Antonio Brown Files For Bankruptcy
- Thread starter Ray D’Angelo Harris
- Start date
Maximus Rex
Superstar
Man sold the owner of the label he was signed to a fake Richard Millie and tried to scam him on a Lil Wayne feature. 
I don't know if I could blow that type of money in a lifetime if I tried.
ReturnOfJudah
Veteran
UWasntThere
Superstar
8.8 million you'd never have to worry about anything.
Crayola Coyote
Superstar
He’ll be fine
RennisDeynolds
I am untethered and my rage knows no bounds!
Clowned TO for getting robbed too
Even if you paid half of that in taxes you could take just $4 million of your remaining $44 million and buy an ETF that yields 2.5% and generate $100K pre-tax in annual income off it. Since you still have $40 million you just set it and forget it. In 10 years with a 7% return that's grown to over $9 million and pays $225K in annual dividend income and that's assuming no growth in the dividend over that span and a lower than average market return of that 7% and that doesn't even account for reinvestment of anything past the original yield of $100K a year.
Anybody that blows through that kinda money is a moron and didn't deserve to have it. Someone making that kinda money should have educated themselves on how to handle it.
beenz
Rap Guerilla
He could have stuck around in the NFL if he wasn't self destructive, but him going bankrupt was inevitable no matter how many seasons he played.Could have still been getting those NFL checks
beenz
Rap Guerilla
These are the types of life decisions that typically take a person to the poor house.
What’s so crazy about these NFL/NBA players
These guys make more money , got great benefits than these street nikkas and rappers they want to be like or have a image like burning through cash and fukking women raw who 90% of the time is only looking for that 18 year baby contract..
These nikkas minds are of a 12 year old..
These guys make more money , got great benefits than these street nikkas and rappers they want to be like or have a image like burning through cash and fukking women raw who 90% of the time is only looking for that 18 year baby contract..
These nikkas minds are of a 12 year old..
beenz
Rap Guerilla
they are professional athletes. they are usually naive and not financially savvy. they know little to nothing outside of the sport they play typically.
they are lucky these leagues coddle them by forcing them to put money away for retirement, so even when they go bankrupt, they are still gonna get their pension later on.