A-Rod helps former NBA star get back on his feet

Acebb · Apr 25, 2018

How do you blow this much money?

How a former NBA No. 1 draft pick blew a $61 million fortune and now owes six figures

Former NBA No. 1 draft pick Joe Smith earned $61 million over his 16-year career. Today, he's living paycheck-to-paycheck and owes $157,000.

What really got Smith off track was his spending.

hno:

StevieRay · Apr 25, 2018

A dumbass can only blow that ungodly amount of $$

PoundFoolish · Apr 25, 2018

paycheck to paycheck? doing what?

Willie99 · Apr 25, 2018

Bouncer

PoundFoolish · Apr 25, 2018

Willie99 said:
Bouncer

seriously?

Willie99 · Apr 25, 2018

IDK, just playing

I'll never understand how these guys don't realize they're blowing their money and something has to change

They should know they're never getting it back, I guess that fog that intoxicates politicians and the media inflicts naive rich kids too

A mere 5 million dollars annuitized and you're set for life

Acebb · Apr 25, 2018

PoundFoolish said:
paycheck to paycheck? doing what?

He was coaching small basketball camps and trying to pay for a big house in Atlanta.

PatsFan1283 · Apr 25, 2018

He took a brutal beat when the Twolves got busted for tampering and breaking the CBA, thus voiding his 7yrs/86million dollar contract. Pretty sure that is the only time that happened.

https://ftw.usatoday.com/2014/01/nba-joe-smith-illegal-contract-timberwolves

Pretty good writeup on it.

Greenbacks · Apr 25, 2018

Everytime he got traded he bought a new mansion...lol

He was traded 14 times.

It's his fault.

A-Rod helps former NBA star get back on his feet

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