Clinton Portis owes his mom $500k, $5 million in total debt

[MalikReloaded]

Jesus. You could make millions if you taught a personal finance course to these athletes. These nikkas couldn't manage $5 thousand dollars, let alone $5 million.

 

[Knights89]

Link?

To be more clear players said the money was invested without their permission.


Very detailed, kinda lengthy article from 2012

Raucous lifestyle leads to fall of Jeff Rubin, former financial adviser to NFL players

September 2015
http://nypost.com/2015/09/12/nfl-players-reach-53m-settlement-in-bank-scam/

NFL Players, BB&T Settle Claims Over $53 Million in Lost Deposits

 

[pete clemenza]

78% of nfl players go broke after retirement

Its that high


John Wall be careful out che

 

[lotteryplaya]

For example, Portis owes $500,000 to his own mother, and the same amount to Nischelle Turner

 

[mastermind]

He got swindled out of a lot of money in two scams that affected a lot of athletes

$60 million lawsuit points to $100 million scam | National Football Post

The Ponzi Scheme You've Never Heard Of That Cost NFL, NBA Players Millions

 

[☑︎#VoteDemocrat]

Jesus. You could make millions if you taught a personal finance course to these athletes. These nikkas couldn't manage $5 thousand dollars, let alone $5 million.

and they'd still be broke

 

[keond]

nikka had the biggest neck I've ever seen on a human

Takeo Spikes says "hi"

 

[calh45]

Damn, how your own mom have you on the hook for half a million

I'm saying tho. Either somebody in that family is an a$$hole times 10 OR it's a pretty slick debt dodge technique

 

[Floyd Pinkerton]

Owe 5 mil before your 35th birthday brehs

 

[Big Boss]

For example, Portis owes $500,000 to his own mother, and the same amount to Nischelle Turner — a correspondent for Entertainment Tonight and CNN.





He was messing with her?

 

[EducatedBrothaFromTheBank]

I want to know what kind of dumb investment ideas this nikka bought into...

I remember reading Mark Brunell invested in inflatable furniture for states with flood problems...

remember Ocho Cinco invested in a rent-a-barber.... where they give u free haircuts, but charge you to clean it up nikka lost about 75k on that

 

[BelowTheMasonDixon]

Think a casino in Alabama will be profitable brehs

Man if yall knew just how much them Indians in Mississippi pay these CAC's under the table to keep casino gaming out of Alabama.

Dude might as well had given that money away.

 

[Rell84shots]

Casinos are a guaranteed loss, honestly a lot of this comes down to players trying to live like the $$$ on their contracts. If you get a 100mil contract with 60 guaranteed then you shouldn't but a 10mil dollar mansion, their yearly expenses are always going to eat up that contract.

 

[Brosef]

78% of nfl players go broke after retirement

Then they blame their mood disorders just on repeat concussions. Concussions probably contribute, but going from buying anything money can buy to being dead broke and uneducated with no earning potential also has to

 

[TooLazyToMakeUp1]

Be a millionaire living on bad credit, brehs

All the caution stories to learn from and these guys still keep falling down the rabbit hole

It might be time for 30 for 30 Broke reloaded