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OT: $108 Million to Bankruptcy
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sfink16 Offline
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Post: #1
OT: $108 Million to Bankruptcy
Yes, I know that this is an old story but worth repeating.

$108 million to bankruptcy and we get to bail him out. Bankruptcy is not free money. Someone pays for it.

http://www.sportingnews.com/nba-news/465...l-star-cnn
04-05-2016 11:45 AM
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Jesterondirt Offline
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RE: OT: $108 Million to Bankruptcy
Walker should give the opening speech at every single NBA and NFL draft
04-05-2016 12:40 PM
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SuperFlyBCat Offline
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Post: #3
RE: OT: $108 Million to Bankruptcy
Charles Barkley was talking about this on one of the early NCAA shows this year. Said family members will bleed you dry also.
04-05-2016 01:37 PM
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SuperFlyBCat Offline
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RE: OT: $108 Million to Bankruptcy
(04-05-2016 12:40 PM)Jesterondirt Wrote:  Walker should give the opening speech at every single NBA and NFL draft

I hope most teams do something like that. Read a story now where women are targeting guys in college. They monitor draft boards to see who is getting drafted, then they go find those guys on twitter, Instagram, facebook, and try to hook up with them, get pregnant or try to $$$ any way possible.
04-05-2016 01:41 PM
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Westhoff123 Offline
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OT: $108 Million to Bankruptcy
(04-05-2016 01:41 PM)SuperFlyBCat Wrote:  
(04-05-2016 12:40 PM)Jesterondirt Wrote:  Walker should give the opening speech at every single NBA and NFL draft

I hope most teams do something like that. Read a story now where women are targeting guys in college. They monitor draft boards to see who is getting drafted, then they go find those guys on twitter, Instagram, facebook, and try to hook up with them, get pregnant or try to $$$ any way possible.

Damn low life skanks....
04-05-2016 02:18 PM
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HarmonOliphantOberlanderDevine Offline
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RE: OT: $108 Million to Bankruptcy
I have in my possession a book on Faith, Family and Foot and it does an amazingly job at exposing how vulnerable these men are to those scams and ladies. Families, friends and others leeches expect the athlete to place them on Easy Street for the rest of their lives. Often, veterans warn them but it is to the player to deny temptation.

It is a sad tale. From rags to riches to rags again.
04-05-2016 06:13 PM
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shere khan Offline
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Re: RE: OT: $108 Million to Bankruptcy
(04-05-2016 06:13 PM)HarmonOliphantOberlanderDevine Wrote:  I have in my possession a book on Faith, Family and Foot and it does an amazingly job at exposing how vulnerable these men are to those scams and ladies. Families, friends and others leeches expect the athlete to place them on Easy Street for the rest of their lives. Often, veterans warn them but it is to the player to deny temptation.

It is a sad tale. From rags to riches to rags again.

108 million though? How do you piss away 108 millon?
04-05-2016 06:42 PM
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PirateMarv Offline
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Post: #8
RE: OT: $108 Million to Bankruptcy
(04-05-2016 12:40 PM)Jesterondirt Wrote:  Walker should give the opening speech at every single NBA and NFL draft

Lenny Dyksra should be invited too. On top of his other crap Dyksra got fed time for bankruptcy fraud.
04-05-2016 07:08 PM
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HarmonOliphantOberlanderDevine Offline
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RE: OT: $108 Million to Bankruptcy
(04-05-2016 06:42 PM)shere khan Wrote:  
(04-05-2016 06:13 PM)HarmonOliphantOberlanderDevine Wrote:  I have in my possession a book on Faith, Family and Foot and it does an amazingly job at exposing how vulnerable these men are to those scams and ladies. Families, friends and others leeches expect the athlete to place them on Easy Street for the rest of their lives. Often, veterans warn them but it is to the player to deny temptation.

It is a sad tale. From rags to riches to rags again.

108 million though? How do you piss away 108 millon?

Between taxes and freeloaders, I can only imagine. It is a shame.
04-05-2016 07:11 PM
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Stay Cool Offline
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Post: #10
RE: OT: $108 Million to Bankruptcy
(04-05-2016 02:18 PM)Westhoff123 Wrote:  
(04-05-2016 01:41 PM)SuperFlyBCat Wrote:  
(04-05-2016 12:40 PM)Jesterondirt Wrote:  Walker should give the opening speech at every single NBA and NFL draft

I hope most teams do something like that. Read a story now where women are targeting guys in college. They monitor draft boards to see who is getting drafted, then they go find those guys on twitter, Instagram, facebook, and try to hook up with them, get pregnant or try to $$$ any way possible.

