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Old 12-17-2013, 09:34 PM   #61
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Charles is right. 72% of all pro athletes are broke within a few years after retiring
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Old 12-17-2013, 10:37 PM   #62
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If you put millions of dollars in most people's hands who never had that kind of money chances are they go broke too. It's like when people win millions in the lotto they go broke fast, because they never had that kind of money, and simply don't know how to handle it.
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Old 12-18-2013, 03:46 PM   #63
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Hectis and Barcode speaking the truth. It's really sad that so many poor blacks play the lottery because they're trying to get rich and the majority of them will never win the lottery hahahahahahahahahahaha. Even if they did win the lottery like Hectis said, they will go broke because they never had that much money. I would never waste money on playing the lottery.
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The TV dinners I like is macaroni and cheese with fish and rice with chicken and broccoli. I also like Stouffer's microwaved spaghetti.
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I also like the food U-God talked about. He said he can cook spaghetti and fried chicken and i would like to taste it to see if he's a good cook. I like spaghetti and fried chicken.
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Old 12-19-2013, 12:50 PM   #64
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Black NFL and NBA athletes also need to stop buying expensive cars and getting stuff added to the cars or trucks like rims, loud stereo system and speakers, tv's, lights underneath the cars or trucks, tinted windows. The reason i say this is because car and truck repairs are very expensive and it costs a lot of money to keep a car and truck running. I would never buy a expensive car if i had a lot of money because like i said, car repairs are expensive. I barely make enough money now to pay for car repairs and i got 2 jobs. I'm lucky that my former job supervisor who's a hispanic guy that referred me to his cousin that's a car mechanic. So whenever i go to him to get my car fixed, he doesn't charge me a lot of money unlike places like Midas, Speedy, Goodyear, Firestone that charge a lot of money for repairs. I've taken my car before to those car repair shops i named and ended up in debt.


These athletes think just because they can afford to pay for expensive car repairs that it's ok to buy expensive cars. But what their dumb asses don't understand is that their career is gonna come to a end and what are they gonna do about paying for car repairs and paying a expensive car note.
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The TV dinners I like is macaroni and cheese with fish and rice with chicken and broccoli. I also like Stouffer's microwaved spaghetti.
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I also like the food U-God talked about. He said he can cook spaghetti and fried chicken and i would like to taste it to see if he's a good cook. I like spaghetti and fried chicken.
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Old 01-24-2014, 11:30 PM   #65
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--- Former NFL quarterback Vince Young has gone from $25.7 million guaranteed to Chapter 11




http://sports.yahoo.com/blogs/nfl-sh...1965--nfl.html
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Old 01-25-2014, 02:30 PM   #66
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I'm not surprised.
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The TV dinners I like is macaroni and cheese with fish and rice with chicken and broccoli. I also like Stouffer's microwaved spaghetti.
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I also like the food U-God talked about. He said he can cook spaghetti and fried chicken and i would like to taste it to see if he's a good cook. I like spaghetti and fried chicken.
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Old 01-25-2014, 03:00 PM   #67
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^ Foolish (re. Vince Young).

Doesn't the league pay out a pretty good pension (ie. an allowance to some of these overpaid idiots)? I wonder what the fine print is on it.
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Old 01-25-2014, 03:05 PM   #68
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I would think former NBA players and former NFL players get a pension check but who knows. I bet if these idiots do get a pension check, they probably still spend their money foolishly hahahahahahahahahaha. You know for them to keep a woman happy, they gotta spend a lot of money on her which also keeps them broke LOL.
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The TV dinners I like is macaroni and cheese with fish and rice with chicken and broccoli. I also like Stouffer's microwaved spaghetti.
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I also like the food U-God talked about. He said he can cook spaghetti and fried chicken and i would like to taste it to see if he's a good cook. I like spaghetti and fried chicken.
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Old 08-02-2014, 07:55 AM   #69
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---- Vin Baker is auctioning off his gold medal from the 2000 Summer Olympics


In 1993, when he was drafted by the Milwaukee Bucks in the years before rookie-scale contracts, Vin Baker signed a 10-year agreement with the team. That deal included an opt-out after the sixth season, by which time Baker had made nearly $17.3 million. He then signed a seven-year, $86.7 million contract with the Seattle SuperSonics, though he chose to negotiate an opt-out settlement after five years in order to make himself a free agent, strangely negating the final two years of the deal. The smaller contracts Baker played on over his final few seasons put his official career earnings at nearly $100 million.

Half of that career was spent disappointing his teams and various fan bases, as Baker struggled with weight issues and an admitted alcohol problem. Though he made four consecutive All-Star teams from 1995-98, Baker’s confidence tailed off in the 1997-98 season (especially at the free-throw line), and his weight ballooned extensively in the lockout months following that campaign.

Baker was still held in high enough regard in 2000 to be awarded a spot on Team USA’s men’s basketball entry at that year’s Summer Olympics. Though the team isn’t as fondly remembered as other recent Olympic outfits, it still earned a gold medal in the tournament.

