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"damn i didn't kno it wuz gonna get this bad tho...SMH!!!!"
did i do it right?
Yeah, I think this should pretty much seal it. Blair is done as a member of the spurs.
Bad at ude, no sense of appreciation for opportunities he has been given. I feel a little bad for the guy in that he seems truly clueless, and he'll probably end up like all the other broke, broken stars and semi-stars and role players of the last 20 years, who have to flip burgers at 29 years old trying to ease their way into the D-League for one last shot at the glory they threw away. At the same time, I've never wanted Blair off the team more than now.
"damn i didn't kno it wuz gonna get this bad tho...SMH!!!!"
did i do it right?
wow it's worse than I thought. not only he's been doing this for 3 years, he never bothered to appear in court or file any papers. Dude is not only a loser but a ing stupid ass idiot.
Agree, get rid of this piece of ASAP and don't dare play him a minute of playoffs.
I said this quite awhile ago, that I figured he was spending most, if not all, of his cash on that great booty and other worthless pursuits. That's why his instagram and twitter were so y and desperate, you could tell he's already put himself in a hole despite the Spurs organization giving him a better chance than most ever receive.
what an absolute moron. all too common in sports' leagues.
meanwhile I bet Bonner has his saved up real well, will probably never need to work again but will probably take a job with the Spurs organization.
/facepalm
What makes the story worse is that he was probably spending like crazy during his rookie year when it looked like a matter of time before he'd get a big contract. Now that he's looking at relative peanuts this upcoming summer, it's a forgone conclusion that he'll be broke by the time his NBA career is over.
FWIW, Blair's agent is terrible. This fiasco makes him look lazy. But what was stupid was allowing Blair to sign a four-year contract out of college. If you have a client who had a short shelf life to begin with due to the lack of ACLs, you push for a one year contract to push up the pay day ... not delay it.
Didn't the last CBA allow teams to have options on years 3 & 4 for second rounders also, or was it only firsts?
Maybe Baynes moves ahead of him in the rotation...
The problem for these athletes is they don't seem to get that the gravy train stops immediately after their career is over, which is 6 years on average. They spend like they will keep earning that forever. Their pension kicks in around age 60. So, assuming they are in their early 20's when they enter the nba, they have about 30 years they have to get by on savings...
Then, they (and their financial advisers) make the mistake of entering into risky investments, like starting small businesses like restaurants (with a 50% failure rate), and they have no business management skills.
If they spent their money like they were upper middle to middle class, they would be fine. But there is pressure to spend like they "made it," because of their peers and because the people around them tell them that. The people they grew up with ask for help, and they feel they owe them and they feel like they have discretionary income, so they put dozens of people on their payroll, and poof, it is gone.
The yes men around them can't tell them the truth: that they should treat their savings like untouchable income-generating wealth, and as much as possible, live off the interest. they should spend under 100k/yr (maybe 200k a year if they are able to keep 30 million of their total savings).
if they want to make it the 30 years or so until their pensions kick in. Even then, the pensions are pretty modest, about 60K/yr.
Don't even get me started on how the salary structure in sports is stupid, and how much they would benefit tax-wise from receiving their income provided as an annuity spread out over 20-30 years...
Maybe also because Manu earns in ~2 months sitting on a bench injured the same amount as Blair is earning in 4 years...
This being said a ~4m contract over 4 years must seem like a huge jackpot to a young kid. Except once every has their cut, what's left is only good enough for a nice house, a nice car and a decent retirement plan.
Chances of this getting to DB? close to none, but still....
Dear Dejuan, SMH.....damn DeJuan.....snap the out of it bro. Buying all that stuff impresses people who only want to bring you down to their level. You're better than that, you in the NBA!! them.
Though every man is to make his own failures and success, the choice is yours. Personally, I think nobody in the NBA will be impressed with that bling. If you want to impress people, impress them by being the player San Antonio drafted where other teams passed up. Forget the whispers of agents and other teams' and try to remember what it feels like in the paint BATTLING for the ball. No soft and no super hero , just be you. Understand this may be your only shot at a championship. Understand this dude...
Snap out of it and tell Manu to snap the out of it too. The Matrix has him.
Sometimes I wonder how Blair stayed eligible for two years at Pitt tbh. Dude is seriously dumb as a rock, both on and off the court.
Disappointing stuff from Blair but also a little disappointing that no one from the Spurs was able to take him under their wing. Matt Bonner drives a mid 00's Pontiac Grand Prix for a reason, about 30k+ reasons in fact.
Last edited by Cane; 04-10-2013 at 04:28 PM.
Though I still consider Bonner part of the ranks of dumbasses in the NBA since he voted in support of Billy Hunter during the lockout when Fisher was trying to get him pushed out.
Interesting. Maybe Bonner was getting some of that nepotism money or just wanted to screw over FisherHunter is s
Kick this mother er off our team.
Yeah, financial management issues notwithstanding, Blair got owned with the 4 year rookie contract. Maybe he and his agent believed the added security was worth it when he fell to the second round of the draft. But considering how successful he was in his rookie year, he could have made bank if they had done the LeBron/Wade/Melo plan of a 3 year deal or less. Push up the payday and cash in on that paper. Spurs got a regular season starting center for 3 years for peanuts.
I wonder what Blair's liquid net worth is right now. He'll have made $4M pre-tax over 4 years. And why did he need a $30k loan from the Spurs? Hopefully (for his sake) this is an isolated case of splurging and not one of Blair living egregiously beyond his means.
I can tell you the typical "white collar" millionaire doesn't spend $5000 on a watch. Not even close. Most millionaires are extremely frugal and practice "stealth wealth."
this precipitated a string of hilarious, emo tweets from blair
yep, in fact most of the 'millionaires' we see are not millionaires, just high middle class people up to their eyeballs in debt to appear rich
it's hard to get rich if you're a big spender and can't manage money very well
Blair received a very important email from the Prince of Batswana and had to wire 30k over in order to inherit a cool 10 Milly.
The four year contract was a good deal for the Spurs, but realistically, they paid him what they would have in their first round slot. which is a LOT more than they had to. They never would have paid him for only one year, and if he and his agent pushed for two years, it would have been bare bones minimum, like ~ $1.2M for two years.
I have to think that the jeweler must have been a real big idiot too to give someone 50k worth of jewelry without being able to recoup the expenses. I mean if I can't walk in there and get that kind of swag then why should anyone else?
Tbh, Blair hasn't made that much money. $1 million/year goes by quickly when you start buying houses, cars, etc.
It doesn't surprise me that he can't handle his money well and has to resort to crime, per par.
Some people don't realize how lucky they are...
"god gives bread to those who have no teeth".
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