first of all he didnt WASTE 110 mil, he ENJOYED 110 mil, but that sux for him, hope rookies are looking at him and learning from that mess

No he lost it

See this is that ni**a shyt I’m talking about. Why oh why my black people???? I really just don’t understand!

AWW LAWWD! HERE WE GO AGAIN WITH THE BROKE PEOPLE TALKING ABOUT WHAT RICH PEOPLE SHOULD DO/SHOULDN’T DO/SHOULD HAVE BEEN DOING WITH MONEY THEY CAN ONLY DREAM ABOUT…BUT I DIGRESS..

What an Idiot!!!!

I concur with C.R.E.A.M

Love that avatar by the way

AND ANY OF YOU CLOWNS IN HERE TALKING ABOUT IF THEY HAD 100 MILLION DOLLARS, THATS 100,000,000 BTW, THEY WOULD BUY BENTLEYS AND FERRARIS YOU’S A DAMN LIE. AND TO THAT FOOL TALKING ABOUT GOING BACK AROUND THE BROKE PEOPLE AFTER YOU CAME UP IF YOU DON’T YOUS A MARK. WHAT YOU GONE GET A BUNCH OF NEW RICH HOLLYWOOD FRIENDS? GTFOH…BUT I DIGRESS..

This is why a lot of our people never move further because they are always looking back….and looking back at a bunch of losers or people that mean no good

AND ANY OF YOU CLOWNS IN HERE TALKING ABOUT IF THEY HAD 100 MILLION DOLLARS, THATS 100,000,000 BTW, THEY WOULDN’T BUY BENTLEYS AND FERRARIS YOU’S A DAMN LIE. AND TO THAT FOOL TALKING ABOUT GOING BACK AROUND THE BROKE PEOPLE AFTER YOU CAME UP IF YOU DON’T YOUS A MARK. WHAT YOU GONE GET A BUNCH OF NEW RICH HOLLYWOOD FRIENDS? GTFOH…BUT I DIGRESS..

@GGooDeiMC thanks for the avi-love!

I guess no one learned from Hammer????

First…..a real dumba$$ this one.

@ BuckWhite and Jazmine

Ok I am soooo laughing hard right now at this picture. Seriously!!!

Odom’s NEXT!!! D@mn they’re dumb.

LOVE the pic of him. lolololololololol@Special Olympics!!!!

A house with 10 bathrooms????? Whhyyyy… I say make thses athletes work for their money. Start their A$$ out with 50,000 and each year increase it. That way they know the value of saving. Thay spoil these young athletes way too much.

Many atheletes and entertainers make the assumption that they will be making exorbitant amounts of money FOREVER.

It’s raining money and it’s never going to stop. But it does. Instead, they should pretend that they are 62 and will be retiring at 65 and spend accordingly.

Besides, when basketball players finish playing ball, there aren’t too many million dollar jobs waiting for them.

These generous players need to learn they can’t support an army of hangers on forever. They don’t have a mind for managing money. They need to be put on a strict budget from day one.

Right bout now, Dat boy rite der need Jesus! A fool and his money are soon parted. Well; at least his pension will kick in about 7 or 8 years from now. Based on these numbers, it should be at least $50 or $60 grand a year, a far cry from his former salary.

he wont be the last…most of these athletes cant even read…LOL blowing 100 million dollers should be a crime agains humanity…u dont turn 1 doller into a profit? 70 friends AND there family? a 10 bedroom mansion? LOL dont fell sorry for him….

hopefully, he still has some tangible assets and investments… perhaps a few businesses…? if not he’s dumb as shit

wait a minute. if he’s left with “only” 60-65 million, what’s the story here?

Well, hopefully, his mother will let him move into one of her spare bedrooms at the mansion that he bought her.

A fool and his money will soon part! Heard he gambled a lot of money away. I don’t blame him for helping people, but have we not learned anything from Hammer??!!

This ain’t a black thing as much as it is a “new money” thing.

Add to that the fact that MOST athletes are overgrown children (they do play a game for a living after all), and that most of them are not too educated.

New Money + Immature + Stupid = BROKE

It’s not rocket science.
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@C.R.E.A.M.

