NBA PLAYERS LOSING MILLIONS!

[stuntmovie]

It's remotely possible that one of two GetBiggers could be making 10 to 100 million within the next  20 years or so  ......

So heed the following and get prepared ....

PS .... I'm usually not too interested in this type of information, but I ran across it on some site and thought you GetBiggers would be interested and possibly even elaborate on it.

Latrell Sprewell blew his entire $100 million earnings after years of living life lavishly caught up with him.

After failed business attempts, Derrick Coleman was forced to file for bankruptcy in 2010, owning $2.9 million to multiple creditors. 

Allen Iverson earned $160 million throughout his career, he managed to lose it all due to his gambling problems, the 50 person crew he supported, alcoholism and legal fees. 

Vin Baker  ….   After poor financial decisions and tax problems, he lost most of his $97 million career earnings. 

Shawn Kemp earned over $90 million during his 14 year stretch. But with seven kids by six different women, what money he didn’t pay to them went to his drug-related legal troubles. 

Dennis Rodman …Even after making $27 million over his career, Rodman struggled paying simple bills and was on the brink of depression. 

Eddy Curry …. Major financial issues with family and friends and attempts at quick solutions lead to him losing his $70 million fortune and a personal loan he took out with Allstar Capital left him with a 85% interest rate.

Rick Mahorn … With intentions to help the city of Detroit, failed investments in properties lead to Mahorn filing for bankruptcy in 2010 and being forced to sell his championship ring.

Kenny Anderson … Anderson earned $60 million over a 14-year career but being a car enthusiast, owning a huge mansion in Beverly Hills and child support payments for seven kids took it’s toll. He lost it all after a rough divorce from Tami Ronan, who celebrated immediately after. 

Jason Caffey …. Caffey bounced around a lot during his career in the NBA and made $34 million in the process. He tried to file for bankruptcy in 2008 so that he could avoid paying child support to his ten children from eight different women. 

Gilbert Arenas …… Arenas isn’t close to being broke yet and that is due to his $111 million contract he is still receiving from the Orlando Magic. It is, however, dwindling quickly due to a personal shark tank, some 2,000 pairs of shoes, a seven-bedroom mansion and crazy gambling expenses. 

Eruc Williams … earned $40 million throughout his career. He says he is now homeless and broke due to the divorce from his ex-wife. 

David Harrison ….. earned $4.4 million. In 2013 he was seen working at McDonalds after he was unable to pay for his son’s happy meal. 

More coming up .....

[SF1900]

Eric Williams Salary History:

1995-96    Boston Celtics    NBA    $876,000
1996-97    Boston Celtics    NBA    $1,008,000
1997-98    Denver Nuggets    NBA    $1,139,520
1998-99    Denver Nuggets    NBA    $2,780,000
1999-00    Boston Celtics    NBA    $3,336,000
2000-01    Boston Celtics    NBA    $3,890,000
2001-02    Boston Celtics    NBA    $4,448,000
2002-03    Boston Celtics    NBA    $5,004,000
2003-04    Cleveland Cavaliers    NBA    $5,540,000
2004-05    Toronto Raptors    NBA    $3,580,000
2005-06    Toronto Raptors    NBA    $3,938,000
2006-07    Charlotte Bobcats    NBA    $4,296,000
Career    (may be incomplete)       $39,835,520

[Dave D]

Lol @david Harrison working at McDonald's because he couldn't pay for his sons happy meal......  whatever

[El Diablo Blanco]

Guess the race?

[Doug_Steele]

It's remotely possible that one of two GetBiggers could be making 10 to 100 million within the next  20 years or so  ......

So heed the following and get prepared ....

PS .... I'm usually not too interested in this type of information, but I ran across it on some site and thought you GetBiggers would be interested and possibly even elaborate on it.

Latrell Sprewell blew his entire $100 million earnings after years of living life lavishly caught up with him.

After failed business attempts, Derrick Coleman was forced to file for bankruptcy in 2010, owning $2.9 million to multiple creditors. 

Allen Iverson earned $160 million throughout his career, he managed to lose it all due to his gambling problems, the 50 person crew he supported, alcoholism and legal fees. 

