Making 2 million a year at 19-22 is a shyt load of money for these young athletes
- Thread starter the cool
- Start date
Kevin Durant only 23 and nikka making like 4 mill a year. It's real out here breh
Nah, Durant is off his rookie contract, he got $16.3 million this year.
After taxes, he's probably seeing $7 million in straight cash without endorsement money
If you have a million dollars after taxes you should never go broke. Even if you had to retire and get a regular job, you'd still live comfortably forever if you're smart
Yeah, $1 million in straight cash should give you around $40-50k in interest a year.
BIGGER_THANLIFE
Rookie
True. But durant a humble dude. That money aint really getting spent. nikka aint the flashiest in the NBA. Probably send some money to his mom
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You sure about that...ask Gary Coleman (R.I.P.).
His parents spent all his childhood tv star money bread....
-Low Risk Investments
-Tax Free Savings Accounts
-Over seas bank accounts
-Successful food franchise( Mcdonalds, Chick-fila, Chipotle, Wing-Stop, 5 Guys Burger and Frys)
I just couldn't lose with all that and lets not forget about turning down every single friend and family member that wants you to invest in some type of business venture. Its not gonna happen on my watch.
- 1 Nice 250k-400k House
-No cars over 100k
-No Jewelry or chains
-No the church is not getting a new building
- No im not bailing you out of debt uncle who I haven't seen in like 5yrs until now
-No mother you can not go on random shopping sprees just because I have the money now
-Tax Free Savings Accounts
-Over seas bank accounts
-Successful food franchise( Mcdonalds, Chick-fila, Chipotle, Wing-Stop, 5 Guys Burger and Frys)
I just couldn't lose with all that and lets not forget about turning down every single friend and family member that wants you to invest in some type of business venture. Its not gonna happen on my watch.
- 1 Nice 250k-400k House
-No cars over 100k
-No Jewelry or chains
-No the church is not getting a new building
- No im not bailing you out of debt uncle who I haven't seen in like 5yrs until now
-No mother you can not go on random shopping sprees just because I have the money now
BIGGER_THANLIFE
Rookie
and you remember Tony Parker breh...
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Durant caught the megabus from ny to get back home
The megabus a dollar bus
If I was making 14million I wouldnt do that lol
That nygga humble
All the summer league games this nygga played
Playing a flag football game off a twitter invite
its highly dependent on how much your parents were making (just like everything else in life)
if you were brought up by a single moms who you said could quit her job after you got drafted, well.. you are gonna be covering her healthcare costs breh when that time comes. kidney failure? you could put her on medicare to cover it, but if you want more control over her dialysis, it will cost you at the very least $500,000 a year.
I bet things like that happen all the time if you come from rough beginnings. Even if its an uncle you haven't seen in 5 years you are going to be almost bound to pay certain costs for family and friends if thats how you came up. My dad used to do cardiology meetings for McNabb's camp and his colleague was a physician for the NFLPA. She said that the healthcare situation post retirement is pretty terrible and its pretty bad during the regular (off) season as well.
A lot of young people won't understand things like that, they need to invest on those things (retirement) early on and take care of their health and the health of their loved ones, that will be the biggest expense if you are in the NFL or you box or someshyt. If you aren't careful, you will definitely go broke.
if you were brought up by a single moms who you said could quit her job after you got drafted, well.. you are gonna be covering her healthcare costs breh when that time comes. kidney failure? you could put her on medicare to cover it, but if you want more control over her dialysis, it will cost you at the very least $500,000 a year.
I bet things like that happen all the time if you come from rough beginnings. Even if its an uncle you haven't seen in 5 years you are going to be almost bound to pay certain costs for family and friends if thats how you came up. My dad used to do cardiology meetings for McNabb's camp and his colleague was a physician for the NFLPA. She said that the healthcare situation post retirement is pretty terrible and its pretty bad during the regular (off) season as well.
A lot of young people won't understand things like that, they need to invest on those things (retirement) early on and take care of their health and the health of their loved ones, that will be the biggest expense if you are in the NFL or you box or someshyt. If you aren't careful, you will definitely go broke.
Poppa_Dock
:gladlebron:
i would have 1 normal single family house and live by myself, but he inside would be on some 2001 space odyssey shyt with top of the line everything, never wanted a sprawling house i like small filled in areas.
i could also give less than a fuk about a car too id prob buy a brand new honda or lexus or something.
i could also give less than a fuk about a car too id prob buy a brand new honda or lexus or something.
