Draft Prospect Driving $300,000 Car

[blazer prophet]

NBA Draft prospect pulls up to restaurant in $300,000 car

Love it.

 

[SU Nittany Tide]

NBA Draft prospect pulls up to restaurant in $300,000 car

Love it.

His college career is over. He can get sponsorships and agents can give him money now.

 

[ericd7633]

This is pretty fucking stupid for someone who might not even go in the lottery. If he's drafted in the 20's the most he's guaranteed is 4.7 million(20th pick). Take into account taxes and agent fees, he'll only see like 3 million of that. Maybe even less.

I'm assuming he borrowed the money and it will pay it off once he's paid. if he somehow slips to the 2nd round he's guaranteed nothing.

 

[DrewScott]

2021...Benchwarmer in NBA shot in the parking lot of an Atlanta stripclup at 3am.

 

[Used 2 B Hu]

This is ridiculous...article doesn't even mention what color it was

 

[SU Nittany Tide]

This is pretty fucking stupid for someone who might not even go in the lottery. If he's drafted in the 20's the most he's guaranteed is 4.7 million(20th pick). Take into account taxes and agent fees, he'll only see like 3 million of that. Maybe even less.

I'm assuming he borrowed the money and it will pay it off once he's paid. if he somehow slips to the 2nd round he's guaranteed nothing.

Not going in the second round.

 

[ericd7633]

Not going in the second round.

I don't think he will either, but it's still dumb to buy that expensive of a vehicle if you're not guaranteed to go top 5.

 

[douggie]

This is ridiculous...article doesn't even mention what color it was

If you do a bit more research you'll find that it was Aztec Gold and he was eating at Dennys

 

[Deep Creek]

This is pretty fucking stupid for someone who might not even go in the lottery. If he's drafted in the 20's the most he's guaranteed is 4.7 million(20th pick). Take into account taxes and agent fees, he'll only see like 3 million of that. Maybe even less.

I'm assuming he borrowed the money and it will pay it off once he's paid. if he somehow slips to the 2nd round he's guaranteed nothing.

It seems like some (make that many) of these kids don't get (or listen to) any decent guidance on sound financial decisions. Way too many of them are influenced only by swag and being sucked dry by members of their circle of influence such as uncles, friends, etc. They'll have a 5 year career earning significant money and not have a damn thing saved up when it is over.

It reminds me of a statement from an interview with Eugene "Mercury" Morris many, many, years ago after his drug issues. He said he didn't have the first clue in how to handle money. Said something along the lines of, "It should be a surprise that younger players from poor backgrounds make bad financial decisions when they first receive significant money." Goes on to talk about many of them follow the path they observed from people in their hood that had money. When you get good money you sink it into clothes, cars and cocaine! "Give a youngster a lot of money that doesn't know how to handle it. Shouldn't be too surprised when they shove some of it up their nose."

 

[theboardref]

NBA Draft prospect pulls up to restaurant in $300,000 car

Love it.

Cal had 2 Final 4’s vacated, but lets listen to him keep whining about other coaches cheating brah.

 

[SU Nittany Tide]

Cal had 2 Final 4’s vacated, but lets listen to him keep whining about other coaches cheating brah.

Does it matter why they were vacated? Do you really think he was talking Camby into leaving UMass for money?

 

[The Q]

Cal had 2 Final 4’s vacated, but lets listen to him keep whining about other coaches cheating brah.

only coach to ever reach his first final four three times...

 

[ericd7633]

This dumbass was 2 selections away from being guaranteed nothing. Dude's salary will be about 1.6 million this season. Before taxes.

 

[Cowboyinexile]

This dumbass was 2 selections away from being guaranteed nothing. Dude's salary will be about 1.6 million this season. Before taxes.

It was probably a lease and his nike contract will double his salary so it might work out. Not a smart move on his part though.