Damn low life skanks....
I DON'T MOCK YOUR LIFESTYLE, I'D APPRECIATE YOU NOT MOCK MY CAREER CHOICE

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04-05-2016 08:15 PM
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CheeseSndwch Offline
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Post: #11
RE: OT: $108 Million to Bankruptcy
(04-05-2016 02:18 PM)Westhoff123 Wrote:  
(04-05-2016 01:41 PM)SuperFlyBCat Wrote:  
(04-05-2016 12:40 PM)Jesterondirt Wrote:  Walker should give the opening speech at every single NBA and NFL draft

I hope most teams do something like that. Read a story now where women are targeting guys in college. They monitor draft boards to see who is getting drafted, then they go find those guys on twitter, Instagram, facebook, and try to hook up with them, get pregnant or try to $$$ any way possible.

Damn low life skanks....



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04-05-2016 09:04 PM
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bullsbucsfan426 Offline
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Post: #12
RE: OT: $108 Million to Bankruptcy
(04-05-2016 06:42 PM)shere khan Wrote:  
(04-05-2016 06:13 PM)HarmonOliphantOberlanderDevine Wrote:  I have in my possession a book on Faith, Family and Foot and it does an amazingly job at exposing how vulnerable these men are to those scams and ladies. Families, friends and others leeches expect the athlete to place them on Easy Street for the rest of their lives. Often, veterans warn them but it is to the player to deny temptation.

It is a sad tale. From rags to riches to rags again.

108 million though? How do you piss away 108 millon?
The same way most people have absolutely no retirement savings. They're too busy living in the moment. It's way easier than you think.

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04-05-2016 11:39 PM
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C2__ Offline
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Post: #13
RE: OT: $108 Million to Bankruptcy
(04-05-2016 01:37 PM)SuperFlyBCat Wrote:  Charles Barkley was talking about this on one of the early NCAA shows this year. Said family members will bleed you dry also.

I know some players come from impoverished backgrounds and have hanger-ons reaching for every dollar possible but the key is to live as you had been living before becoming rich and if what you had been living like was lower class, then you live an upper-middle class lifestyle. As the saying goes, you can live like a king for a year or like a prince forever.
04-06-2016 01:54 AM
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Westhoff123 Offline
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RE: OT: $108 Million to Bankruptcy
(04-05-2016 08:15 PM)Stay Cool Wrote:  
(04-05-2016 02:18 PM)Westhoff123 Wrote:  
(04-05-2016 01:41 PM)SuperFlyBCat Wrote:  
(04-05-2016 12:40 PM)Jesterondirt Wrote:  Walker should give the opening speech at every single NBA and NFL draft

I hope most teams do something like that. Read a story now where women are targeting guys in college. They monitor draft boards to see who is getting drafted, then they go find those guys on twitter, Instagram, facebook, and try to hook up with them, get pregnant or try to $$$ any way possible.

Damn low life skanks....
I DON'T MOCK YOUR LIFESTYLE, I'D APPRECIATE YOU NOT MOCK MY CAREER CHOICE

Sent from my SM-G920P using Tapatalk
Well at least your proud of your career I guess?? I mean as long as you like it being a skank who cares what the others think lol.
04-06-2016 03:04 AM
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otown Offline
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RE: OT: $108 Million to Bankruptcy
I remember and old story about Mike Tyson. He pissed even more money away than Walker. The best storyline was him renting the Atlantis bridge suite along with countless other suites for a 30-30 party. 30 friends for 30 nights. Everything covered by Tyson, food, drinks, gambling,entertainment......everything.
04-06-2016 07:16 AM
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KnightLight Offline
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RE: OT: $108 Million to Bankruptcy
Some athletes are much more financially responsible than others....as more than a few that are (especially in football), are now able to retire well before their playing days are over...because they've done a great job with the $$$ they have earned.

One of the last person's many would have thought to be financially responsible is Gronkowski....who hasn't touched ONE GAME CHECK, as all of his current spending is done with his marketing $$$ as his game checks/salary goes straight to the bank/safe investments.

http://ftw.usatoday.com/2015/06/rob-gron...nfl-salary

He is another player that could retire before the age of 30 and be 'set for life'...but he might still play after that just because he enjoys doing it. (Wonder what the fun factor or even the success factor will be for him after Brady retires?).
04-06-2016 07:55 AM
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MemphisTigerFreak Offline
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RE: OT: $108 Million to Bankruptcy
I thought this was gonna be a Donald Trump thread.
04-06-2016 10:58 AM
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SuperFlyBCat Offline
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Post: #18
RE: OT: $108 Million to Bankruptcy
(04-06-2016 10:58 AM)MemphisTigerFreak Wrote:  I thought this was gonna be a Donald Trump thread.

Why? His net worth is valued in the Billions?
04-06-2016 11:28 AM
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Westhoff123 Offline
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OT: $108 Million to Bankruptcy
I wish i could afford to burn $108 million.
04-06-2016 07:19 PM
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C2__ Offline
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RE: OT: $108 Million to Bankruptcy
It's more trouble than its worth if you end up in debt and with creditors. If you told me that after 40 years, I'd have a retirement plan though less than $3,000 left in the bank from a starting point of $108 million, I'd consider that a life well lived. AW's problem is he didn't even reach retirement before his money was gone.
04-06-2016 07:56 PM
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