I know it sounds crazy...but 40 million isn't "really" all that much over the years. Now if it was 40 million PER year, yes.
When I was a kid in the 1960's it was said that if you had a million dollars you could never spend it all in your lifetime.
Money is so worthless now that it's not true anymore. Hell... a nice house is a million bucks.
A few nice cars and you've spent another million.
Then taxes will take over half your money (federal tax, state tax, county tax, property tax, and tax on everything you purchase).
The guy lived a nice lifestyle and now has nothing. He played in the NBA for 12 years. So he averaged less than 4 million a year gross.
Yeah...a few fucked up investments, a divorce or two...and you could easily lose all that money. Especially since a dollar of 2014 is only worth 13 cents in the year I was born.
Our money no longer has value, and the guy made some poor choices.
EDIT: He's still a young man by the way. No reason he doesn't go out and get a fucking job.
