That 30 for 30 claims another one: Darius Miles

[Dorian Breh]

I don't get how athletes lose so much money in real estate. Real estate seems like the easiest thing to make money in.

Season 3 of the Wire with String and Clay Davis

 

[Yogi]

Damn. Sounds like he let people fleece him in bad business deals.

 

[SpursFanSinceNovember2017]

Money attracts vultures.

 

[Reggie]

No remorse for these cats. Get a huge contract and instead of actually saving your money and sitting on it you decide to blow it and invest in stupid shyt that probably wont make a profit. If anything these cats need to get with Magic Jordan or Bron and learn how to invest that bread wisely.

 

[Turk]

Why can't these nikkas just save their money? Everyone isn't smart enough to be a business man...recognize that

 

[malbaker86]

No remorse for these cats. Get a huge contract and instead of actually saving your money and sitting on it you decide to blow it and invest in stupid shyt that probably wont make a profit. If anything these cats need to get with Magic Jordan or Bron and learn how to invest that bread wisely.

Why can't these nikkas just save their money? Everyone isn't smart enough to be a business man...recognize that

And it's sad that there's COUNTLESS examples for them to see about what NOT to do with your money and these dues STILL fukk up their bread to the point where they are left with NOTHING

 

[JahBuhLun]

Why can't these nikkas just save their money? Everyone isn't smart enough to be a business man...recognize that

You can't expect 18 year old instant millionaires to be smart with their money, especially when they come from families who may not be financially stable in the first place. They need to have Herm Edwards come in a do a NBA symposium.

 

[King Poetic]

These athletes especially really need to stopped trying to do 6 things all at once when u didn't even master the first investment...

Dude only had a 200,000 dollar home and modest car...that right there should be paid off and u good..

But knocking up broads who are worthless and bad agents who about themselves u asking for trouble

 

[pete clemenza]

Yeah he wasn't the sharpest knife in the drawer, but he was another casualty of Portland's fake medical staff during that era. Half of the players who played major minutes for Portland during that era ended up with major leg injuries--ACL tears, Achilles tears, you name it.

I don't get how athletes lose so much money in real estate. Real estate seems like the easiest thing to make money in.

Depends what the property is. Maybe buying a few dilapidated houses and fixing them up in an area that's about to be gentrified in a year or two is the safe bet but these dudes is getting approached to jump into bigger deals like future casinos, land, restaurants, clubs, etc. They get involved, put big money up, and sometimes shyt never even gets built or it was a bad property or ideal to begin with. Every building, home, piece of land, etc doesn't always appreciate in value. Real estate isn't always a guarantee.

 

[Donald Trumps Twitter]

I visited fam in East Saint Louis about 5 years back and saw D. Miles in a raggity ass mall.


I saw him and instantly dapped my head

Got his autograph on some nostalgia shyt lol.



Talked to dude about those old Clippers teams that I always seen as little brother that just tryna ball in big brothers shoes.


30 for 30 would be nuts, dude was a GOD out here in these streets for real.

 

[jadillac]

Damn they took his VCRs

 

[Reid2Achieve]

$66 million earned is probably like $25 million net after taxes, fees, dues, etc. That's really not a lot if not managed properly. It can easily whittle away in 10 years.

Add in multiple child support payments, bad investments, taxes eating in to it every year...

This is the same old story...no amount of money is limitless.

SN: I heard he got really chubby too?

 

[Johnny Kilroy]

Darius Miles on the Cavs drafting LeBron in '03: “I don’t think you can just bring a high school player in and really just think your team is gonna turn around like that. If he comes, he can just hop on our bandwagon, and hopefully we can do something big.”

 

[FukkaPaidEmail]

That bird jersey

 

[Diddly Drogba]

remember that ballers epsiode with the bad land deal?