Well I mean dude prob thought he'd still be in th NBA by y now
Michael Beasley reveals he was recently living in his car for almost 2 years
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Well I mean dude prob thought he'd still be in th NBA by y now
UpAndComing
Veteran
Damn, Just bad bad life decisions
I bet an advisor, close friend, financial manager, etc.. took advantage of him and got some of his money. Talented, but he doesn't seem like the type to know Xs and Os. Just put the ball in his hands and go get a bucket
Yeah he said his accountant stole his money during his 3rd year in the league.
High NBA prospect gone broke at 36.
No sympathy here, bub 
child support
Lazy/begging ass family members
Bad investments
Bad advisors/management
Taxes
One is understandable in taxes
Lazy/begging ass family members
Bad investments
Bad advisors/management
Taxes
One is understandable in taxes
Gritsngravy
Superstar
Let new money entertainers tell it, that’s who be beating them the most
That’s damn near the main cause for why a lot of people go broke, like I don’t even know how folks can really trust people, but at the same time technically they are being responsible with a paid for accountant/financial advisor
mvp_status
Superstar
He last played for the Lakers, was his tenure there that bad? I remember dude was still getting busy for the Knicks the year prior.
I know he caught covid early on, but I wondered why he never got another shot in the league after the bubble
I know he caught covid early on, but I wondered why he never got another shot in the league after the bubble
KFBF
Superstar
I'm not disputing this, but given how often we hear from athletes and celebrities that their accountant stole the money, my assumption would be we'd get more news articles or reporting about accountants being convicted of theft. I can't remember hearing about anyone doing that except for I think Christian Laetner.
If you can definitively say they stole from you why aren't they being convicted?
From what I’ve heard they give a lot of their lawyers and accountants the power to make decisions with their accounts. So technically it’s not stealing. It seems like putting someone on your bank account then they take all the money out.
Don’t forget tricking and financially supporting side pieces.
pimpineasy
Superstar
Feel sorry for a multi millionaire genetic lottery winner while working a regular 9-5 job brehs
Yeah
It’s crazy because tim Duncan loss over $20 million dollars do to his advisor and said he didn’t know until his divorce…
It’s crazy how these nikkas be giving agents/advisors full authority over their money and they not looking at their accounts every fukking day..
nikkas have time to party, chase hoes, clown around, but u can’t spend 2 hours a day looking at your accounts, setting up your accounts that every thing thats being purchased, authorized out my accounts im being notified first..
And in this era face time
Bigblackted4
Superstar
He also got robbed by his CPA