EXCELLENT Point!!!

And what people don’t know is that even if they get signed in the top 10 and are guaranteed a few million and are even lucky enough to get some endorsement deals, SOME of them are STILL broke during there first few years!!!

Why? = Because they gotta pay back the boosters, agent and/or whoever gave them money to live large while in school… SMH

wait a minute. if he’s left with “only” 60-65 million, what’s the story here?
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@TT

Can’t you read DUMMY???

The answer to your question is in the title of the article and in the very FIRST sentence of this post:

“Former NBA First Round Pick And Celtic Antoine Walker Wasted Away $110 Million… He’s “Flat Line” Broke!!!”

followed by

“Antoine Walker, former NBA player, is over $4 million in the hole and facing charges for felony check fraud”…

If he sells all the stuff you mentioned – he should be fine.

He let many people (including his mamma/family members) use him for that money, and he’s a stupid idiot for letting it happen. 10 BATHROOMS FOR MAMMA?!! SHE ONLY HAS BUT “ONE” AZZ!! How is she even paying property taxes on this mansion?!

How can a man live off another man’s money and look himself in the mirror every day?
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@C.R.E.A.M.

I’ve seen a bunch of ni@@as do it!!!

I got one friend that’s 31 and has only worked about 3 weeks in all of his adult life ’cause he lives off my boy in the league… SMH

One time my boy gave him $1500 and ‘ol boy said “what am I supposed to do with this???” LMAO & SMMFH

@Slide Like A Fresh Pair of Gators

I’ve seen a bunch of ni@@as do it!!!

I got one friend that’s 31 and has only worked about 3 weeks in all of his adult life ’cause he lives off my boy in the league… SMH

One time my boy gave him $1500 and ‘ol boy said “what am I supposed to do with this???” LMAO & SMMFH
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LMFAO, yall are killin me this morning.

that is a strange picture of him…it makes him look crazy

WOW…I vote that when get involved with that kind of money that you should have to attend classes on how to manage you’re money and invest the right way!

If you don’t make your money with your brain you tend to lose it on dumb s#IT.I AGREE WITH CREAM BY THE WAY

I personally believe that his biggest problem was his mooching family and friends. Had he not allowed 70 people to live off of him and inevested wisely he would still be ok. I do not mind him spending on luxury items because lord knows the day I become wealthy I too will buy luxurious things that I have always wanted.

@C.R.E.A.M, Man I Just Don’t Care & Mrs. Glok

I got another friend who’s mad that he’s not in the “entourage” and he’s 36… He hasn’t worked in years ’cause he has a felony from selling drugs a few years back and has had a hard time getting a job ever since…

He feels as though our friend in the league should give all of us each $200,000 ’cause my boy has made over $100 Million AND he BLAMES ALL of his life’s problems on him ’cause our boy won’t give him any money…

When I’m chillin’ with him, he be complaining like I don’t know what and in my head I be like = Damn ni@@a, you OLDER than our boy and you EXPECT him to take care of you financially for what reason – you ain’t even hang out with him like that growing up anyways… SMH

@Slide Like A Fresh Pair of Gators

SLIDE NOW Y WONT UR BOY IN THE LEAGUE SHOW UR OTHER DUDE THATS 36 A LIL GROUPIE LOOOVEE. I BET HE BE BREAKING THEM CHICKENS OFF SOMTING PROPER. LMAO

I vote that when get involved with that kind of money that you should have to attend classes on how to manage you’re money and invest the right way!
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@No u can’t be boyfriend #2!

They have classes during the summer before they start their rookie season and tell them about all of the crazy things that they’re about to encounter because they are now professional athletes…

They even have people come in there and warn them about groupie b*tches who carry “turkey basters” in their purses so after they sleep with the athlete to ensure they get pregnant condom or no condom…

Smh @ Black People.
Damn.

How sad! If you don’t know, you should ask somebody! Plus you can’t help all of your damn friends. SMH!

@ Slide whaddup homie?!

Where’s Snoop?

A fool and his money shall soon part. Sad but true.

