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Getbig Main Boards => Gossip & Opinions => Topic started by: spinnis on May 29, 2010, 05:54:44 AM
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Broke Ballers: 11 Athletes Who Threw Away Their Million-Dollar Fortunes
(http://www.blogcdn.com/www.streetlevel.com/media/2010/05/algeddy-curry.jpg)
* A recent story in USA Today reported that New York Knicks center Eddy Curry is currently in debt, despite the fact he's still playing out the remainder of a six-year, $60 million contract. His main expenses? A $6,000-per-month chef, a $16,000 monthly allowance that he sets aside for friends and family and a $570,000 personal loan he's trying to pay off that carries a whopping 85 percent interest rate. Yiiiiiiikes!
Unfortunately, Curry's case isn't unique. Despite all their fame and fortune, there are dozens of pro athletes who have blown through their bankrolls and lived above their means during and after their playing days. They've made too many bad investments, bought too many cars, fathered too many children and taken too many risks when it comes to their money. To prove the point, StreetLevel tracked down 11 athletes who inexplicably declared bankruptcy after enjoying long and prosperous professional careers. Prepare to be disappointed.
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Latrell Sprewell
He'll always be known as the guy who turned down a three-year, $21 million contract from the Minnesota Timberwolves in 2004 by saying, "I have a family to feed," but the truth is that Spre made plenty of money during his NBA playing days. He actually signed a five-year, $62 million deal with the Knicks in 1999. But since retiring in 2006, he's had his yacht repossessed, been sued by a former girlfriend for $200 million, and had two of his homes foreclosed on. Kinda chokes you up, no?
(http://www.blogcdn.com/www.streetlevel.com/media/2010/05/evander-holyfield0.gif.jpg)
Evander Holyfield
Ever wonder why this guy just can't leave the (boxing) game alone? Answer: He's got at least 11 kids (Sidebar: You know you've got a lotta kids when you throw words like "at least" around to keep count). It's just one of the reasons he's struggled to keep up with his bills. In 2008, a bank foreclosed on his $10 million Atlanta mansion and a landscaping company also sued him for failing to make $500,000 worth of payments. All of that has helped knock out his financial situation.
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Kenny Anderson
A standout point guard from New York City, Anderson made more than $60 million during his NBA career. But thanks to a divorce settlement that set him back almost $6 million, hefty child support payments to his ex-wife Tami (the chick from Real World: Los Angeles) and reckless spending, he lost all of it. He recently graduated from St. Thomas University in Miami, but things haven't exactly gone as planned for the only guy to ever go all-city all four years of high school in NYC.
(http://www.blogcdn.com/www.streetlevel.com/media/2010/05/antoine-walker.jpg)
Antoine Walker
Probably the biggest cautionary tale on this list. Walker didn't just go broke, he went for broke. Though he made more than $100 million during his NBA career, Walker now owes creditors and casinos large sums of money. He's spent all his supporting a gigantic entourage, buying up cars, building his mother a ridiculous pad in Chicago, gambling with Michael Jordan and routinely flaunting his wealth. Sad.
(http://www.blogcdn.com/www.streetlevel.com/media/2010/05/p1pippengetty.jpg)
Scottie Pippen
Like Evander Holyfield, Pippen played in the NBA for way longer than he should have to make a couple extra bucks. Because despite the $120 million he earned playing alongside Michael Jordan, it didn't last. He blew through almost $30 million by trusting his lawyer to make investments for him and also made lavish purchases, like the $4.3 million Gulfstream II corporate jet he bought in the early 2000s. Bad move.
(http://www.blogcdn.com/www.streetlevel.com/media/2010/05/marionjones.jpg)
Marion Jones
The former track-and-field star didn't just lose her dignity after steroid use forced her out of the sport. She also lost a lot of her money. With no income coming in, she struggled to pay the mortgage on her $2.5 million home in North Carolina andhad to sell her mother's home to help pay off her bills. She served six months in prison, too, for lying to federal authorities about her steroid use. She's currently playing for the WNBA's Tulsa Shock to try and restore some normalcy to her life.
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Hahahahah, to quote Smithers from the Simpsons: "Misappropriation of funds"
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Wow - they are all black???
Thats shocking. Who would have thought that? ::)
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balance the playing field imbecile.
(http://laborparty.files.wordpress.com/2008/11/lenny_dykstra1.jpg)
lenny Dykstra
Ironically, Nails spent his retirement trying to show pro athletes how to make money by investing in the stock market. He even started a magazine called The Players Club to show them how to make the most of their money. But he struggled to keep his operations afloat, eventually declaring bankruptcy in 2009 after a bunch of creditors came after him when he started missing payments on his mortgage, his business office's rent and his credit cards. Reports say he's now living out of his car in California. Tough.
