Another $100 million broke athlete ...... - GoFuckYourself.com - Adult Webmaster Forum

X

L-Pink

working on my tan

Join Date: Mar 2005

Posts: 39151
Share

Post
#1

Another $100 million broke athlete ......

10-28-2009, 08:21 AM

Antione Walker clears $60-$65 million over 10 years and is now broke. Anyone want to bet he shoots himself? Honestly, what do these guys then do the rest of their lives?

http://sports.yahoo.com/nba/blog/bal...urn=nba,198509

.
Tags: None
Wilsy

Confirmed User

Join Date: Oct 2009

Posts: 1865
Share

Post
#2

10-28-2009, 08:24 AM

How can anyone blow that amount of money?

Affiliate Manager
Comment
Fat Panda

Porn is Dead. Move along.

Join Date: Aug 2006

Posts: 13296
Share

Post
#3

10-28-2009, 08:30 AM

stupid fucker, no pitty here
Comment
Phoenix

BACON BACON BACON

Join Date: Nov 2002

Posts: 35475
Share

Post
#4

10-28-2009, 08:33 AM

that is alot of money to waste...surely he has it tied up in real eastate? and he can just sell 1-2 properties?

man these guys should really watch their money

us as well...here today gone tomorrow

Telegram PhoenixBrad
https://quantads.io
Comment
Scott McD

Too lazy to set a custom title

Join Date: Nov 2002

Posts: 67792
Share

Post
#5

10-28-2009, 08:33 AM

All that money for playing basketball anyway? Crazy.

I Buy My High Quality Traffic Here, You Should Too!
Comment
seeric

..........

Join Date: Aug 2004

Posts: 41917
Share

Post
#6

10-28-2009, 08:35 AM

theres a term for that in the urban dictionary.

i believe they call it hood rich.

one thing that doesn't allow me to pity him is when you get those contracts the teams know that these guys have no financial sense. the teams make introductions to money managers and huge financial companies that can help them.

he prob didnt take that assistance.
Comment
seeric

..........

Join Date: Aug 2004

Posts: 41917
Share

Post
#7

10-28-2009, 08:37 AM

Originally posted by Phoenix

that is alot of money to waste...surely he has it tied up in real eastate? and he can just sell 1-2 properties?

man these guys should really watch their money

us as well...here today gone tomorrow

This is from the article.

Originally posted by Yahoo

The answer: fairly easily.

"[Walker] liked to move in an outsized entourage; his mother estimates that, during his playing days, he was supporting 70 friends and family members in one way or another. And speaking of his mother, he built her a mansion in the Chicago suburbs, complete with an indoor pool, 10 bathrooms, and a full-size basketball court. [...]

Living at the Bishops Forest condominium complex in Waltham during the Celtics season, Walker turned the pavement surrounding his home into a virtual luxury car lot ? two Bentleys, two Mercedes, a Range Rover, a Cadillac Escalade, a bright red Hummer. Often, the vehicles were tricked out with custom paint jobs, rims, and sound systems at considerable added expense. He also collected top-line watches ? Rolexes and diamond-encrusted Cartiers."

Condos, luxury cars, watches ... I guess that'll eventually force you into bankruptcy. Especially when you're not investing any money or collecting $200 with every fifth or sixth roll of the die.

He was footing the bill for all his homies in the hood too. lol.
Comment
undersoul

Confirmed User

Join Date: Sep 2006

Posts: 1212
Share

Post
#8

10-28-2009, 08:47 AM

crazy how they can blow all that money so easy and so fast

**RIP TD**
Comment
L-Pink

working on my tan

Join Date: Mar 2005

Posts: 39151
Share

Post
#9

10-28-2009, 08:52 AM

Originally posted by undersoul

crazy how they can blow all that money so easy and so fast

A few weeks ago I posted an article with with some staggering facts:

* 78% of ALL NFL players are in bankruptcy or facing severe financial problems within 2-3 years of retirement.

* 60% of ALL NBA players have the same problem within 5 years of retiring.

.
Comment
Martin

"Assassins"

Join Date: Dec 2001

Posts: 17274
Share

Post
#10

10-28-2009, 08:55 AM

Black folks aren't the greatest with money. They seem to be good at getting it, not so good at keeping it.
Comment
DaddyHalbucks

A freakin' legend!

Join Date: Feb 2004

Posts: 18975
Share

Post
#11

10-28-2009, 09:12 AM

Last edited by DaddyHalbucks; 10-28-2009, 09:16 AM.

Boner Money
Comment
DaddyHalbucks

A freakin' legend!

