Michael Beasley reveals he was recently living in his car for almost 2 years

CHICAGO

Vol. 9: Trapped
Staff member
Supporter
Joined
May 1, 2012
Messages
64,850
Reputation
13,821
Daps
411,674
Reppin
CHICAGO
That’s definitely a financial drag, but doesn’t explain blowing thru $60M. Baby mamas don’t get that much in child support. He said his family was stealing from him.

HE SAID THE PERSON
WHO WAS HANDLING HIS MONEY
ROBBED HIM AND HE HAD
1 DOLLAR IN HIS ACCOUNT
DURING HIS 3RD SEASON
ON TOP OF TAKING CARE OF FAMILY MEMBERS.

:devil:
:evil:
 

Double Burger With Cheese

Veteran
Supporter
Joined
May 6, 2012
Messages
27,614
Reputation
17,231
Daps
161,921
Reppin
Atlanta
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?

Cause they don’t be getting robbed, they be getting finessed.

And most these situations stem from players being irresponsible and lacking financial discipline. Blaming a financial advisor is the go to excuse they gonna go to, but even when that is the case the players are being extremely negligent in regards to their own finances.
 

concise

Veteran
Joined
Apr 30, 2012
Messages
41,288
Reputation
4,027
Daps
102,792
I understand what he's saying, but it's all over the place. His life story could be a full-blown movie, but it would take a skilled writer, a psychologist, and someone from the streets to really unpack the layers of his emotions. He's constantly starting and stopping, which makes it hard to follow.


Technique to avoid breaking down.
 

The God Poster

LWO representa
Joined
May 1, 2012
Messages
46,955
Reputation
5,665
Daps
142,357
Reppin
NULL
Cause they don’t be getting robbed, they be getting finessed.

And most these situations stem from players being irresponsible and lacking financial discipline. Blaming a financial advisor is the go to excuse they gonna go to, but even when that is the case the players are being extremely negligent in regards to their own finances.
I get it. When you’re working & training as hard & consistently as them you’re just not going to be checking all the time.

You think Bezos & Magic are checking their accounts personally? Facts are when it’s not a regular 9-5 it gets harder to keep track on everything. I could see even keeping an eye if you hit the lotto & no other income is flowing in.
 

cheapshot

All Star
Joined
Mar 23, 2014
Messages
939
Reputation
238
Daps
2,937
I get it. When you’re working & training as hard & consistently as them you’re just not going to be checking all the time.

You think Bezos & Magic are checking their accounts personally? Facts are when it’s not a regular 9-5 it gets harder to keep track on everything. I could see even keeping an eye if you hit the lotto & no other income is flowing in.
It's probably so easy to do, once you have a foot in the door

 

Juven

All Star
Joined
May 4, 2012
Messages
3,201
Reputation
-160
Daps
3,931
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.
That is stealing
 
Top