is it smart for kobe to be offering loans to players during the lockout?

gtc08 · Sep 19, 2011

http://basketball.realgm.com/wiretap/215638/Kobe_Could_Offer_Loans_To_Fellow_Players

his net worth is 140 million, but dont know if i would do it or not.

wonder what rate he would charge

Buster · Sep 19, 2011

well if he don't this will be them and we already have enough...

taylor13 · Sep 19, 2011

I think its a great idea for Kobe. If these guys are dumb enough with their money to need a loan, that's their own fault

gtc08 · Sep 19, 2011

taylor13 said:
I think its a great idea for Kobe. If these guys are dumb enough with their money to need a loan, that's their own fault

i think we also have to remember not every player is making kobe or lebron money. a lot of guys make minimum salary, which is between 473,000-1.35 mill.

after taxes, agent fees, etc. your talking about 150,000-1 mill.

granted its good money, but one becomes accustomed to a lifestyle in that range.

when that money is gone what does one do?

taylor13 · Sep 19, 2011

gtc08 said:
i think we also have to remember not every player is making kobe or lebron money. a lot of guys make minimum salary, which is between 473,000-1.35 mill.

after taxes, agent fees, etc. your talking about 150,000-1 mill.

granted its good money, but one becomes accustomed to a lifestyle in that range.

when that money is gone what does one do?

That's true. Maybe I'm just jealous cause I dnt get to play a game for a living, nor do I even make 150k a year before taxes, LOL.

CowboyT · Sep 19, 2011

gtc08 said:
i think we also have to remember not every player is making kobe or lebron money. a lot of guys make minimum salary, which is between 473,000-1.35 mill.

after taxes, agent fees, etc. your talking about 150,000-1 mill. (net)

granted its good money, but one becomes accustomed to a lifestyle in that range.

when that money is gone what does one do?

Take out a credit card with Uncle Kobe?