Trevor Ariza made $117M and is reportedly broke already

ALonelyDad

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A week or a month? A month ain't hard in these times.
that's his monthly expenses, which is still crazy to me specially since he's not an athlete anymore. No doubt the child support is crazy but he made 116 mil and his spending habits are horrible.
 

lib123

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Really no excuse when you come into the league as a rookie you have rookie symposiums talking about how to handle your money, how to handle women, and family.

One or two weeks of rookie symposium isn’t going to reverse financial illiteracy and 30+ family members angling for handouts.
 

Peruvian Connect

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that's his monthly expenses, which is still crazy to me specially since he's not an athlete anymore. No doubt the child support is crazy but he made 116 mil and his spending habits are horrible.
So because he' not an athlete anymore he should eat like a pauper?
 

lib123

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You're being too nice about this.

Only a dumbass blows through $58 million in the span of 10-15 years.

That’s not that hard to do over a span of 18 years if you’re bad with money. That’s about $3 million per year before paying agents, lawyers, accountants etc.
 

TELL ME YA CHEESIN FAM?

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Why do some of y’all assume this? Or he could’ve just been bad with money like most athletes and gone broke.
Stop posting bullshyt ass YouTube videos as proof
At least do the fukking work and present concrete evidence to support your claim
 

lib123

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Stop posting bullshyt ass YouTube videos as proof
At least do the fukking work and present concrete evidence to support your claim

I’m sharing articles and posts that are pulling from court records. That is the only concrete evidence available. The people claiming he’s hiding assets are the ones without any evidence.
 

TELL ME YA CHEESIN FAM?

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I’m sharing articles and posts that are pulling from court records. That is the only concrete evidence available. The people claiming he’s hiding assets are the ones without any evidence.
All I see is a YouTube video you autistic twat
 

lib123

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Expenses can always scale up. You gotta remember most of these pro players were either broke or just regular people as kids and come into boatloads of money well before they have the life experience to know how to handle it. You living in multi-million dollar houses and driving cars that's easily pushing half a million. You have taxes, insurance, and maintenance on your possessions. You in the NBA getting crazy checks likely not thinking about your post-NBA life.

Exactly. In theory these guys should be saving and investing 70-75% of their salaries after taxes, agents, lawyers, etc to guarantee the same lifestyle during retirement. A lot of players have said they take home about 40% of their salaries after taxes and paying everyone else. So on a $10M per year salary that’s $4 million left. Most people in general aren’t disciplined enough to save and invest $3 million and live off $1 million when they’re in their 20s.

The biggest surprise IMO is how quickly many of them face financial problems after retiring. Shows many of them are living check-to-check while playing.
 

RennisDeynolds

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KD is very smart. These young players could learn from that.

Getting tied down at 23 with multiple kids perhaps from multiple women is a death trap.

Take care of your parents, out put your assets in safe places, and when you’re done then get married and have kids.

People clowned AC Green too

Imma laugh when KD retires and pops out with a full grown family :russ:


Imagine KD: "they like their privacy :mjgrin: "


:mjlol:
 
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