Join Date: Feb 2004

Posts: 18975
Share

Post
#12

10-28-2009, 09:17 AM

Boner Money
Comment
shimmy2

Confirmed User

Join Date: Mar 2009

Posts: 3271
Share

Post
#13

10-28-2009, 09:18 AM

Originally posted by Martin

Black folks aren't the greatest with money. They seem to be good at getting it, not so good at keeping it.

black people in general tend to want to uplift their families and their communities when they get a windfall of money, hence the entourage and the houses & benzes for everyone mentality. it doesn't matter if they're a rapper/athlete/actor/webmaster or just some street nigga that picked 6 lucky lotto numbers on the right day, at least this guy made a attempt to bring his people with him to the top and i respect and credit him for that. so what if he "blew" the cash, its not like he can't make more. and by the way that was just some ignorant shit you just said but i just saw that you're canadian

Make $$$ with Toticos.com! | Email: 1bluemiata@gmail | Joutube: ShimmyCash | Faceberg: ShimmyCash
Comment
seeandsee

Check SIG!

Join Date: Mar 2006

Posts: 50945
Share

Post
#14

10-28-2009, 09:25 AM

he spent money and now earn again

BUY MY SIG - 50$/Year

Contact here
Comment
96ukssob

So Fucking Banananananas

Join Date: Mar 2003

Posts: 12991
Share

Post
#15

10-28-2009, 09:26 AM

Originally posted by seeric

He was footing the bill for all his homies in the hood too. lol.

thats exactly how you will go broke fast

Email: Clicky on Me
Comment
Martin

"Assassins"

Join Date: Dec 2001

Posts: 17274
Share

Post
#16

10-28-2009, 09:38 AM

Originally posted by shimmy2

black people in general tend to want to uplift their families and their communities when they get a windfall of money, hence the entourage and the houses & benzes for everyone mentality. it doesn't matter if they're a rapper/athlete/actor/webmaster or just some street nigga that picked 6 lucky lotto numbers on the right day, at least this guy made a attempt to bring his people with him to the top and i respect and credit him for that. so what if he "blew" the cash, its not like he can't make more. and by the way that was just some ignorant shit you just said but i just saw that you're canadian

Hey what does being Canadian have to do with it? We have black peeps in Canada too.

Btw I didn't mean any disrespect. I understand what you're saying, but does he have to own all those blinged out whips? Does he have own all those watches? Does he have to bring his whole crew with him every where he goes? I bet most these guys that are around him now will be no where to be seen if he ever goes completely broke and can't afford all these things any longer. If he wanted to help him family/community why doesn't he pay for his cousins college or open a Library in his old neighborhood etc. Things like this seem like better use of his money
Comment
L-Pink

working on my tan

Join Date: Mar 2005

Posts: 39151
Share

Post
#17

10-28-2009, 09:44 AM

Originally posted by shimmy2

so what if he "blew" the cash, its not like he can't make more

Shimmy ..... seriously, just how and where does this guy ever make even $50,000 a year?

Selling cars? Selling radio spots? Pushing a broom?

.
Comment
Jakez

Confirmed User

Join Date: Jan 2004

Posts: 5656
Share

Post
#18

10-28-2009, 10:02 AM

It's pretty simple, when you're getting that much money and want it to last forever you either:

-Keep working for money (won't last forever)
-Conserve as much as possible (still won't last forever)
-Make your money work for you (possibly forever)

The only real option is to make the money work for you in the long run.. I don't understand how people that come into money like this can't understand that..

If you're making 10 million per year and spending over half of it what are you going to when the money stops coming in from manual labor? Did he never once ask himself that question? C'mon.

I can understand how he might get lured into the situation of helping everyone out because hell anyone that has any kind of way to get in touch with him is going to be asking for a loan and telling friends that they know him which just brings in more loaners..

Last edited by Jakez; 10-28-2009, 10:05 AM.

[email protected] - jakezdumb - 573689400

Killuminati
Comment
LiveDose

Show Yer Tits!

Join Date: Feb 2002

Posts: 25792
Share

Post
#19

10-28-2009, 10:06 AM

Not surprising. Financial discipline is learned not earned.

Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal
Comment
leedsfan

leedsfan

Join Date: Jul 2002

Posts: 2564
Share

Post
#20

10-28-2009, 10:06 AM

Originally posted by shimmy2

black people in general tend to want to uplift their families and their communities when they get a windfall of money, hence the entourage and the houses & benzes for everyone mentality. it doesn't matter if they're a rapper/athlete/actor/webmaster or just some street nigga that picked 6 lucky lotto numbers on the right day, at least this guy made a attempt to bring his people with him to the top and i respect and credit him for that. so what if he "blew" the cash, its not like he can't make more. and by the way that was just some ignorant shit you just said but i just saw that you're canadian

Martin's initial statement was wrong, but he's gone on to explain a little more of his opinions. I think his apology was due though.

Last edited by leedsfan; 10-28-2009, 10:08 AM.

