As Nick Papagiorgio said, “an entourage is expensive.”
How does he owe his mother 500k?
Not only that, it’s the homies they grew up with and promising them that they’re going to be “taken care of.” Same happened with Allen Iverson, who had a huge entourage clinging to him everywhere.
And don't forget his uncle Sam. He's rolling in it these days, too.
Having a posse is expensive.
Ah yes, the Bernie Sanders plan!
When you get your first paycheck and go straight to the Ferrari dealer...
There’s a name for that kind of rich.....
Take away half a billion dollars and Roger Staubach will be flat broke.
Emmitt Smith still has the first silver dollar he ever made, complete with his finger dents in the rim.
40 million minus federal and state taxes = 24 million app left
40 million minus 10 % agent fee = 4 million = 20 million left.
Seriously, who could live on 20 million / S
One of the gems of the story, however, was that when he needed a job driving a truck, the guy who controlled all the trucking licenses was a guy who had been convicted (if I remember correctly) of being a part of the murder of three civil rights workers in the late 60s. The guy was a huge fan, gave him a license immediately.
The problem with claiming DuPree was so great is that we only have high school footage of him, plus really only one solid season at OU, with a bust game in the Fiesta Bowl.
Moreover, I think as Barry Sanders, Jim Brown, and Emmitt Smith showed, to be the "best" you have to have consistency, durability, and above all, discipline to go the distance. We never will now how "great" Marcus DuPree, or Bo Jackson, or any other number of "incredible" runners would have been because they just didn't hold up. Some of it is bad luck, but in DuPree's case, his achilles' tears were poor conditioning. Even back then, in better condition he could have recovered from the knee injury---many, many had far worse (Willis McGahee, Amare Soudamire) and not only came back but were effective.
Portis issued a statement. “I spent 90% of my money on liquor and women, and I wasted the rest”.
What happens to pro athletes is shameful. They make big money for a relatively short time, but can’t adjust their finances once their career ends. I think the leagues should require deferred compensation for a portion of their salary and put it into a defined benefit plan. Yes, the athletes have personal responsibility, but how many newly rich 21-25 year olds have the maturity to make logical life decisions?
A fool and his money are soon parted.
I guess he didn’t learn any math at The U.
I guess putting it in the bank and telling everyone NO is out of the question.
OMG, I hope he has a go fund me page. /s
Montgomery Brewster had one hell of a time getting rid of his money... it’s difficult to go thru a large sum and have absolutely no assets in residual. Party, party, party???
Typical story, horrible investments, baby mamas (yes plural), gambling, bling, and family members. I think these athletes need to set up some trust where they deposit their earnings and they are only given a monthly allowance.
...
He’ll still get an NFL pension. Even OJ gets that.