Slide Like A Fresh Pair of Gators

I vote that when get involved with that kind of money that you should have to attend classes on how to manage you’re money and invest the right way!
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@No u can’t be boyfriend #2!

They have classes during the summer before they start their rookie season and tell them about all of the crazy things that they’re about to encounter because they are now professional athletes…

They even have people come in there and warn them about groupie b*tches who carry “turkey basters” in their purses so after they sleep with the athlete to ensure they get pregnant condom or no condom…

___________________________________________________

REALLY!? THEN HE NEEDS HIS A** KICKED IN THE HEAD FOR REAL FOR THIS MESS!

@PCF

Good points! What happened to your pic?

so they have trainers, coaches, but no money counselours…crazy! it could happen to anybody no matter what color!

@Slide

Man, groupies give me respect for prostitutes. At least the girls on the track get paid.

He better go get a job at Walmart, they’re always hiring.
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@Mrs. Glok

That b*tch a$$ ni@@a be being picky about the type of jobs he’ll consider for employment = LMAO!!!

He’s bummy as sh*t now, but when he was hustlin’ and money was rollin’ in he was fresh to def = from head to toe, new cars with rims, etc…

How you gonna be picky when your employment opportunities are limited because of you got a felony???

I have no sympathy at all for his life of excess, especially when so many people are suffering…I make a really good salary,but of course it’s no where close to what he was making and yet I’m able to save some money,so there is no excuse for him!

There are people here who say that “broke” people would do as he do,HOW DO YOU KNOW THAT? What is hella real is that people are different so don’t make assumptions as to what broke people will do because to be honest most players are taking care of their money,but Antoine Walker was just a fool with money it seems and a fool will remain a damn fool because only a dumb ignant fool loses 110 million dollars and that is real talk.

Where’s Snoop?
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@Rome

What up Dawg…

Our brotha Snoop is on the Left Coast and is 3 hours behind us timewise and so he’ll probably pop up in a couple of hours…

…bet he won’t be hooking up w/Becky…

@Slide
Well, since he’s too good to work for a place that would DEFINITELY hire him, it looks like your boy has two options. Sell drugs again and more than likely go back to jail. Or two, continue to be a unemployed bum.
I hope he doesn’t have kids. SMH

100 mil, that nucca was holding up the economy during the Bush era.

Sheed, he helped Clinton balance the budget.

LMAO , Antoine doing the Thriller dance in the picture.

A lot of mf’s are poor; it doesn’t mean that you have to be STUPID or IGNORANT!!! Basic common sense is all you need.

Ain’t no excuse for this sh*t. It’s far from being uncommon in the NBA.

Their agents call it “U Turn Money” cuz it’ll be right back where it started, usually in the owners and their friends pockets.

Giving money to basketball players is like “renting money” to the too tall clown for a couple of years.

This some Shhh…

LMAO , Antoine doing the Thriller dance in the picture
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LMAO, oh that’s what he’s doing? Looked like he was mocking a mentally handicapped person while doing a dinosaur impression of some sort.

@ANGEE…I’M WORKING ON A NEW PICTURE.

I’M IN THE PROCESS OF REINVENTING MYSELF!

@ slide

tru dat! duh! lol

why is it always a black man? a white boy would have had that money invested like a Jew.

@No u can’t be boyfriend #2!

Oh yeah, I forgot to tell you…

These athletes be having accountants and stuff but they don’t listen to them half the time or they have the WRONG and/or unqualified people handling their finances and them crooked lip bastards be robbing the athletes blind by taking a little money here and there, etc… SMH

Slide!

HEY VIV

WOW!!! Supporting 70 family and friends is where he went wrong.

I hope he doesn’t have kids.
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@Mrs. Glok

Sis… SMH

Yes, he does = 3 kids & 3 different baby mommas

Check this out… So he be hanging out with me so that I can take him to stuff to be around a better group of people = Black people doing something with themselves and he be trying to get with some of these broads that he has no business talking to… I know that sounds rude but the thing is the ni@@a has: no job (*hasn’t worked in few years because of that felony and is be picky about where he’ll work and what he’ll do), no money, 3 kids via 3 different baby mothers, no car and lives with a broad… LMAO!!!!!!!!!!!!!!!!!! And he be wondering why they be shooting him down… LMOA!!!

