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RE: Earned $61 Million Playing In The NBA - Now Has Only $3,000 In The Bank

in #money7 years ago

"Rockstar lifestyle, might not make it"
-Gucci mane

That's great the NBA is doing that. A lot of these guys come from literal poverty. Middle class families aren't taught investing principles, let alone some of these athletes who's only financial education comes from rap videos.

With oft repeated slogans like "money to blow", "make it rain", and "you can't take it with you", it's no wonder they're all broke.

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Hopefully they will put some aside to at least guarantee a middle class life after they retire.

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