Advertise on Sex2ube.com
New Tube Content Packages Save $10K +
Comment
bronco67

Too lazy to set a custom title

Join Date: Dec 2006

Posts: 29026
Share

Post
#21

10-28-2009, 10:31 AM

Entourage will suck you dry.
Comment
will76

Making $$$$ w/ ClickCash

Join Date: May 2003

Posts: 18037
Share

Post
#22

10-28-2009, 10:34 AM

Athletes aren't much different than people who win the lottery. Don't get me wrong Athletes bust their ass training, playing in the games, they are very talented. But they don't "make" money. Their physical abilities is what generates money for them. A person playing the lotto doesn't make money, he got lucky.

People who "make money" from saving, investing, starting their own business, making more money, expanding, etc etc etc... those people learn how to make money.

There is no business sense learned from playing football. Money gets tossed into their lap and most of them have never worked a day in their life much less do they know how to manage money, invest etc... Then you have all of the leaches who want handouts, scam them, and talk them into bad investments... Most of them were likely poor to start with so as soon as they get money the first thing they want to do is spend it so they can over compensaite for growing up poor.

Last edited by will76; 10-28-2009, 10:35 AM.

ICQ: 86364801 Email: will [at] innovativeassets [dot] com

PROGRAM SHIT LIST - DO NOT PROMOTE (click link for gfy thread)
FNCash | Media Revenue
Comment
digitaldivas

..I Heart Cannibal Corpse

Join Date: Sep 2007

Posts: 4328
Share

Post
#23

10-28-2009, 10:37 AM

Originally posted by SAC

stupid fucker, no pitty here

I totally agree! JESUS!

...
Comment
czarina

Webmaster Extraordinaire

Join Date: Jul 2002

Posts: 10751
Share

Post
#24

10-28-2009, 10:39 AM

why does he remind me of a few people in this industry?
Comment
dyna mo

just a fucking jerk

Join Date: Dec 2008

Posts: 68184
Share

Post
#25

10-28-2009, 10:50 AM

good thing they paid him a lot of money, he would of gone broke much sooner otherwise.
Comment
_Richard_

Too lazy to set a custom title

Join Date: Oct 2006

Posts: 30989
Share

Post
#26

10-28-2009, 10:50 AM

Originally posted by shimmy2

black people in general tend to want to uplift their families and their communities when they get a windfall of money, hence the entourage and the houses & benzes for everyone mentality. it doesn't matter if they're a rapper/athlete/actor/webmaster or just some street nigga that picked 6 lucky lotto numbers on the right day, at least this guy made a attempt to bring his people with him to the top and i respect and credit him for that. so what if he "blew" the cash, its not like he can't make more. and by the way that was just some ignorant shit you just said but i just saw that you're canadian

first off, being Canadian doesn't excuse him of shit

secondly, what he said was an opinion, not racism. Considering all the black folks that came up on this continent came from slavery, minimal financial experience would definitely have an impact on the ability to save and invest and 'teach' other people, such as children and friends, the benefits of financial responsibility.

It's taken time to develop the racial infrastructure that allows more minorities into positions of making money, and i agree it was ignorant for him to ignore that little reality
Comment
d-null

. . .

Join Date: Apr 2007

Posts: 13724
Share

Post
#27

10-28-2009, 10:54 AM

when you have alot of money it is not hard to spend alot of money

__________________

Looking for a custom TUBE SCRIPT that supports massive traffic, load balancing, billing support, and h264 encoding? Hit up Konrad!
Looking for designs for your websites or custom tubesite design? Hit up Zuzana Designs
Check out the #1 WordPress SEO Plugin: CyberSEO Suite
Comment
Scott McD

Too lazy to set a custom title

Join Date: Nov 2002

Posts: 67792
Share

Post
#28

10-28-2009, 11:04 AM

Originally posted by Martin

Black folks aren't the greatest with money. They seem to be good at getting it, not so good at keeping it.

I Buy My High Quality Traffic Here, You Should Too!
Comment
bloggerz

Too lazy to set a custom title

Join Date: Dec 2006

Posts: 16253
Share

Post
#29

10-28-2009, 11:10 AM

"it was good just a week ago"

I SELL ADULT BACKLINKS! Email: eroticweb>gmail SKYPE: gfybloggerz

$$$$$ MAKE HUGE MONEY IN CAMS - CLICK HERE $$$$$
Comment
Nicky

Too lazy to set a custom title

Join Date: Mar 2003

Posts: 30071
Share

Post
#30

10-28-2009, 11:24 AM

I bet he could still sell off some property and some cars etc and "only" live in a $2m home and drive 2 new cars etc.

gfynicky @ gmail.com
Comment
Libertine

sex dwarf

Join Date: May 2002

Posts: 17860
Share

Post
#31

10-28-2009, 11:28 AM

Originally posted by shimmy2

black people in general tend to want to uplift their families and their communities when they get a windfall of money, hence the entourage and the houses & benzes for everyone mentality. it doesn't matter if they're a rapper/athlete/actor/webmaster or just some street nigga that picked 6 lucky lotto numbers on the right day, at least this guy made a attempt to bring his people with him to the top and i respect and credit him for that. so what if he "blew" the cash, its not like he can't make more. and by the way that was just some ignorant shit you just said but i just saw that you're canadian

You explained, supported and disagreed with the post you just quoted, as well as showing the exact attitude being discussed. Great job.