*OH SH*T, I made myself cry & laugh just typing this up!!!

So that’s why he is mad that our boy in the league won’t take care of him… LMAO!!!

OKAY ! We got the ORGINAL GANGSTAS up in here today!!!

He sold his red hammer to his barber in Waltham for only $10,000.

Always live a level or two below your means and you will never go broke…..

@Aunt Viv & Mrs. Philly

Good Morning, Buenos Dias & Konichiwa

A buddy of mine-who happens to be WHITE-toasted through about 100 MILLION-from the sale of his tech company.He went from sleeping in fancy hotel suites nightly & Bentleys…to sleeping on his homies’ couches in & around SoCal.He is the regular pool boy & sleeps in the guesthouse of some guys house in Brentwood these days.All in the space of about 6 years.He’s looking for his next “grand idea” to surface.FINANCIAL STUPIDITY:It’s not just for young Black ballers anymore.

@Slide
Oh damn… Your friend is lost! Pray for him
But in all honesty, that’s sad. As a black man, he should want better for himself and his kids. SMH

Wow!!!! I’m speechless.

@PCF

Oh, I see. Well do your thing!!

I agree@OH WELL

MATERIALISTIC
MATERIALISTIC
MATERIALISTIC

THATS ALL WE FEED INTO OUR CHILDREN, ON TV THATS ALL THEY SAY, ALL THAT IS GLORIFIED IN NBA/HIP HOP

I was in public yesterday and this Black girl was playing with her baby saying, “Momma chunkee gon’ beat dat azz, aint that right, you gon get that azz cuz u dont play”
I just looked at her like, “this dumb bytch” SMH

@Dr. Funk,
Listen I recently saw a show on TV called my life changed after the lottery and it was about people (regular people) who won millions of dollars and are broke now, like pople think money gives you happiness and all but it really doesn’t MONEY IS THE ROOT OF ALL EVIL!!!

Man, groupies give me respect for prostitutes. At least the girls on the track get paid.
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@C.R.E.A.M.

Fam, these groupies be on a mission!!!

Dawg, we’ll see these broads at different celebrity events across the U.S. = L.A., Miami, New York during the summer – hugged up with a different athlete at each separate event and for some odd reason they think ni@@as won’t notice or that they don’t talk amongst themselves… SMH, little do these ho’s know that we know who’s f*cking who and who does what in bed…

Oh yeah, I wasn’t lying about them having “turkey basters” in their purses either… SMMFH

Not going to hate on the brother but boy is he stupid!

Talk about being broke and no planning. I’m so tired of having to take up a goddamn collection when somebody dies to pay for their funeral, I wanna scream. Family members, friends and co-workers all want a handout to get somebody in the ground or to the crematorium.

Walmart will now let you buy a casket and pay for it over 12 months. Also, any kind of urn too.

This is a recession folks, quit shaking down your co-workers for grave money. It’s tacky.

@ Old Timer

You ain’t the only one. You know when you get the news they passed that they gonna request funding.

You know Pookie was clowning in the streets an you couldn’t get a $5000 burial policy?

He could have set up a living trust to pay himself 100K a year for 20 years and only been out 2 mil.

You don’t have to be a rocket scientist or financially astute to understand basic money management.

One of the biggest mistakes that young people is about when you make a purchase or something that is an “open system” vs. something that is a “closed system”.

When you buy something like an umbrella, that is all you need and you don’t have to buy other things that support it. That a “closed system” item.

When you buy a house or a car, you buy an “open system” item because it requires other expenses just for having it. You must pay taxes, insurance, maintenance, upkeep, utilities, depreciation and a host of other things.

Think of M.C Hammer buying that race horse. He didn’t know that feeding, boarding, training and vet bill permanently came with the horse.

It is the “open system” items that wipe out your wealth over time. Cars, houses, lawncare, swimming pools, parties, expensive hobbies, women, babymamas, children, golfing, race horses, etc. Wealth Killers.

You know the richest man in town never owned anything.