According to Grey Flannel auctions, via Sports Illustrated, Baker has decided he doesn’t need his medal any more, and he’s deciding to put it up for auction. From the Gray Flannel description:

The gold-plated silver medal weighs 6.85 oz, is 5mm thick and measures 68mm across. It is attached to a 39” turquoise-blue ribbon embroidered with “SYDNEY 2000” in silver. The medal features a design by Australian designer Wojciech Pietranik; it depicts Nike, the Greek goddess of victory, seated above the stadium and chariot along with “XXVII OLYMPIAD SYDNEY 2000”. This translates to “Games of the 27th Olympiad Sydney 2000”. The artist’s initials “WP” appear at the bottom of the design in relief. The verso of the medal features the Olympic rings along with an image of the Sydney Opera House and an Olympic torch. “BASKETBALL” and “MEN” have been engraved along the perimeter. The medal is in MINT condition and comes in a white leather case.

The minimum bid starts at $35,000, and the auction runs until Aug. 20.

Whether Baker is selling the medal because of financial constraints is anyone’s guess, but we can at least try to make an educated one. Baker still has lawsuits pending against his former business advisers, seeking eight figures’ worth of reimbursement from one Daniel Brodeur. From the Hartford Courant in 2012:

According to the lawsuit filed earlier this month in Superior Court in Middletown, Baker says Brodeur and the accounting firm "advanced their own interests to the detriment of mine, and breached their fiduciary responsibilities, obligations, and duties imposed on them by engaging in … dishonest, disloyal and immoral conduct."

According to Baker's application for prejudgment remedy, Baker says that "virtually all of my earnings were spent and/or my investments lost all or nearly all of their value, such that my home in Durham was foreclosed and I was forced to liquidate substantial assets for little or no value, leaving me without resources to meet my financial obligations and living expenses."

Brodeur on Thursday called Baker's allegations "unfounded." Brodeur said he worked closely with Baker's parents throughout the years and that his firm was "just one aspect" of Baker's financial team.

"He had other business advisers," Brodeur said.

Vin Baker, in a more recent New York Daily News interview, professed his career earnings were actually around $105 million, which gives us further insight into the uncounted amount he received in his 2004 buyout. In that same interview, Brodeur is quoted as saying that Baker lost “in the neighborhood of $16 to $17 million” in his settlement with the Boston Celtics, a pretty steep price to pay for wanting to work for another team.

That decision may have been clouded by drinking. As of the Daily News interview from 2013, Baker claims to have been sober for two years, and it features him doing volunteer work at his local church, while studying to get a master’s degree in divinity at a theological school in Manhattan.

It’s unclear as to how much Baker’s medal will fetch. It certainly is a rare artifact, but a memento from a somewhat-disgraced player working on a rather unloved Dream Team entry (Saturday Night Live even produced a parody ad to mock the team’s endless mean-mugging) isn’t exactly the hottest buy around.

Which is a shame. We hope things turn up for Baker, starting with this auction.
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Old 08-11-2014, 01:25 PM   #70
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That's sad about Vin Baker. I liked him when he was with Milwaukee when Glenn Robinson and Ray Allen were there.
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The TV dinners I like is macaroni and cheese with fish and rice with chicken and broccoli. I also like Stouffer's microwaved spaghetti.
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I also like the food U-God talked about. He said he can cook spaghetti and fried chicken and i would like to taste it to see if he's a good cook. I like spaghetti and fried chicken.
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Old 11-21-2014, 11:41 PM   #71
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http://www.si.com/nhl/2014/11/20/jac...y-for-athletes

NHL player broke after parents borrowed millions in his name


Columbus Blue Jackets star Jack Johnson filed bankruptcy last month after his parents took $15 million in his name from his accounts.
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Old 11-22-2014, 12:36 PM   #72
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always watch out for shady relatives when you sign that contract
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Old 12-18-2014, 03:17 PM   #73
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I agree with Holocaust LOL. You also gotta stay away from your friends too because they be after your money. Antoine Walker who's a former NBA player who's broke talked about how much money he wasted on his friends.
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The TV dinners I like is macaroni and cheese with fish and rice with chicken and broccoli. I also like Stouffer's microwaved spaghetti.
Quote:
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I also like the food U-God talked about. He said he can cook spaghetti and fried chicken and i would like to taste it to see if he's a good cook. I like spaghetti and fried chicken.
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Old 12-19-2014, 04:43 PM   #74
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Most of these professional athletes get a pension, ie. an allowance, so essentially they mismanaged their salary money. Still collecting money though. Hard to feel sorry for them. When they claim bankruptcy, they should have their pension money taken. Then they would be "broke".
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Old 12-19-2014, 04:45 PM   #75
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I figured former players get a pension/retirement check. Thanks for saying that because I asked about that before.
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The TV dinners I like is macaroni and cheese with fish and rice with chicken and broccoli. I also like Stouffer's microwaved spaghetti.
Quote:
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I also like the food U-God talked about. He said he can cook spaghetti and fried chicken and i would like to taste it to see if he's a good cook. I like spaghetti and fried chicken.
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