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Easy come, easy go.. Allen Iverson bankrupt? thought he was still a star in the NBA

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LKD

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Aug 6, 2006
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apparently Allen Iverson had retired... yes, i've been out of the loop in basketball.

But I hear he's almost bankrupt and no NBA teams will re-sign him also. Bling bling and too much show of wealth. I'd have imagined growing up in a rough childhood would make one realize the value of money and hard work, but i guess easy come, easy go. :p

Another dumbass bites the dust. Who's next?

http://www.thepostgame.com/blog/dish/201202/allen-iverson-has-no-answer-financial-woes
 
C

Carling

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Apr 14, 2011
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LKD said:
apparently Allen Iverson had retired... yes, i've been out of the loop in basketball.

But I hear he's almost bankrupt and no NBA teams will re-sign him also. Bling bling and too much show of wealth. I'd have imagined growing up in a rough childhood would make one realize the value of money and hard work, but i guess easy come, easy go. :p

Another dumbass bites the dust. Who's next?

http://www.thepostgame.com/blog/dish/201202/allen-iverson-has-no-answer-financial-woes
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there will be a shitload coming soon....also add Antoine Walker as well....
 
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69Shooter

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Jul 13, 2009
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Carling said:
there will be a shitload coming soon....also add Antoine Walker as well....
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Who really gives a fuck. If not for professional sports or hip hop most of these guys would be in prison or working at McDonalds!
 
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Carling

Banned
Apr 14, 2011
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69Shooter said:
Who really gives a fuck. If not for professional sports or hip hop most of these guys would be in prison or working at McDonalds!
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or president of the United States, or CEO of a major entertainment company, or my doctor(yes, he's african american!),my plumber, my friends, my 5th grade teacher, my 10th grade math teacher, my favourite author(Maya Angelou), a cop( my friend's dad), a lawyer,......

not the place for ignorance 69shooter...move along
 
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69Shooter

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Carling said:
or president of the United States, or CEO of a major entertainment company, or my doctor(yes, he's african american!),my plumber, my friends, my 5th grade teacher, my 10th grade math teacher, my favourite author(Maya Angelou), a cop( my friend's dad), a lawyer,......

not the place for ignorance 69shooter...move along
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I did not mention race at all and it is wrong of you to assume that that had anything to do with my comment.
 
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Babypowder

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just beacuse your too much of a vagina to out right say it doesn't mean it wasnt implied.
 
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frankcastle

Well-known member
Feb 4, 2003
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why is this so surprising? all the people bankrupt by the housing crisis don t get a mention.....mismanaging money happens on all levels of income.
 
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69Shooter

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Carling said:
suuuuuuuuuuuuuuuuuuuuuurrrrrrrrrrrrrreeeeeeeeee!..excuses dude..be a man, say what you mean.
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In brief, what I mean is that people who grow up the way Iverson did, be they black, white, or whatever, more times than not do not "escape" the poverty and crime that surrounds them. No doubt, many work hard and become all of the things you mentioned and more. A fortunate few have God given talents that allow them to make more many than all but a very small percentage of people will ever make. I have no sympathy for them when they piss that away and to me, is an indication of where they probably would have wound up otherwise. That blacks make up a greater percentage of professional athletes and hip hop artists does not make my original comment racist.
 
L

LKD

Active member
Aug 6, 2006
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frankcastle said:
why is this so surprising? all the people bankrupt by the housing crisis don t get a mention.....mismanaging money happens on all levels of income.
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you doofus... most people bankrupt by the housing crisis lost their average jobs and didn't blow off their bank account once worth $150 million dollars like this idiot
 
C

Carling

Banned
Apr 14, 2011
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69Shooter said:
In brief, what I mean is that people who grow up the way Iverson did, be they black, white, or whatever, more times than not do not "escape" the poverty and crime that surrounds them. No doubt, many work hard and become all of the things you mentioned and more. A fortunate few have God given talents that allow them to make more many than all but a very small percentage of people will ever make. I have no sympathy for them when they piss that away and to me, is an indication of where they probably would have wound up otherwise. That blacks make up a greater percentage of professional athletes and hip hop artists does not make my original comment racist.
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well if you didn't mean it, i apologize...however, it sure as hell didn't seem like it in your statement...
 
B

Blac

Banned
Feb 9, 2012
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Detroit
69Shooter said:
In brief, what I mean is that people who grow up the way Iverson did, be they black, white, or whatever, more times than not do not "escape" the poverty and crime that surrounds them. No doubt, many work hard and become all of the things you mentioned and more. A fortunate few have God given talents that allow them to make more many than all but a very small percentage of people will ever make. I have no sympathy for them when they piss that away and to me, is an indication of where they probably would have wound up otherwise. That blacks make up a greater percentage of professional athletes and hip hop artists does not make my original comment racist.
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There's some serious backtracking going on over here.
 
W

wigglee

Well-known member
Oct 13, 2010
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he was a great player in his day....probably partied and gambled too much though
 
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GG2

Mr. Debonair
Apr 8, 2011
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Article from 2009

In a less public way, other athletes from the nation's three biggest and most profitable leagues—the NBA, NFL and Major League Baseball—are suffering from a financial pandemic. Although salaries have risen steadily during the last three decades, reports from a host of sources (athletes, players' associations, agents and financial advisers) indicate that:
• By the time they have been retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce.
• Within five years of retirement, an estimated 60% of former NBA players are broke.

http://sportsillustrated.cnn.com/vault/article/magazine/MAG1153364/index.htm#ixzz1JQH1LQij
 
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