Evander Holyfield got a mansion with 109 rooms. I bet he hasn’t seen all of the rooms yet.

That guy did the smart thing, spend it all.

I would have done something stupid like investing in a Company/Junior partner in a Startup/Blue chip Stocks and then used the profit from that to live the luxury life, leaving the Principal to grow for my children, but then I have never been too bright.

dumb ass!!!!

Live within your means and live a modest lifestyle and you will be happy. There is no need for Grand opulence. This kind of lifestyle will never make you happy.

Visit my website http://www.chaos-blues-of-stpete.com to see some of the best pitbulls

i could share his pain.i blew through 20 stacks in like 3 months.but at least i have some stocks and bonds and couple CD accounts remaining from that settlement.i aint that dumb! and i dont regret it at all.those were some of the best times of my life.

you live and you learn. dont blame these people for their mistakes.use them as examples,of what not to do.

I want this show I believe it is on A&E, called “Curse of the Lottery”. The majority of the winners go broke in 5 to 7 years.
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@Just A Thought

You ain’t lying!!!

This girl that I met at a party worked at for one of those companies that buys out peoples winnings & settlements and she told me the SAME THING = that most of the people spend their entire winnings/settlement in 5 – 7 years and the funny thing she also told me was that she won a settlement and even though she knew better she STILL spent hers in less than 3 years… SMH

Why does he look “special” in that picture.. priceless

Has anybody seen 1 Tru?? Tell her to meet me in the Bloomberg thread round 4:15PM, thanks!!

Just because you’re poor, that’s no excuse for being dumb. You don’t have to be a rocket scientist or financial wizard….just some good old fashioned common sense is all that is needed.
Hell, they probably sell common sense at Walmart.

an idiot, for sure…

that’s how come you can’t give everybody money, not everyone can handle large sums…he’s broke and like the whole thing never happened…

clown…

THIS dude is just a G.L.A.R.I.N.G. example, but how many of us know a damn man or woman, who will buy an expensive item of clothing, or spend money on entertainment, TWO WEEKS before the rent is due, then act STUNNED that landlord or the mortgage company want their damn money???
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TRUTH.

Okay-I hope that he has a back-up plan, that includes some type of degree or what not!!……

I can not even stop thinking about this story and all it’s foolishness lol. If only I had at least a quarter of that money the I would have made some great investments to secure my future to never need a job again. Like other said it is not about education level it should have been common sense for this man to invest.

Another dumb LUMMOX. The colossal tragedy that was MC Hammer’s career had NO impact on you whatsoever, huh. That warning was completely lost on you. Well, as they say, A FOOL AND HIS MONEY ARE SOON PARTED.

Well, even Will Smith went bankrupt when he was young and had a singing career. He said he spent money like a fool because he thought the money would keep coming in; he bought eight fancy cars and his daddy asked him why he did that since he only has one butt to put in them!!! Luckily, Smith learned his lesson and also had another opportunity to start another career and earn more money. I don’t think Antoine has the brains or the ability to start over and I don’t think he can count on any of those 70 friends/relatives he supported to help him. Poor fool!!

Oo0o SHUT THE HELL UP! Half you people making “He Dumb”, “Stupid” comments are in debit your damnselves… He IS HUMAN give him a break! He’ll get it together Im rooting for you ANTOINE WALKER!

Umm Amanda,

Do us all a favor luv and ask someone else to type for you. There’s no such phrase as “are in debit your damnselves”

It would be “You’re in debt”

I’m not attacking you, I 6am resident genius, just believes in helping the stupid.

^^^Lol!!

(Old Timer) You are the truth!I just luv your COMMON sense posts!

WELL, IM PRETTY, I WISH HE COULD HAVE TRICKED SOME OF THAT MONEY OFF ON ME…BASTARD

I have an idea for a reality show called “My Azz Is Broke.” It would chronicle the life the once rich and famous from their beginnings to their meteroic rise and humbling decline. Then some kind of couselor could be on the show to teach them financial responsibility. That way there would be one show instead of everyone getting their own. What chall think?

Why do most black athletes and other stars act like money has an expiration date on it? They think it has to be used up before they retire and sh*t.

rofl