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How do you let this happen?

HeavenHarris said:
per basketballreference, he made just a shade over $11.4M over his 5 year NBA career, not $20M.
his page is also encouraging people to donate money to him, lol, because "Sure basketball players make a lot of money, but they spend a lot of money"

https://www.basketball-reference.com/players/s/swiftro01.html
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the video in the link says he played in Japan for a while - probably got a few nice pay days there. The one year he played semi regularly for Seattle I thought he was actually pretty decent - not a lottery pick talent; but could have been an OK back-up. Just couldn't stay healthy.

There is a sign on his front door that says "when in doubt, empty the magazine"....this may not end very nicely.
 
Duck Rodgers said:
So he realistically only had 5 or 6 mill after taxes probably if those numbers are correct.

Edit: Washington doesn't have an income tax(Surprisingly - I thought they would be up there with the ridiculous Oregon tax rate) apparently so we'll give him more like 8 million.
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Athletes still have to pay some sort of entertainer tax in many states. Regardless though, it's a safe assumption that Swift was irresponsible with his money.
 
Duck Rodgers said:
When that house is 1.35 million in any place in the world, you know you are living in a bubble or your country's currency is trash.
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Equating currency as a whole to an asset bubble was your first mistake. And by trash, what you really mean is something that is about to skyrocket in value as debt destruction makes it rare. Sorry, but I couldn't help myself. :)

Duck Rodgers said:
Edit: Washington doesn't have an income tax(Surprisingly - I thought they would be up there with the ridiculous Oregon tax rate) apparently so we'll give him more like 8 million.
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See Allen Iverson's story. Dude has lost houses and is still worth plenty of millions. He had one good friend in his possy, and a players union looking out for his [short lived] pension.
 
There's Robert Swift, and then there is Klay Thompson:

https://bleacherreport.com/articles...chal-takes-away-allowance-for-fight?hpt=hp_t3


Thompson explains how he punished Klay for fighting during the Warriors-Pacers game on Tuesday night. The NBA fined Klay $35,000, and his father docked him his allowance. Still no word on whether a time-out will be necessary.
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The 23-year-old doesn’t have access to his money, all cheques are paid to Mychal and Julie who take care of his accounts for him to make sure Klay’s financial situation is set up for his post NBA career. So, naturally, Papa Thompson’s going to teach Klay a lesson of his own by fining him personally also, however Klay will find out the old fashioned way.

“He will [find out he's been fined by us] when he sees that cash envelope show up a little short this week,” he said.
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Tats and drugs...the money goes fast.
And being that ugly, you know any woman is just with him because he's giving her drugs and spending $.
 
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