Archive | 9:23 pm

Money Advice from the NBA

19 Mar

We have all heard the stories of former NBA players who loose it all. It is always amazing how these guys go from millions of dollars to nothing. It’s almost as bad as the Biggest Loser winners who gain the weight back. All-Star player Antoine Walker went from having $110 million plus to sharing an apartment for $915 a month(in Idaho, I imagine that is still a nicer apartment than mine) and playing for low level basketball team in Boise. Walker had to give up his 2006 NBA Championship ring to try to settle his debts. Walker just like Allen Iverson blew the money on a lavish lifestyle. Does lavish lifestyle mean handing out cash on the streets? I just don’t know how you can spend that much money. So we all know what not to do when we get money.

Then there is Shaquille O’Neal who smartly invested his millions to make more millions. O’Neal invested in Google (before it was cool), Five Guys restaurants, gyms, and Vitamin Water. What’s the difference? How did O’Neal get to be so much smarter?  He got an MBA online through the University of Phoenix. So here is the solution get money and get a business degree or find someone who has one to manage your money. And whatever you stay away from the lavish lifestyle, what ever that means. Maybe O’Neal could buy Walker’s ring for him.

UNC’s Marshall Probably Out

19 Mar

UNC’s Kendall Marshall had surgery on his broken right wrist today. They put a screw into his wrist, which makes me think we won’t be seeing him for awhile. Marshall is a left-handed point guard but still it is hard to come back from surgery by Friday. Marshall is really important to UNC’s offense with transitions and passing. I think UNC will have no problem moving past Ohio but they could use the help against Kansas or NC State.

Finally Peyton! Denver? Really?

19 Mar

The long drawn out speculation over Peyton Manning’s future home has come to an end. Manning is negotiations to play for the Denver Broncos for a rumored $95 million over 5 years. So much for that 49ers dream team everyone was hoping for. So what happens to the sensation that is Mr. Tim Tebow? Poor Tebow who lead the Broncos to comeback after comeback. Well, if Alex Smith stays put with the 49ers than Tebow could go to the Dolphins.

I think the real question is if the Colts thought Manning was not worth the money, what if they were right? What if Manning can’t play the way he used to and they just threw away a lot of money?  I think this whole thing teaches us you can give and give to a team and then they kick you to the curb.