But no, what matters isn't race. What matters is being an idiot lacking education, common sense and a good upbringing.

Smart, educated black people will handle large amounts of money just fine, and most white trailer trash will lose it just as quickly as most ghetto guys will.

The problem here is the brain, not the skin

/(bb|[^b]{2})/
Comment
Penthouse Tony

Confirmed User

Join Date: Apr 2004

Posts: 5835
Share

Post
#32

10-28-2009, 11:32 AM

Originally posted by seeric

theres a term for that in the urban dictionary.

i believe they call it hood rich.

one thing that doesn't allow me to pity him is when you get those contracts the teams know that these guys have no financial sense. the teams make introductions to money managers and huge financial companies that can help them.

he prob didnt take that assistance.

I think it's the NBA rules that forces them to sit in on these money management seminars specifically tailored for them with ex players speaking about their experiences. They make all rookies go through this no matter what team you are on.

It's really hard to to feel sorry for someone when they had that available to them and they still decided to buy multiple luxury cars, houses with indoor pools, and basketball courts. Upkeep isn't cheep.

aamos AT FFN dot com
Penthouse.com Business Development
ICQ: 49090846 | Yahoo IM: ff_aamos
Comment
Penthouse Tony

Confirmed User

Join Date: Apr 2004

Posts: 5835
Share

Post
#33

10-28-2009, 11:38 AM

Originally posted by Libertine

You explained, supported and disagreed with the post you just quoted, as well as showing the exact attitude being discussed. Great job.

But no, what matters isn't race. What matters is being an idiot lacking education, common sense and a good upbringing.

Smart, educated black people will handle large amounts of money just fine, and most white trailer trash will lose it just as quickly as most ghetto guys will.

The problem here is the brain, not the skin

Agreed

There are plenty of black athletes that are doing fine and there are white athletes that have trouble with money themselves. Some even are broke while they are still playing.

aamos AT FFN dot com
Penthouse.com Business Development
ICQ: 49090846 | Yahoo IM: ff_aamos
Comment
Gasper
Share

Post
#34

10-28-2009, 12:13 PM

big earner, big spender .. nothing new
Comment
madawgz

8.8.8.8

Join Date: Mar 2006

Posts: 30509
Share

Post
#35

10-28-2009, 12:19 PM

Originally posted by dyna mo

good thing they paid him a lot of money, he would of gone broke much sooner otherwise.

lol funny one

TAEMDLRMSKRJIXMRLSMRJ.
Comment
shimmy2

Confirmed User

Join Date: Mar 2009

Posts: 3271
Share

Post
#36

10-28-2009, 12:32 PM

Originally posted by will76

the first thing they want to do is spend it so they can over compensaite for growing up poor.

which is why being a big baller with money/power/respect is perfectly normal. when you grow up poor all you think about is coming up.... 99% of rap songs emphasize this

Make $$$ with Toticos.com! | Email: 1bluemiata@gmail | Joutube: ShimmyCash | Faceberg: ShimmyCash
Comment
xmas13

Confirmed User

Join Date: Dec 2004

Posts: 5176
Share

Post
#37

10-28-2009, 12:45 PM

Who cares? You've got a problem with money changing hands?

Ebenezer Scrooge's family reunited on this board or what?

Last edited by xmas13; 10-28-2009, 12:46 PM.

ICQ 557504926
Comment
pornpf69

Too lazy to set a custom title

Join Date: Jun 2004

Posts: 15782
Share

Post
#38

10-28-2009, 12:50 PM

if you give me 1million I can live all my life with that... and even plan the life of my sons...

Delight Toys Store!
Cumming Sooooon
MY ICQ# 169833797
Comment
tiger

Confirmed User

Join Date: Apr 2002

Posts: 6986
Share

Post
#39

10-28-2009, 01:16 PM

The more money you make the easier it is to spend large amounts, the more people you have trying to get money out of you and the harder it is to manage it all. Add into that the lack of financial smarts and bad decisions that just about everyone makes from time to time and its pretty easy to see how this happens to so many people so easily.

It can happen to anyone.
Comment

Previous template Next

Working...