(http://img.dailymail.co.uk/i/pix/2007/06_01/John090607_468x605.jpg)
John Daly
Here's a guy who's not exactly a poster child for anything. He smokes on the golf course, drinks 'til he passes out and apparently gambles. A lot. In fact, in his 2006 autobiography, Daly revealed he's lost more than $50 million at casinos over the course of the last two decades. He's still ticking thanks to golf, paid public appearances and sponsorships, but you have to believe there's more money to be lost in his future.
(http://www.insidestl.com/Portals/0/STLCardinals/clark2.JPG)
Jack Clark
Proof that blowing the bank can happen to anyone. The former Major League Baseball first baseman enjoyed a successful career before declaring bankruptcy in 1992. The reason? Thanks to his passion for automobiles, he was paying 17 car notes every month on rides like a $700,000 Ferrari and a Rolls-Royce. He's reportedly gotten back on his feet since then, but his story continues to provide one of the most ridiculous examples of reckless spending in sports history.
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balance the playing field imbecile.
::) ::)
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Kenny Anderson got screwed by that judge to the point where most other attorneys and other judges agree that it was bullshit. Scottie Pippen got ripped off by his accountant but he was smart enough to keep 14 million in the toolshed.
Evander Hollifield is the worst off actually. He's actually got less money in the bank than Mike Tyson and is actually close to the amount MC Hammer has. But Evander is the WBF Heavyweight Champion at least and that's not bad when you're 47 years old.
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::) ::)
roll your eyes all you want "i'm a stupid mfer". that list had white athletes also. f##kin moron.
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Broke Ballers: 11 Athletes Who Threw Away Their Million-Dollar Fortunes
Where are the other 4?
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roll your eyes all you want "i'm a stupid mfer". that list had white athletes also. f##kin moron.
Im trying to provoke dumbass why would I include the white'ys then? ;D
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I think Patrick Ewing summed it up best, "Sure we make a lot of money, but we spend a lot of money too."
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balance the playing field imbecile.
l\
stop lying to yourself to make your fragile minority mind feel better about itself.............it doesnt matter if dykstra failed business wise, and his COMPANY declared bankrupcy......none of that affects his PERSONAL funds.............HE STILL HAS PLENTY OF MONEY
that fat golfer spent 10's of millions and ........STILL HAS PLENTY OF MONEY
we are talking about BLACK athletes who took their money and purchased jewlery, cars, houses, bitches, and babies ...UNTIL ZERO WAS LEFT
you just made yourself look like a retard..............the white guys you mentioned still have TONS of money.......as compared to the black guys who are BROKE
stop with the minority insecurity
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Jealousy is a waste of energy.
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balance the playing field imbecile.
(http://laborparty.files.wordpress.com/2008/11/lenny_dykstra1.jpg)
lenny Dykstra
Ironically, Nails spent his retirement trying to show pro athletes how to make money by investing in the stock market. He even started a magazine called The Players Club to show them how to make the most of their money. But he struggled to keep his operations afloat, eventually declaring bankruptcy in 2009 after a bunch of creditors came after him when he started missing payments on his mortgage, his business office's rent and his credit cards. Reports say he's now living out of his car in California. Tough.
(http://img.dailymail.co.uk/i/pix/2007/06_01/John090607_468x605.jpg)
John Daly
Here's a guy who's not exactly a poster child for anything. He smokes on the golf course, drinks 'til he passes out and apparently gambles. A lot. In fact, in his 2006 autobiography, Daly revealed he's lost more than $50 million at casinos over the course of the last two decades. He's still ticking thanks to golf, paid public appearances and sponsorships, but you have to believe there's more money to be lost in his future.
(http://www.insidestl.com/Portals/0/STLCardinals/clark2.JPG)
Jack Clark
Proof that blowing the bank can happen to anyone. The former Major League Baseball first baseman enjoyed a successful career before declaring bankruptcy in 1992. The reason? Thanks to his passion for automobiles, he was paying 17 car notes every month on rides like a $700,000 Ferrari and a Rolls-Royce. He's reportedly gotten back on his feet since then, but his story continues to provide one of the most ridiculous examples of reckless spending in sports history.
Dykstra is always advertising his "deep in the money Call option strategy on cnbc..He's never had a bad pick...150 wins zero losses.