Vin Baker  ….   After poor financial decisions and tax problems, he lost most of his $97 million career earnings. 

Shawn Kemp earned over $90 million during his 14 year stretch. But with seven kids by six different women, what money he didn’t pay to them went to his drug-related legal troubles. 

Dennis Rodman …Even after making $27 million over his career, Rodman struggled paying simple bills and was on the brink of depression. 

Eddy Curry …. Major financial issues with family and friends and attempts at quick solutions lead to him losing his $70 million fortune and a personal loan he took out with Allstar Capital left him with a 85% interest rate.

Rick Mahorn … With intentions to help the city of Detroit, failed investments in properties lead to Mahorn filing for bankruptcy in 2010 and being forced to sell his championship ring.

Kenny Anderson … Anderson earned $60 million over a 14-year career but being a car enthusiast, owning a huge mansion in Beverly Hills and child support payments for seven kids took it’s toll. He lost it all after a rough divorce from Tami Ronan, who celebrated immediately after. 

Jason Caffey …. Caffey bounced around a lot during his career in the NBA and made $34 million in the process. He tried to file for bankruptcy in 2008 so that he could avoid paying child support to his ten children from eight different women. 

Gilbert Arenas …… Arenas isn’t close to being broke yet and that is due to his $111 million contract he is still receiving from the Orlando Magic. It is, however, dwindling quickly due to a personal shark tank, some 2,000 pairs of shoes, a seven-bedroom mansion and crazy gambling expenses. 

Eruc Williams … earned $40 million throughout his career. He says he is now homeless and broke due to the divorce from his ex-wife. 

David Harrison ….. earned $4.4 million. In 2013 he was seen working at McDonalds after he was unable to pay for his son’s happy meal. 

More coming up .....

I still remember when he turned down a three year 21 million dollar deal from the Knicks cause that was not enough to feed his family. 

[Parker]

Yet Jamal Mashburn is making a killing
http://hiphopwired.com/2015/09/30/jamal-mashburn-owns-more-than-80-franchises/

[MAXX]

and this Albert Einstein quote still holds true

"A hebrew and his moneys are soon parted"

[stuntmovie]

MAXX, Albert Einstein never went bankrupt, but Abraham Lincoln did!

As well as many top notch Hollywood stars who are in the doldrums now.

A few years back a family friend living in Los Angeles saw the need of a demanding 'financial mother' and set up a business for newbies entering the movie and TV making business.

She realized that many of these new and young 'stars' in the business would waste their new found income on cars, broads, drugs and booze in a few shirt months ... so she was a CPA and somehow managed to sign up highly paid industry individuals and place them on a monthly  allowance that both mutually agreed upon so that that highly paid individual could have the remaining balance of his 'check'  placed in risk-free, profit making ventures.

She was great at this and none of her associates ever required bankruptcy when their million dollar contracts expired.

I am surprised that the NBA does not offer similar services to their highly paid athletes.

[SupplementGuy]

What is a risk free profit venture exactly? No such thing.

[Man of Steel]

Give a 24 yr old kid 20 million bucks, fame, the adoration of men and the attention of women and there's a good chance he'll go nuts with it.

[Kwon_2]

MAXX, Albert Einstein never went bankrupt, but Abraham Lincoln did!

As well as many top notch Hollywood stars who are in the doldrums now.

They may be in the doldrums, but they'd never be inside the Goodrum

[stuntmovie]

MOS, I totally agree!

In fact I  personally know a young kid who had a monthly income of $32,000, but that monthly income has now dropped to ZERO until he reaches the age of 35 .... thanks to his grandfather who paid attention on how those funds were utilized.

That first month he purchased a Rolex, some gold chains, a Mercedes (financed), and top floor hotel room suites for weekend parties.

Three months later ..... no car, no Rolex, and no more fancy parties.

And he has no idea where those gold chains went.

He's a personal trainer now and can't wait until his 35th birthday.

[NelsonMuntz]

MOS, I totally agree!

