OT: Pro Atheletes Who've Been Swindeled, Filed For Bankruptcy, or Will Go Broke Soon

[Franklin]

Unlike those s, Duncan is a smart guy and he knows how to spend his money wisely. Dude's life is incredibly frugal and low-profile for a celebrity of his caliber imho. Even though frauds and the illegal immigrant had taken away a big deal of money from him, he still has more than enough money to sustain his lifestyle for at least two thousand years to come, imho.

[MarCowMar]

Reebok apparently saved Iverson's drinking, gambling self from a lifetime of autograph signings.

As part of his divorce proceedings, it was revealed that at the peak of his career, Reebok set aside a $30 million rainy day trust fund for Iverson. The problem is, he can't touch it until 2030, when he is 55 years old.

http://www.celebritynetworth.com/art...uch-till-2030/

Dunno what figure is right here, but I've seen interviews in the past that indicated he wouldn't end up like Pippen.

Also Tim's case isn't resolved yet. His wife may have gone behind his back, but if it means he gets to keep 100% instead of 50% the whole thing will look a lot more alpha in the long run, and that's what matters.

Really the NBA does a pretty good job of helping its players hang on to some of their money. In the NFL things are much sadder.

[Thread]

His wife may have gone behind his back, but if it means he gets to keep 100% instead of 50% the whole thing will look a lot more alpha in the long run, and that's what matters.

You ain't gettin' your 1st 5th back, dad. Ever.

[unleashbaynes]

The guy lives in San Antonio. No way he ever goes broke.

[UZER]

You ain't gettin' your 1st 5th back, dad. Ever.

what you have to resort to these days

[Thread]

what you have to resort to these days

Absolutely, daddy-O. You ed up there & I ain't the one to let 'er die. Not by a jugful.

They were selling your championship gear on the tv. Yeah. Can you imagine:::switch it out, replace the Spurs with the Lakers,,,sell our one minute and then the next minute we're gone. We'd never hear the end of it. You? , aside from this old er nobody ever said a word about it.

[unleashbaynes]

Then the next year they actually sold our on the TV and it was for realz. Felt soooooooo goooood.

I definitely bought it.

[Thread]

Then the next year they actually sold our on the TV and it was for realz. Felt soooooooo goooood.

I definitely bought it.

Absolutely, daddy-O. And I was here that very day and for many days after taking my lumps---arms crossed in front of me---(I saw this tact employed in the remake of the Alamo & thought it classy.)...tee, hee.

[Killakobe81]

Then the next year they actually sold our on the TV and it was for realz. Felt soooooooo goooood.

I definitely bought it.

It does. Sure we dont play but as fans we matter. Not as much as we may think , like or hope but we do. No problems with that at all. I bet despite the heart-ache of "6" ...5 was like new puss ...even if you hit it 4 times before ...

[UZER]

Absolutely, daddy-O. You ed up there & I ain't the one to let 'er die. Not by a jugful.

They were selling your championship gear on the tv. Yeah. Can you imagine:::switch it out, replace the Spurs with the Lakers,,,sell our one minute and then the next minute we're gone. We'd never hear the end of it. You? , aside from this old er nobody ever said a word about it.

ok man.

[Caltex2]

Low financial literacy makes many athletes susceptible to getting scammed or suffering losses in high-risk investments. Low financial literacy shows up in a poor understanding of how investments work, what cons utes realistic returns and reasonable fees, and how advisers are supposed to interact with clients.

A college education doesn't guarantee financial success. For athletes and others, some vital money lessons are learned the hard way.....




Mike Tyson
Terrell Owens
Allen Iverson
Michael Vick
Lawrence Taylor
Manny Pacquiao
Antoine Walker
Lenny Dykstra
Deuce McAllister
Latrell Sprewell
Scottie Pippen
Steve Francis
Stephon Marbury
Dennis Rodman
Pacman Adam Jones
Tim Duncan

You can be financial literate and make sound decisions and still end up broke and vice versa.

Reebok apparently saved Iverson's drinking, gambling self from a lifetime of autograph signings.



http://www.celebritynetworth.com/art...uch-till-2030/

Dunno what figure is right here, but I've seen interviews in the past that indicated he wouldn't end up like Pippen.

Also Tim's case isn't resolved yet. His wife may have gone behind his back, but if it means he gets to keep 100% instead of 50% the whole thing will look a lot more alpha in the long run, and that's what matters.

Really the NBA does a pretty good job of helping its players hang on to some of their money. In the NFL things are much sadder.

And you forgot club hopping for Iverson. I saw him in a Houston nightclub about 6-7 years ago and he had a police escort caravan for him and his posse.

[Koolaid_Man]

Then the next year they actually sold our on the TV and it was for realz. Felt soooooooo goooood.

I definitely bought it.

But what felt even sooooo much better than that was the year after which was about 2 weeks ago.....you were presented with a 6th chance to repeat...and well....we all saw what happened

[Silver&Black]

No LF is implying it huh Thread . You even posted ITT.

tee, hee

[Thread]

No LF is implying it huh Thread . You even posted ITT.

tee, hee

I never said such.

[Silver&Black]

I never said such.

That's horse . You just said 20 minutes ago that no LF is implying such. Now it's "I never said such"......

Your hand is caught in the Cookie Jar. Now the way I see it...you've got two choices:

1. Admit you made a honest mistake.
2. Throw Kool under the bus and declare him to be full of .

If I was your lawyer...I would advise #2.

[Thread]

That's horse . You just said 20 minutes ago that no LF is implying such. Now it's "I never said such"......

Your hand is caught in the Cookie Jar. Now the way I see it...you've got two choices:

1. Admit you made a honest mistake.
2. Throw Kool under the bus and declare him to be full of .

If I was your lawyer...I would advise #2.

Christ, Kool was being facetious, &. His tongue was firmly set in cheek. Just joshin' ya's. Funnin' about. That's why he set the smiliy next to Tim's name.

You're blood drunk, &. Calm the down.

[Silver&Black]

You're blood drunk, &. Calm the down.

I'm still ornery bout the Clipps....I'm sure you understand.

[Thread]

^And you should be---it was all right there in front of you. An easier path to a repeat does not exist. You own LeBron's jock. Right this second you'd be sittin' on easy street torturing LF, makin' us eat the sandwiches as quick as Kori could make 'em. Instead, look at ya's. Just sad for you fellows.