Sprewell Is Broke

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hooskins
02-11-2008, 11:33 PM
http://www.tampabays10.com/sports/article.aspx?storyid=72526

Wow WTF, 1.5k on cable TV?! Shaq is an idiot, also imagine how many people he has to pay as well. Agents, accountants, housekeepers, boatkeepers, etc.

hooskins
02-11-2008, 11:34 PM
And screw Sprewell, any asshole who chokes a coach should go bankrupt.

DynamiteRave
02-12-2008, 02:27 AM
And screw Sprewell, any asshole who chokes a coach should go bankrupt.

Is Latrell Sprewell gonna have to choke a bitch?

dmek25
02-12-2008, 06:28 AM
anyone who makes that kind of mega money, and doesn't know how to handle it, deserves whatever they get. anyone really feel sorry for him?

redsk1
02-12-2008, 10:51 AM
anyone who makes that kind of mega money, and doesn't know how to handle it, deserves whatever they get. anyone really feel sorry for him?

Not really. I just don't understand why you cant sock away a couple million and invest it wisely so it grows to let's say 4 million in 8-10 years. 4 mill @ 6% return= $240k a year in earnings.

It's all about spending though. Money doesn't last forever.

Monkeydad
02-12-2008, 11:52 AM
Wasn't Shaq spending something like $23,000 per month on gasoline?

The Diesel must be drinking it, literally.

hooskins
02-12-2008, 12:25 PM
The Diesel must be drinking it, literally.

It is also gas for his boats. So I guess I would understand why it would be several thousand, but not 23k lol.

SmootSmack
02-12-2008, 01:35 PM
Not really. I just don't understand why you cant sock away a couple million and invest it wisely so it grows to let's say 4 million in 8-10 years. 4 mill @ 6% return= $240k a year in earnings.

It's all about spending though. Money doesn't last forever.

The problem becomes all the money that they dole out not only to their agents, lawyers, business managers, etc. but then it's the house you buy for your parents, the new Bentleys for your teenage siblings, the boat for your cousin's nephew, the "investment" in your high school buddy's new business venture, and so on.

redsk1
02-12-2008, 02:47 PM
The problem becomes all the money that they dole out not only to their agents, lawyers, business managers, etc. but then it's the house you buy for your parents, the new Bentleys for your teenage siblings, the boat for your cousin's nephew, the "investment" in your high school buddy's new business venture, and so on.

Yeah, it's really unfortunate they don't have someone in their ear that's giving them sound financial advise. I'm sure every NBA player has friends/brothers/cousins/inlaws/ asking for this and that, but you've got to draw the line somewhere. I agree though.

BDBohnzie
02-12-2008, 02:57 PM
You'd think Charles Schwab would have a Pro Athlete division...or perhaps they would have Warren Buffet on speed dial.

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