million during his 13-year NBA career.
But now, Vin Baker is working at Starbucks in North Kingstown, Rhode Island, it has emerged.
The four-time All-Star, who enjoyed a glittering career before descending into alcoholism and losing his fortune, is currently serving as a barista - but is training to manage one of the chain's stores.
He thanks Starbucks CEO and chairman Howard Shultz - the owner of the Seattle SuperSonics (now, the Oklahoma City Thunder) when Baker played for them - for the 'excellent' opportunity.
http://www.dailymail.co.uk/news/article-3179436/I-great-talent-lost-Former-NBA-Star-Vin-Baker-earned-100MILLION-working-Starbucks-barista.html
He signed up for a financial management agency that basically stole all of his money rather than actually manage his assets properly. He's suing for 86 million but there's no way he's getting that back. They fold up as soon as things turn rough.
Bad situation and its quite common unfortunately. When you have money, people will take advantage of you
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I am Jack's complete lack of surprise.
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He signed up for a financial management agency that basically stole all of his money rather than actually manage his assets properly. He's suing for 86 million but there's no way he's getting that back. They fold up as soon as things turn rough.
Bad situation and its quite common unfortunately. When you have money, people will take advantage of you
Did you talk to him last week about it?
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Seems like alcoholism may be the cause.
Alcoholism is a result, usualy, not a cause.
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Did you talk to him last week about it?
X2
Everything is so matter of fact I've heard much about Vin Bakers issues over the years but I have never heard he invested his WHOLE $86 million contract with one financial company, even if it were the case he still had signed at least two other contracts in his career, so that money is unaccounted for.
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X2
Everything is so matter of fact I've heard much about Vin Bakers issues over the years but I have never heard he invested his WHOLE $86 million contract with one financial company, even if it were the case he still had signed at least two other contracts in his career, so that money is unaccounted for.
2.5 million dollar house and a serious alcohol problem.....but you can't drink that much shit up. Even Edom's can fall for it as fast as Brews....Mark Brunnell, Kenny Dystra. Athletes are generally as dumb as rocks for the most part
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2.5 million dollar house and a serious alcohol problem.....but you can't drink that much shit up. Even Edom's can fall for it as fast as Brews....Mark Brunnell, Kenny Dystra. Athletes are generally as dumb as rocks for the most part
I was just giving you a hard time saying he lost his money from a fraudulent financial advisor. You're good Vince, I enjoy busting your chops.
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I don't know how on Earth you lose that much money. However, good on him for trying to put his life back together.
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He works at the Starbucks 2 miles from me. So f'd up.
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Wish you wouldn't have shown his picture....I wanted to guess the race.
Would've guessed right btw.
that would have been easy for you....same race as your real father
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2 surefire ways to end up broke:
1) give your money to a crook
2) fail to set up trusts / corps that limit the amount of money you can withdraw to interest and dividends, and that also shield you from things like lawsuits. Even homes and cars should be separated from personal and primary business interests to limit liability if people get injured on your property or by one of your vehicles.
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Maybe you could get Vin to spill some
coffee on your card so you know he came
full circle....
.
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these nba players should get the top ten financial analysts and let them each manage 10% of their cash.
All of this 'one dude took 90 million from me' is absolutely baffling.
Diversify.
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pretty sure a million dollars of booze would kill you , let alone 13 million
Probably the coke and whores that go with it. Both have a way of emptying your bank accounts.
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Probably the coke and whores that go with it. Both have a way of emptying your bank accounts.
Agreed...combine coke and whores with family and friends who always have their hands out and that money goes quicker than you might imagine
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Latrell spreewells home he rents now, blew 200 million dollars
(http://urbanmilwaukee.com/wp-content/uploads/2013/01/SpreeHouse-250x250.jpg)
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these nba players should get the top ten financial analysts and let them each manage 10% of their cash.
All of this 'one dude took 90 million from me' is absolutely baffling.
Diversify.
Agreed. Diversify, tie just about all of the money up so that you can't take much out, live off interest and dividends, and keep very little in your name.
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Vin Baker signed a basketball card I mailed into him years ago so he's cool by me.
I don't think the card would be worth the paper it was printed on even if I still had it, but the fact that he took the time was a nice gesture.
lol, it was probably one of his "homies" that leeched the money from him that signed it.
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Latrell spreewells home he rents now, blew 200 million dollars
(http://urbanmilwaukee.com/wp-content/uploads/2013/01/SpreeHouse-250x250.jpg)
Snow in July, where is he renting Siberia?
:)
In all seriousness he invented the spinning rims (Spreewells) so in addition to his NBA contracts and whatever shoe deals he had a good 10 year business run in 2002.
Bummer
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Latrell spreewells home he rents now, blew 200 million dollars
(http://urbanmilwaukee.com/wp-content/uploads/2013/01/SpreeHouse-250x250.jpg)
The retard turned down a generous multi million dollar contract claiming he has to feed his children so the team pulled it off the table and no one else offered him a penny. I just love how these ghetto assholes who grow up with nothing all of a sudden look at millions of dollars like it's nothing.
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Latrell spreewells home he rents now, blew 200 million dollars
(http://urbanmilwaukee.com/wp-content/uploads/2013/01/SpreeHouse-250x250.jpg)
they said he has less than $50,000 to his name
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The retard turned down a generous multi million dollar contract claiming he has to feed his children so the team pulled it off the table and no one else offered him a penny. I just love how these ghetto assholes who grow up with nothing all of a sudden look at millions of dollars like it's nothing.
why is he a "ghetto asshole"?..because he's black ?...if a white guiy turned that down would he be a "ghetto asshole" too???
Some black guy must have really kicked your ass at one point.....or maybe spunked in your ass maybe?