The Feds is investigating Pistons guard Malik Beasley on allegations of gambling related to NBA games. Update: No longer under investigation

[The G.O.D II]

nikka, she's the common denominator between him and Pippen both going broke




Luckily her new boo,lives off his daddy's money, so her succubus ways can't prevail.

Actually she helped him when he was on that slave contracts. She comes from money. Shes just an old bytch living out her thot years she missed

 

[Supa]

Can't afford to pay your dentist

How can somebody making nba money be THAT broke

What the fukk was he spending his money on? NFT's?

This shyt legit baffling. NBA player having made 10 of millions of dollars broke as me when I first moved to Dallas with a few hundred dollars in my pocket

Get the 30 for 30 on him RIGHT NOW

I googled imaged him expecting to see him in a bunch of iced out Cuban Links but he's not wearing any heavy jewelry. He has Goyard bags and probably some designer clothes but it doesn't seem like anything excessive. If he's not blowing money on material things he might have gotten caught up in bad investments, was taking care of too many people, or is just terrible with paying bills and drowned in debt.

 

[King Poetic]

nikka only year in college should been classes in finance

 

[mastermind]

He was married? Thought he was with Pippin's old thing for a minute.

Cheated on his wife with her and almost got divorced back then.

 

[FTBS]

Can't afford to pay your dentist

How can somebody making nba money be THAT broke

What the fukk was he spending his money on? NFT's?

This shyt legit baffling. NBA player having made 10 of millions of dollars broke as me when I first moved to Dallas with a few hundred dollars in my pocket

Get the 30 for 30 on him RIGHT NOW

Imagine if you (and everybody else) thought you were getting $10 million. You mightve done things a little differently...no? But then imagine you actually ended up with less than $5 million.

 

[charknicks]

He was married? Thought he was with Pippin's old thing for a minute.


In a way I agree, because usually the best and brightest are the ones who can even qualify for a six and seven figure loan.


BUT due to entertainment and athletics alot of dumb people have come into money and these high interest loans are just a legal way of finessing them. I wish Malik Beasley the best, he's a talented player I hope his life isn't ruined.

I dont wish for anyone's life to be ruined overall (unless you commit heinous crimes to other people), so I will say that first and foremost.

Im sticking with the money situation. ESPECIALLY with what is going on in this country now with funding/money about to be taken away from people who need it to survive, this dude has made $60 million and pissed it all away. I cant feel bad for someone who has done that. 99%+ of people wont see that in their life, so no reason to blow all of that money and need 6 figure loans in this matter. The interest rate should be high. He finnessed himself. Shouldnt need loans.

 

[duckbutta]

Imagine if you (and everybody else) thought you were getting $10 million. You mightve done things a little differently...no? But then imagine you actually ended up with less than $5 million.

Even if I only had 5 million dollars I am sure I could pay my dentist

 

[FTBS]

Even if I only had 5 million dollars I am sure I could pay my dentist

Not if you tore through 7 or 8 million thinking you had 2 or 3 mil plus another contract coming. Most Americans are in debt...and they aint all low earners.

 

[duckbutta]

Not if you tore through 7 or 8 million thinking you had 2 or 3 mil plus another contract coming. Most Americans are in debt...and they aint all low earners.

Nah I am pretty sure I could make that payment to my dentist after I factor in that copay

 

[Yayo Toure]

Nah I am pretty sure I could make that payment to my dentist after I factor in that copay

I'm sure the work he had was cosmetic stuff that even the best insurances don't provide coverage for.

 

[RubioTheCruel]

nikka only year in college should been classes in finance

Financial education is part of the NBA rookie symposium, these guys just don't care/have bad habits with $$$ probably passed down from generation to generation

 

[winb83]

Financial education is part of the NBA rookie symposium, these guys just don't care/have bad habits with $$$ probably passed down from generation to generation

For a lot of people until they get a reality check financial education goes in one ear and out the other.

 

[Mashal88]

Beasley was only on the Bucks a year but this was his teammate, who has made less than him in his NBA career.

 

[///Vega+++]

Lawsuit alleges Beasley had financial issues

Malik Beasley, an NBA player under investigation in a federal gambling probe, had financial issues and failed to pay back a $650,000 advance this year, according to a lawsuit.

www.espn.com

They saying Beasley owed $650k to an agency as well. You know he needed to bet to try and get that money back. Dude's career is OVER.

He made $60 million (about $30 million take home) in 9 years and is broke. How can you be that dumb and careless.

1 year left to qualify for the NBA lifetime pension
I remember reading about the Tony Snell financial ordeal last year he also needed just 1 more year of contract in the league
Problem is dude was diagnosed being bipolar or sum shyt

 

[Spidey Man]

Financial education is part of the NBA rookie symposium, these guys just don't care/have bad habits with $$$ probably passed down from generation to generation

The only logical way to stop players from doing stupid shyt with money is to put the first year or two's salary into a trust managed by a CPA and let them handle it, but... These are grown ass men and they should know better.