Kevin Garnett got got for 77 million.

[Reece]

Put some in a trust, put some in index funds and some in annuities. Then have some as cash to keep you liquid. And leave it that way until you retire. How hard is that?

 

[MJ Truth]

First thing I'm doing if I'm that rich is take a damn accounting class

Makes more sense to take it BEFORE you get the money. That’s the real issue here. These are kids with no financial background getting thrown millions, they’re set up to be defrauded. More financially savvy people than Kevin Garnett have gotten got for their money.

 

[KOohbt]

So glad I can count

Can't fleece a nikka outta bread who can count as good as you

 

[blackgentlemenvoice]

My point is at least be with someone who was down with you before the fame. Don't trust NO bytch after I become rich. I'd wife up a broad with more paper than me in that situation so if we do get divorced, then I GET HALF or we at least keep our own paper.

That stupid tho if your talking about being a player before you get rich. if your good People have known your name already.
There is no REAL day 1 for athletes. Girls & their families will have latched themselves onto you since middle school/ high school trying to trap you or get u indebted to them. College FORGET about it. Everybody know who getting drafted.

Look at Ben Simmons....he keeps taking L’s in the love department from The Kardashians but he learned early not to mess with broke girls or their families. His documentary was actually brutally honest for a Athlete, he ripped those white people and white girls at his College a new one.

 

[Rekkapryde]

Makes more sense to take it BEFORE you get the money. That’s the real issue here. These are kids with no financial background getting thrown millions, they’re set up to be defrauded. More financially savvy people than Kevin Garnett have gotten got for their money.

The union has to do a better job of educating their guys

 

[Atlrocafella]

I remember Oprah saying she signs all her checks. She don’t delegate shyt for anyone to sign or pay for her. You gotta stay on top of your shyt mane.

 

[nieman]

I can't feel any remorse for these mofos. Stay on top of your money. I've seen midl-level hustlas with no bank account, and money in and out of different things, keep better track of it. And educate yourself. Stop being so anti-school.

I can understand more if you made a bunch of bad investments, and lost it that way, but to hand over that type of responsibility to someone without checking on them personally. ike mst people said, put a good percentage in a money market account that you can't touch. Hell, contribute to the NBA's 401K plan. I'm pretty sure they have one.

 

[Reggie]

This is some serious shyt but KG has no one to get mad at but himself. To lose that much money is just unacceptable. Ion care how much more you actually have.

 

[Jax]

By the first million I'd be
By the 5th million I'd be
By the 10th that nikka be buried :birdmagneto:

 

[Bledswole]

Kevin Garnett suing accountant over $77 million lost

Dawg how do these athletes let this shyt keep happening?

Yea he made 326 million for his career

But 77 million is still a shyt ton of money to just lose

Master P dropping gems as usual

 

[Frump]

Makes no sense

With that much money put it in the bank and live off the interest

 

[Fade Runner 2049]

These athletes kill me thinking they some investors and shyt. Yea that's gonna work out well for you

 

[Maschine_Man]

Anything is possible

 

[Rekkapryde]

Anything is possible

 

[JoseLuisGotcha]

i always said i would do that if i was that rich. I'd have an accountant and investor but I would also hire forensic accountants on the side to check the books/audit and shyt.......well worth the price