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RE: TIL how to blow $200 million dollars!
Great story. Latrell Sprewell, Lamar Odom, and others had even bigger problems to handle the money. This happens too often, and I really think that while getting those huge deals, players should also get a financial assistant, because most of them are clearly not sure what they are doing with the money.
As for Iverson, he remains one of my all time favorites. Was a true genius on the court and should have won that ring back in 2001. It would have made a good money to pay the Casino debts lol. But seriously, he was best scoring PG ever to play the game. Great read!
Good thoughts! I think the nba is actually providing something like that now... I know they are being more proactive than ever before when it comes to educating about finances.
The part about Iverson that I found so shocking was the part at the end. How he gave away essentially all his money to try and save his marriage... not many nba players would do that.
not many people in general would do it. However, let's be honest that it was a bit stupid move as he violated the rules in like 2 weeks... However, his wife is also a great one! I hope those two will have it all figured out for the future.
He could becom a coach, it is even more emotions than a Casino
Haha great point! And yes those were some strict stipulations that he was likely to fail on...