Dumbest Ways NBA Players Went Broke

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In this video, we’ll take a look at some of the dumbest ways NBA players have gone broke. From lavish spending to bad investments, these players once had millions but ended up broke.

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#nbaplayers #money #millionairepost
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Most of these stories are sad but I wouldn't label all of them as dumb. The majority of NBA players have no clue how to manage their money so going broke is inevitable for a lot of them. Some guys get lucky and find qualified and honest help to manage their money and, obviously, some don't. NBA players are like lottery-winners and 1/3 of them go broke. Most of the people who judge these guys would go broke in the same situation. A lot of educated people go broke too.

Lola
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Why did you show a photo of Tracy McGrady for Derrick Coleman.

MaynardGKrebs-ttdd
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Know they got robbed by the defato corporate contract, Rob them

TonyJackson-kpld
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1.Keep it simple 2. Count your money 3. Save your cheddar

GeraldDrake-pr
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Be honest these guys made this large amount of money but taxes and agents took their share of the money

jewellrodgers
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wyt judges make sure that they break thes millionaires with paternaty suites

marvindent
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Loved every minute of it! Now go get us a QB

louiscaesar
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They (BB Players) never deserve all that $$$ b/c surgeons make about a 10th of what these PROFESSIONAL athletes do, which seems to be quite the oversimplification or just flat-out incorrect.

Those surgeons went to school for the required years to become a surgeons.

Now, I've never been a PROFESSIONAL athlete, however, I did play some D-3 basketball and we ran 2-A-Days and we had film sessions, ta-boot.

Then, we have the PROFESSIONAL athlete. Most go to college and play ball, and many don't continue-on to graduate. However, I would imagine, PROFESSIONAL athletes practice and train quite a bit more than D-3 athletes do. They live on the road, which keeps them away from home, friends, and family. They have to deal with mental and physical injury (I don't see/hear about many surgeons tearing an Achilles or blowing out an ACL), which all too often ENDS careers.


The bottom line I'm getting to is this... They all knew what the market and possibilities were. They all had the opportunity to choose their own path.

If you ask me... I think either choice has the potential to lead to pretty good financial security (with the proper wealth management, of course)!

beaudean
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Please pronounce these people name correct!

richboi
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All brothers, that tells you a lot who don't know how to keep their money and drugs and women don't mix no one taught these dudes anything about money, and that's why they went broke SMGDH

sneakapeak
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Eddie curry they claim made 57million but in reality after taxes agents cut business managers cut or fees he probably madeca 1. 3rd of that

jjtstwp
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These guys blew there family’s generational wealth. A bird in the hand is worth two in the bush.

walterbell
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First pic of D. Coleman = Tracey Mcgrady

coneyoster
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Moulie Blaylock 18 grand a day on smack? damn. thats the thing about GREED some people can never have enough.

unclequack
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That #5 profile picture is Tracy McGrady, and not DC!

Blk_Envisage
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4T06 YEARS AFTER YOUR AVERAGE NBA BALLPLAYER HAS RETIRED HE IS BROKE NO CAPPING

moreycleveland
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I would prob have my mother help me manage my money lol

miscvideodump
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I don't like how this channel is mixing photos, not in the segments. It seems racist. Rewatch and put the names with the faces

Note_Poet
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How do you not do the math and not plan for after retirement

Brararaf
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I believe y’all should start off with the ITS first. I believe the lotto winners usually the dumbest though.

averyfisher