The Financial Struggles of Retired NBA Players The National Basketball Association (NBA) is one of the most popular and profitable sports leagues in the world. However, the reality of retired players is not as glamorous as it seems. Many former NBA players struggle to survive financially after their professional basketball careers are over. This troubling […]

The Fall of Antoine Walker: A Former NBA Star’s Journey to Bankruptcy For the common man, the sums made by sports stars are often unfathomable. A year’s salary for the average NBA player can be an amount most people will never earn. And when you get to the stars of the industry, the numbers only

Dozens of entourage members, huge alimony payments, various addictions and one private plane that never took off. How do you spend 672 million dollars? Answers at Iverson, Kemp and Pippen The story of former NBA players who go from riches to rags is all too common. In many cases, these athletes have been unable to

NBA Players Who Go Broke Within 5 Years What do the following players have in common – Antoine Walker, Latrell Spurwell, Allen Iverson? They were all NBA players, They were all stars, All experienced financial difficulties: Antoine Walker, who filed for bankruptcy in 2010 after earning more than $110 million during his career. For Terrell

Why so many NBA players go broke? Why do so many NBA players break? It’s a question that’s been asked for years, and has gained new urgency following the recent news that former NBA All-Star Antoine Walker has filed for bankruptcy. The answer is complex, but it boils down to two main factors: the high

I remember Brian Williams very well, especially as part of the Chicago Bulls rotation. Big body, lefty, soft touch. Not a bad player. One day, just like that, after walking around in several (and several!) groups, news was published that a man had been found dead in the sea. According to estimates, he was murdered