Reminder even 100 million NW is not generational wealth worthy
This is just a coon who doesn't understand investments and compounding returns.
>>61931288Probably bought a bunch of houses and cars that he couldn't afford the maintenance and taxes on
>>61931302>>61931291>>61931288He's right though
>>61931288If you weren't part of the top 10% in 2025, you're lower class
>>61931311>InvestThat means buying jewelry to football americans
>>61931288>nigger whose unique talent is to throw and catch pigs bladder manages money sage
>>61931288Nigga, you gotta have the discipline to do more than a single generation of wealth. Study the legendary Andrew Carnegie to learn how. That dude was legit one of the wealthiest men of all time and he was frugal in almost everything he ever did.
>>61931302What really kills these guys is they feel obligated to support their “entourage” from the hood they grew up in before they made it. Not only support them, but also “invest” in their harebrained business ideas because they knew them from back in the day. Many such cases.
>>61931311he’s right. it sounds like a lot until you factor in the expenses like DJs and strippers for your weekly parties, dom perignon for all the guests at said parties, of course a mansion for those parties to take place at, bling to show off at those parties, and a rolls royce to show up in (even though it’s at your house), etc.
>the kickers and punters end up being the richest NFL players after all is said and done
>>61931288A billion isn't enough if you're going to live like a degenerate kingpin/try to keep up with the people who have literal infinitymoney (they're in charge of printing it)
nigga thought he could go full charlie sheen without charlie sheen money...even charlie sheen went broke
>>61931288>100 million NW is not generational wealthIf you're a nigger even billions wont make a difference.https://en.wikipedia.org/wiki/Liberia
>>61931311>flauntThere it is. I don’t even know how you spend that much money outside of real estate.
>>61931452>flauntersAdd it to the list
If a league pays a salary only because they have to, and is designed that once you’re no longer employed to “go broke” what is the real issue.Look at the statistics unemployed professional athletes bankruptcy rate says one thing. Bankruptcy is part of the design.
he chose to get paid in bitcoin and it looks like that was a bad idea.
>>61931780>Bankruptcy is part of the design.>giving people millions of dollars is designed to make them bankruptdo they point a gun at the nigs' heads and force them to buy mansions, bentleys, cookers, and rent out half of da club every weekend?
>>61931780>pays a salary because they have toAs opposed to what, slavery?
>>61931384Discarding the fact that they're 95% white and many are non americans they also typically have the longest careers. A problem most athletes have with money is that they have no long term vision because theyre still retarded kids and dont understand they wont make any more money after they get cut which is typically under 5 years so they live a millionaire lifestyle without a way to maintain it long term. For the special team players their paychecks will continue beyond their retarded 20s so theyll be able to be fine financially even if they waste most of their first contract. The long career also gives them them longer nfl healthcare. The healthcare extends 7 years beyond the end of your career so rivers and his 12 kids got to be be covered until 2032 by playing a few extra games this year
>>61931311i dont watch niggerball. how does 5 year $100M contract turn into a 5 year $60M contract? the rest of his explanation makes sense: taxes, acting like a coon, etc.
>>61931967It turns to $60m because of taxes and agents
>>61931288>naaah nigguh I want that Lambo fuck your index fund
>>61931967It's often line up with specific target goals the player has to make which is a hefty goal.There goes another 20 million.Then you have mandatory coach, manager and stadium fees.
>>61931992it fucking doesn't lol
Saddest part is the teams and league hire a bunch of financial planning jews to prevent this. And the service is free. It's bad optics for their players to go bankrupt.But naww man I aint need dat shit.
People who get CTE for a living probably don't make good investments
>>61932020Agent takes $3mTaxes takes $43.65m at 45%That leaves him with $53.35m over 5 years
>>61932020True, it's less.Nigger must be forgetting the oxygen taxes.
That nigger can't even theorize what the difference between 30 million and 60 million would be, and neither can the average mutt. Just fucking park 40 million into CDs or bonds and you still make 1.6 million? Fuck even holding that much in silver since 2019 and he would've had a 5x on his stack.Why do liberals love to hawk at successful entrepreneurs like bezos and musk for not eradicating poverty when niggers like this and billie eyelash gets a pass?
>>61931288... if you are a nigger
>>61931288How to become and stay richStep 1: don't be a retarded nigger
>>61931288>His bank gifted him a carWhat?
>>61931288>famous TV negro goes brokeI'm going to guess he was doing 84mo loans on his Bugattis from native americans for 1000% APR, or some dumb nigger shit like that
>>61931311>>61931288he should have let his white masta manage his money for him, then he wouldnt be deal with these issue.
>>61931311how else am i as a famous person going to hush all the women i raped and the minors i molested, as well as pay my lawer when this shit inevitably hits the fan?
>>61932020It's less actually hes in the top bracket so 37% federal, 10% for new york, 3.7% for nyc that's over half his income stolen by the government before his agent gets his gibs
He made 1 million dollars a month. All he had to do was put half in an index fund. Use the other half to lease cars, rent a mansion and chimp out
>>61932469btw he probably did commercials, and had sponsorships wtf lmao.
>>61932474The nigger ball player is the peak example why you cant just give people money and expect it to wildly improve their lives. Sure maybe 10% or even 15% of homelessness is caused by external factors out of their control. But the vast majority of people in general only operate on a surface level thinking.
When you’re publicly rich, every single thing l.e. forces you to pay for. Every single word out of your mouth costs a dollar amount. Every single social interaction the other person has to get paid for.
>>61931311if you all are going be jewish like this, why not just say 12m instead of 120m >retards
>>61931312> 1 in 10 Americans are millionairesThat's over 35 million millionairesThere's enough millionaires in America to fill up a megacityHistorically speaking that's outrageous
>>61931311>>61931288>>61931960They account for this in the drafting/management of players. Ones who spend/save/invest wisely are a threat to the business model, because they throw water on the spectacle and are also way more likely to hold the leagues/players associations to account. If players come out of their careers independently wealthy, they can't be controlled by the unions. The NBA had a dude like this and he caused all kinds of headaches for owners.If you refuse to play the "flaunt" game and act like you've got some sense with your money, you start to see opportunities disappear. You can only have but so many players who are set and can go, "Yeah, I'ma go free agent and head where I'm treated best," before the business model has to change.It's all about control. They love guys like this one because they show that the protocol works for their purposes. People will continue to end up where they're placed until they wake up and stop taking what they're given without thinking deeply about the situation and acting accordingly.Honestly, this also applies to many professions where there's pressure to be profligate. This is the reason why. You're supposed to live beyond your means because it's part of the plan to keep you at least predictable, if not out-right controlled. So I don't really fault people for falling for it.