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stop lying to yourself to make your fragile minority mind feel better about itself.............it doesnt matter if dykstra failed business wise, and his COMPANY declared bankrupcy......none of that affects his PERSONAL funds.............HE STILL HAS PLENTY OF MONEY
that fat golfer spent 10's of millions and ........STILL HAS PLENTY OF MONEY
we are talking about BLACK athletes who took their money and purchased jewlery, cars, houses, bitches, and babies ...UNTIL ZERO WAS LEFT
you just made yourself look like a retard..............the white guys you mentioned still have TONS of money.......as compared to the black guys who are BROKE
stop with the minority insecurity
wtf did u just write? i'm messing with swede as usual. sorry...i'm too busy trying to get my line of credit back for school from Bank of America to care what these douches do with their money?
http://www.getbig.com/boards/index.php?topic=331793.msg4741983#msg4741983 (http://www.getbig.com/boards/index.php?topic=331793.msg4741983#msg4741983)
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Add Jamarcus Russel to the list in 2 years.
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Why are they mostly black? Well look at how many black pro sports stars there are...
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Why are they mostly black? Well look at how many black pro sports stars there are...
watch out wiggs? this could evoke a response from devilwhore and german welfare child turtleneck. btw...both are brown, ethnic and pretty much have brown man features.
(http://thenashvilleminx.files.wordpress.com/2009/04/cuba_cigar_350.jpg)
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why are they all black?
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why are they all black?
Because blacks just LOVE their 'bling' and seem to believe that luxury cars and jewelery take precedence over providing food, shelter and stability... seriously, for proof I suggest watching that reality show P. Diddy had where he put together a hip hop group (there was like 5 or 6 of them) recorded them and toured them live, giving them cash money for doing shows and recording... every one of these idiots spent the money they got (close to $100,000) on 'bling', $50,000 diamond encrusted watches or diamond chains, not one of these morons put it away or invested in mutual funds or a business or even property.
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Because blacks just LOVE their 'bling' and seem to believe that luxury cars and jewelery take precedence over providing food, shelter and stability... seriously, for proof I suggest watching that reality show P. Diddy had where he put together a hip hop group (there was like 5 or 6 of them) recorded them and toured them live, giving them cash money for doing shows and recording... every one of these idiots spent the money they got (close to $100,000) on 'bling', $50,000 diamond encrusted watches or diamond chains, not one of these morons put it away or invested in mutual funds or a business or even property.
typical negro behavior unfortunately. Wiggs is in the minority. He is an intelligent lad I think.
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why are they all black?
Because blacks (and other people of color) dominate most sports.
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how come whenever someone owns G Thang he ALWAYS responds with,..I was just messing with or I was just kidding,....good grief what a chump
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how come whenever someone owns G Thang he ALWAYS responds with,..I was just messing with or I was just kidding,....good grief what a chump
i thought you didnt like the 666 guy, cant remember the rest of his handle...disturbed?
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i thought you didnt like the 666 guy, cant remember the rest of his handle...disturbed?
i have a headache i smoked to many cigars
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Kenny Anderson got screwed by that judge to the point where most other attorneys and other judges agree that it was bullshit. Scottie Pippen got ripped off by his accountant but he was smart enough to keep 14 million in the toolshed.
Evander Hollifield is the worst off actually. He's actually got less money in the bank than Mike Tyson and is actually close to the amount MC Hammer has. But Evander is the WBF Heavyweight Champion at least and that's not bad when you're 47 years old.
Evander has like 10 kids too I think in bad shape bro.
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watch out wiggs? this could evoke a response from devilwhore and german welfare child turtleneck. btw...both are brown, ethnic and pretty much have brown man features.
(http://thenashvilleminx.files.wordpress.com/2009/04/cuba_cigar_350.jpg)
dude wtf :D,
it's you who ALLWAYS rants about how black is so good and how you are such a victim to this crule crule whitey world, sheesh... I agree with wiggs, mostly blacks are superstars in sports so most definetely they will also fuck up... what the hell are you ranting about now you stupid black dumb ass kunta kinte, ubu gu gu bubu me ami me ami good gorilla!!!
jesus FUCKING christ stfup!! you have no idea what you just said even :D
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dude wtf :D,
it's you who ALLWAYS rants about how black is so good and how you are such a victim to this crule crule whitey world, sheesh... I agree with wiggs, mostly blacks are superstars in sports so most definetely they will also fuck up... what the hell are you ranting about now you stupid black dumb ass kunta kinte, ubu gu gu bubu me ami me ami good gorilla!!!
jesus FUCKING christ stfup!! you have no idea what you just said even :D
right in your heart....b###h. :)
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right in your pagan heart....b###h. :)
you're like a god damn mosquitoe, quit with bullshit allready fucking enough with that shit! Go snort some heroin of a nuns pussy or something.
second of all, you said i have brown man features? hell yeah I have brown man features, and my temper is like with a turkish. So I'm a perfect mix. Narrow face, pussy eating lips, light eyes, human nose, brown hair... and i have more balls than any running horse, biaatch!