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NFL player Trent Richardson’s family blew $1.6 million of his money in less than a year
market watch ^ | 6 Aug 2016 | Steven Kutz

Posted on 08/11/2016 4:08:46 PM PDT by DUMBGRUNT

He had a $20.5 million contract, but is now out of the league — and millions of dollars...

“I looked at my bank statement and thought, ‘where did this come from?’ they took advantage of me,” he said of his friends and family members.

They had paid for 11 Netflix accounts and eight Hulu accounts in his name. They also made many purchases on Amazon and charged him for bottle service at bars.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Chit/Chat; Sports
KEYWORDS: athletes; easygo; millionaires; nfl
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To: DUMBGRUNT

Had to buy a home for mama, all his bros, and “friends”.

Proverbs 17:16
Why should fools have money in hand to buy wisdom, when they are not able to understand it?


21 posted on 08/11/2016 4:42:39 PM PDT by Roman_War_Criminal (*Convicted of thought crimes by the Left and the Right*)
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To: GrandJediMasterYoda

I knew a white trash couple that took the 20 year payout on a big lottery.

They were getting like 3 million a year from it, and blew it as fast as it came in on toys, lavish vacations and booze.

They’d been kicked out of more 5 Star accommodations than one could count. Their kids all accumulated felony records, and not a single one in the family had a drivers license anymore, so they all took cabs everywhere.

Moved into nice neighborhoods and trashed the houses, left broken boats and other motorized toys lying dead around the yard.

Neither lived to see the final payouts, as they both drank themselves to death by liver failure.


22 posted on 08/11/2016 4:43:06 PM PDT by digger48
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To: txrefugee

There was an NHL player a year’s or so ago who had to declare bankruptcy because his parents embezzled all his money.


23 posted on 08/11/2016 4:43:36 PM PDT by nickcarraway (t)
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To: Hoffer Rand

The problem with athletes is that their earning power is inverse from the normal population. Middle age is where the man reaches the height of his earning potential. For most athletes, it’s between 21-25 years old.

Now, think of how much wisdom you had when you were 21-25. Just sayin’.


24 posted on 08/11/2016 4:44:38 PM PDT by WilliamCooper1
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To: sportutegrl

It’s not their money, why not makes 11 different accounts.


25 posted on 08/11/2016 4:45:49 PM PDT by discostu (If you need to load or unload go to the white zone, you'll love it, it's a way of life)
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To: txrefugee
Did you watch the Baseball All Star Game this year, they honored Rod Carew and Tony Gwynn naming each leagues batting title with the award in their honor. It was clear the difference in the two families at the presentation. Here is the photo

http://www1.pictures.zimbio.com/gi/87th+MLB+All+Star+Game+Ke_gTCjNjy-l.jpg

26 posted on 08/11/2016 4:54:05 PM PDT by Jolla
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To: WilliamCooper1

Those who typically blow their lottery win fail to understand one thing about winning the lottery. If you are ever so fortunate to win the lottery, you have won a step up in life, not keys to a mansion. You go from poor to lower middle class or lower middle class to middle class. It allows summer trips to the local lake resort, not yearly trips to Europe.


27 posted on 08/11/2016 4:54:20 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: nickcarraway

I know an NBA Hall of Famer who lost everything because of bad deals. As one movie part put it, “Quicksand - everywhere you look.”


28 posted on 08/11/2016 5:00:47 PM PDT by Loud Mime (Liberalism: Intolerance masquerading as tolerance)
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To: sportutegrl
Why have 11 different Netflix accounts?

Unwritten secret: one Netflix account, several different homes with multiple devices, even in different cities. Netflix doesn't care to track an account even though being used on several different IP addresses. Meaning it can be shared with family members living in different homes. Someday they might crack down on this, for now they don't.

29 posted on 08/11/2016 5:05:11 PM PDT by roadcat
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To: DUMBGRUNT

I looked at my account and said, “I could make this last for the rest of my life in case I break a leg or something.” Not.


30 posted on 08/11/2016 5:07:36 PM PDT by ebshumidors
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To: DUMBGRUNT

Sort of makes you wonder ... did he really “sign” a NFL contract or just make his “mark”?


31 posted on 08/11/2016 5:08:29 PM PDT by RetiredTexasVet (The Mofia is a private crime family; whereas, the DOJ is the gov't's political crime family.)
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To: roadcat

Netflix allows up to 5 devices on one account, but only 2 can be logged in at the same time.

I think there is a more expensive account that allows more....


32 posted on 08/11/2016 5:09:31 PM PDT by Enchante (Hillary's new campaign slogan: "Guilty as hell, free as a bird!! Laws are for peasants!")
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To: RetiredTexasVet

Well ole Trent had a 13 on the wonderlic, so he’s certainly no genius....


33 posted on 08/11/2016 5:14:16 PM PDT by nascarnation
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To: DUMBGRUNT

“Did I hear you say that there must be a catch
Will you walk away from a fool and his money
Sonny, if you want it, here it is come and get it
But you better hurry cause it’s going fast”

https://www.youtube.com/watch?v=Bk57K4OGrAg

PS: Written & Produced by Paul McCartney for Badfinger


34 posted on 08/11/2016 5:14:19 PM PDT by newfreep ("If Lyin' Ted was an American citizen, he would be a traitor.")
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To: Jolla
I'm not one to declare anything....white or black.

But I will tell....We judge all the time.

And sometimes...we are real wrong.

35 posted on 08/11/2016 5:23:17 PM PDT by Osage Orange (You hurt my family...you better watch your six.)
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To: sportutegrl

Because that’s how a playa rolls!


36 posted on 08/11/2016 5:23:43 PM PDT by EEGator
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To: Jonty30

Ummmm....if you win $40 million dollars...net. That’s not upper middle class.........


37 posted on 08/11/2016 5:25:53 PM PDT by Osage Orange (You hurt my family...you better watch your six.)
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To: E. Pluribus Unum

People who spend every penny they can get their hands on the minute they get their hands on it will never have “wealth” no matter how much OPM* you steal and give to them.
*Other People’s Money “

So true, and sad.


38 posted on 08/11/2016 5:27:58 PM PDT by READINABLUESTATE ("If guns cause crime, there must be something wrong with mine." -Ted Nugent)
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To: Roman_War_Criminal

Nice!
I like to look at other translations, KJV is usually my pick.

This one looks just right!
http://biblehub.com/proverbs/17-16.htm
Douay-Rheims Bible
What doth it avail a fool to have riches, seeing he cannot buy wisdom? He that maketh his house high, seeketh a downfall: and he that refuseth to learn, shall fall into evils.


39 posted on 08/11/2016 5:30:13 PM PDT by DUMBGRUNT (Looks like it's pretty hairy.)
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To: DUMBGRUNT
I disagree. God bless him for sharing his wealth.

He may want to keep a close eye from here on out.

But the man did his family and friends good.

God bless Trent Richardson. Wish I could do the same for my family & friends.

40 posted on 08/11/2016 5:35:35 PM PDT by A Cyrenian (America is ashamed of the crooked clintons.)
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