In fact I  personally know a young kid who had a monthly income of $32,000, but that monthly income has now dropped to ZERO until he reaches the age of 35 .... thanks to his grandfather who paid attention on how those funds were utilized.

That first month he purchased a Rolex, some gold chains, a Mercedes (financed), and top floor hotel room suites for weekend parties.

Three months later ..... no car, no Rolex, and no more fancy parties.

And he has no idea where those gold chains went.

He's a personal trainer now and can't wait until his 35th birthday.

is his online name Flintstones1?

[Coffeed]

This is what will happen if you raise the minimum wage to $15.

[sway]

Iverson is far from broke, his former advisors looked out for him by spacing out payments of his money throughout the coming years. He may be broke now, but he has money coming in for years.

[Bevo]

MOS, I totally agree!

In fact I  personally know a young kid who had a monthly income of $32,000, but that monthly income has now dropped to ZERO until he reaches the age of 35 .... thanks to his grandfather who paid attention on how those funds were utilized.

That first month he purchased a Rolex, some gold chains, a Mercedes (financed), and top floor hotel room suites for weekend parties.

Three months later ..... no car, no Rolex, and no more fancy parties.

And he has no idea where those gold chains went.

He's a personal trainer now and can't wait until his 35th birthday.

It's the grandfather that is a moron giving him 32k a month 

[basil]

Curt Schilling and Lenny Dykatra know how to blow the through the dough as well.  Different sport and they're white, but were rich athletes that pissed it away. 

[Doug_Steele]

Curt Schilling and Lenny Dykatra know how to blow the through the dough as well.  Different sport and they're white, but were rich athletes that pissed it away.  

I think he invested in a video game that was just not gonna be a very good game and he kept pouring millions and millions into the game.   I still think he might have a better career in politics! 

[Coffeed]

For most of these people it's like winning the lotto... but if you're skilled at the sport you keep winning.

They live like the typical lotto winner and when the money stops, as with most lotto winners, they lifestyle continues.

[Bevo]

Curt Schilling and Lenny Dykatra know how to blow the through the dough as well.  Different sport and they're white, but were rich athletes that pissed it away. 

The bottom line is the majority are not white but our chocolate friends 

I blame it on upbringing or lack of and the whole culture of decadence/bling, hood rich

[oldschoolfan]

curt schilling is a supreme moron

he actually had around 50 million and this moron thought he could start a video game company talk about ego  .

i doubt he can even play , a game on his kids play station.


btw randy johnson is doing just fine

[TuHolmes]

curt schilling is a supreme moron

he actually had around 50 million and this moron thought he could start a video game company talk about ego  .

i doubt he can even play , a game on his kids play station.


btw randy johnson is doing just fine

I think he invested in a video game that was just not gonna be a very good game and he kept pouring millions and millions into the game.   I still think he might have a better career in politics! 

Shilling actually is a complete buffoon... not for investing in gaming, but having no idea how to run a business.

Shilling went out and hired millionaire writers and artists to run the story and production of his game. (Both R.A. Salvatore and Todd McFarlane were on his payroll)

Games can be big money, but you have to put a lot of money into it and your game has to be a hit.

The average cost of a AAA video game is about 20-25 Million dollars. (More if you're releasing a game every 4-5 years like a GTA)

Curt's company put an estimated 120 Million dollars into that game which wouldn't be a problem, except you need to sell about 3 million copies to just break even with that money, and he sold less than 1/2 that.

It was a disaster.

[240 is Back]

Give a 24 yr old kid 20 million bucks, fame, the adoration of men and the attention of women and there's a good chance he'll go nuts with it.

It's happened to most BBers when they turn pro.   They get that $10 mil deal and voila... it's all gone in no time.

[SOMEPARTS]

Mahorn was a good, hard-nosed player. Hated him against the Celts when he was on the Pistons.

[Kwon_2]

Curt Schilling and Lenny Dykatra know how to blow the through the dough as well.  Different sport and they're white, but were rich athletes that pissed it away.  

Yeah but Curt had a vision just wasn't a good businessman

Pity that it Amalur came out too late. Just too many competitiors that were better, and a satiated market at the time.

It was better than the Sacred-franchise though