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Getbig Misc Discussion Boards => Sports Discussion Boards => Topic started by: BayGBM on October 28, 2009, 10:26:48 AM
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Former Celtics star Antoine Walker is broke and in debt
By J.E. Skeets
In 12 years, Antoine Walker(notes) made more than $110 million playing professional basketball moderately well. Take away taxes, throw in some adidas endorsement money and a "NBA Live 99" cover, and he's left with, what, $60-to-65 million?
Whatever the details, it was a big chunk of change, which, amazingly, wasn't enough.
That's right, during the last several months, the once multi-millionaire athlete has been pursued by multiple financial institutions for unpaid debts.
In fact, according to The Boston Globe, "Employee No. 8" owes more than $4 million to his creditors and is facing felony check fraud charges in Las Vegas. All of this at the age of 33. Wild.
Now I know what you're thinking: How in the world does somebody — not named Montgomery Brewster — even begin to blow through that amount of money?
The answer: fairly easily.
"[Walker] liked to move in an outsized entourage; his mother estimates that, during his playing days, he was supporting 70 friends and family members in one way or another. And speaking of his mother, he built her a mansion in the Chicago suburbs, complete with an indoor pool, 10 bathrooms, and a full-size basketball court. [...]
Living at the Bishops Forest condominium complex in Waltham during the Celtics season, Walker turned the pavement surrounding his home into a virtual luxury car lot — two Bentleys, two Mercedes, a Range Rover, a Cadillac Escalade, a bright red Hummer. Often, the vehicles were tricked out with custom paint jobs, rims, and sound systems at considerable added expense. He also collected top-line watches — Rolexes and diamond-encrusted Cartiers."
Condos, luxury cars, watches ... I guess that'll eventually force you into bankruptcy. Especially when you're not investing any money or collecting $200 with every fifth or sixth roll of the die.
But Walker's lavish lifestyle wasn't all "me-me-me." He was also a generous friend and teammate who had custom suits made for coaches, routinely picked up giant team dinner tabs and, when there were funds to spare, gave to underprivileged youngsters. He was basically spending money like it was going out of style.
And it did.
I guess Biggie was right after all: mo' money, mo' problems.
http://sports.yahoo.com/nba/blog/ball_dont_lie/post/Former-Celtics-star-Antoine-Walker-is-broke-and-?urn=nba,198509
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He has a gambling addiction. gambled it all away :-X
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He has a gambling addiction. gambled it all away :-X
Still don't feel sorry for him.
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Still don't feel sorry for him.
I dont either, just saying.
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>he built her a mansion in the Chicago suburbs, complete with an indoor pool, 10 bathrooms, and a full-size basketball court.
The guy is a moron! We all love our mothers. Buy her a house? Sure. But does anyone's mom need a house like that?
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thats sad to hear, and i do feel bad for him. i can see why this would happen with athletes who dont get educated or are too inundated with the life style. Sounds like he had a big heart and tendency to over indulge.
its amazing that salary wise he and others like him made 10x more than Magic but Magic had the business sense to use his salary to make even more money.
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>he built her a mansion in the Chicago suburbs, complete with an indoor pool, 10 bathrooms, and a full-size basketball court.
The guy is a moron! We all love our mothers. Buy her a house? Sure. But does anyone's mom need a house like that?
Not even close to the reason why he is broke. I can see why he'd build her a house like that, because a home appreciates in value and perhaps he really likes his mother. Not to mention, the home was what 5 million or so? Again, this guy is broke because of his compulsive gambling. He was caught in a Casino! He'd bet hundreds of thousands at the drop of a hat - ALL the time....that's why he's broke.
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He probably placed bets on the games he played in, too.
What a dumbass to piss away all of his money away like that.
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I live down the street from this guy. I saw him at the local Shaw's market with a smoking hot black chick. His cart was LOADED with Top Ramen noodles and cranberry juice.
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This guy has all sorts of baby mama issues as well.
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>he built her a mansion in the Chicago suburbs, complete with an indoor pool, 10 bathrooms, and a full-size basketball court.
The guy is a moron! We all love our mothers. Buy her a house? Sure. But does anyone's mom need a house like that?
Actually, it proved to be a brilliant move, since it looks like he's going to have to move back in with her.
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Actually, it proved to be a brilliant move, since it looks like he's going to have to move back in with her.
Sweet....he's got getbig material writtne all over him. ;D
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Sweet....he's got getbig material writtne all over him. ;D
Yep...he'll be on here, owning tiny tits for a while, then get owned beyond belief by someone and will thereafter get called out by name on a regular basis. "Go back to your mom's basement and forge more checks, Antoine. Epic self-destruction, he won't recover."
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I live down the street from this guy. I saw him at the local Shaw's market with a smoking hot black chick. His cart was LOADED with Top Ramen noodles and cranberry juice.
LOL!