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

- By Bossip Staff

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

In 12 years, Antoine Walker made more than $110 million playing professional basketball moderately well. Take away taxes, throw in some Adidas endorsement money and an “NBA Live 99” cover, and he’s left with, what… … $60-to-65 million???

Whatever the details, it was a big chunk of change, which, amazingly, wasn’t enough. During the last several months, the once multi-millionaire athlete has been pursued by multiple financial institutions for unpaid debts. In fact, “Employee No. 8″ owes more than $4 million to his creditors and is facing felony check fraud charges in Las Vegas. All of this at the age of 33. Wild.

Living at the Bishops Forest condominium complex in Waltham during the Celtics season, Walker turned the pavement surrounding his home into a virtual luxury car lot — two Bentleys, two Mercedes, a Range Rover, a Cadillac Escalade, a bright red Hummer. Often, the vehicles were tricked out with custom paint jobs, rims, and sound systems at considerable added expense. He also collected top-line watches — Rolexes and diamond-encrusted Cartiers.”

“[Walker] liked to move in an outsized entourage; his mother estimates that, during his playing days, he was supporting 70 friends and family members in one way or another. And speaking of his mother, he built her a mansion in the Chicago suburbs, complete with an indoor pool, 10 bathrooms, and a full-size basketball court.

This guy was paid his 100 million and can’t afford all that mess. Imagine these rappers running around with diamonds in their teeth and on Cribs making a million or two. SMH

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Comments

  • drenk

    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

  • Precious

    No he lost it

  • Jazmine

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

  • MANMISSMEWITHTHATBULLCRAP

    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..

  • Welcome to Brooklyn!!!

    What an Idiot!!!!

  • http://soundcloud.com/ggoodei-mc/tracks GGooDeiMC

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

    Love that avatar by the way 🙂

  • MANMISSMEWITHTHATBULLCRAP

    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..

  • http://yahoo Myshel

    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

  • MANMISSMEWITHTHATBULLCRAP

    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..

  • C.R.E.A.M.

    @GGooDeiMC thanks for the avi-love!

  • HoneySuckleGirl (KEEP ME NEAR THE CROSS...LOL)

    I guess no one learned from Hammer????

  • Hova blows

    First…..a real dumba$$ this one.

  • HoneySuckleGirl (KEEP ME NEAR THE CROSS...LOL)

    @ BuckWhite and Jazmine

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

  • Kia

    Odom’s NEXT!!! D@mn they’re dumb.

  • Kia

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

  • Southern Cabbage Patch

    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.

  • Old Timer

    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.

  • statim08

    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.

  • Rrrrroe Ski Love- A mind is a terrible thing to waste.

    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.

  • champhf

    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….

  • Rihanna's sharp n pointy witchy fingernails took the oath

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

  • TT

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

  • Old Timer

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

  • lawd da mercy

    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??!!

  • http://www.highsnobiety.com/news/wp-content/uploads/2009/01/kanye-west-entourage-fashion-week-paris.jpg Slide Like A Fresh Pair of Gators

    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.
    ___________________________________________

    @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

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