Jim will be next
Darren Rovell Verified account @darrenrovell
Darius Miles, who grossed more than $65 million in salary & endorsements, has filed for bankruptcy. First reported by Miami Herald.
Sucks to hear. I'll always have a soft spot in my heart for Miles coming back those 10 games or so with Memphis to keep Portland from being able to claim an injury exception on their contract with him.
65m after taxes, he be lucky to have 30-32m....
lol i dont get why rich black idiots needs to fund a posse of freeloaders?
More than enough to live comfortably
Is that what it would end up as once you take the taxes out? Around 30 million?
not if you're smart and invest your money in rental properties. Then you pay zero taxes. He was just too dumb to get good business advice
RE isn't for everyone. Even with property managers and other agents the landlord still has a lot of decision making to do.
Not when your default lifestyle is to spend everything you make.
Idiot.
30m in bring home NBA foodstammps,
And your dumbass broke.
GTFO.
Some s just ain't got it upstairs.
Naturally, as a lot of NBA players come from situations of extreme poverty. They don't even know what its like to be middle class or in some cases, working class. A million dollars is like a billion dollars to them. No concept of money.
There are currently 1 users browsing this thread. (0 members and 1 guests)