Just another example of a kid going to the NBA too early and washing out
And having more money than you at this very moment and at minimum a six fig contract traveling the world overseas for the next ten years banging hot bitches.
Just another example of a kid going to the NBA too early and washing out
And having more money than you at this very moment and at minimum a six fig contract traveling the world overseas for the next ten years banging hot bitches.
Possibly ...
How much do you think he has left after factoring in the following:
1) Taxes - reduce compensation by about 40% 2) Agent - reduce compensation by probably about 5% (pre-tax) 3) Entourage/Family 4) Purchases indicative of a young kid flush with money
I'm sure he's got a decent amount of money still ... but I don't think it's a given that he has a lengthy career overseas where he's getting paid crazy amounts of money. After that point, where/what his earning streams will be is still extremely questionable.
In contrast, the earning power for non athletes grows over time as their career develops while typically exhibiting better savings and wealth management.
Leaving college after one year (and I think you can really question how much attention Wroten spent paying attention in his classes while at UW) probably has not prepared him well for not only live after basketball but even for having the foundation to really understand how to manage his money (which isn't just unique to basketball players but true for a lot of young people).
The $$$ argument for leaving early just doesn't register to me. It's great if you make a lot of money ... but doesn't do much for me if you just turn around and blow it all.
Just another example of a kid going to the NBA too early and washing out
And having more money than you at this very moment and at minimum a six fig contract traveling the world overseas for the next ten years banging hot bitches.
Possibly ...
How much do you think he has left after factoring in the following:
1) Taxes - reduce compensation by about 40% 2) Agent - reduce compensation by probably about 5% (pre-tax) 3) Entourage/Family 4) Purchases indicative of a young kid flush with money
I'm sure he's got a decent amount of money still ... but I don't think it's a given that he has a lengthy career overseas where he's getting paid crazy amounts of money. After that point, where/what his earning streams will be is still extremely questionable.
In contrast, the earning power for non athletes grows over time as their career develops while typically exhibiting better savings and wealth management.
Leaving college after one year (and I think you can really question how much attention Wroten spent paying attention in his classes while at UW) probably has not prepared him well for not only live after basketball but even for having the foundation to really understand how to manage his money (which isn't just unique to basketball players but true for a lot of young people).
The $$$ argument for leaving early just doesn't register to me. It's great if you make a lot of money ... but doesn't do much for me if you just turn around and blow it all.
Some big assumptions being made here. He was never going to graduate from UW. He had all the potential in the world and his draft stock would have plummeted if the pros saw him not develop a jumper in year 2.
He's still a millionaire and will make another million out of basketball i'm certain. Maybe the great mentor Romar can give him a call and put him in touch with his financial advisor.
One thing is for sure he doesn't have TCU grad school loans to pay.
Just another example of a kid going to the NBA too early and washing out
And having more money than you at this very moment and at minimum a six fig contract traveling the world overseas for the next ten years banging hot bitches.
Possibly ...
How much do you think he has left after factoring in the following:
1) Taxes - reduce compensation by about 40% 2) Agent - reduce compensation by probably about 5% (pre-tax) 3) Entourage/Family 4) Purchases indicative of a young kid flush with money
I'm sure he's got a decent amount of money still ... but I don't think it's a given that he has a lengthy career overseas where he's getting paid crazy amounts of money. After that point, where/what his earning streams will be is still extremely questionable.
In contrast, the earning power for non athletes grows over time as their career develops while typically exhibiting better savings and wealth management.
Leaving college after one year (and I think you can really question how much attention Wroten spent paying attention in his classes while at UW) probably has not prepared him well for not only live after basketball but even for having the foundation to really understand how to manage his money (which isn't just unique to basketball players but true for a lot of young people).
The $$$ argument for leaving early just doesn't register to me. It's great if you make a lot of money ... but doesn't do much for me if you just turn around and blow it all.
One thing is for sure he doesn't have TCU grad school loans to pay.
What's the big assumption that I've made? Taxes? Agent?
As for grad school loans, you sure about that? Or are you making some big assumptions?
Just another example of a kid going to the NBA too early and washing out
And having more money than you at this very moment and at minimum a six fig contract traveling the world overseas for the next ten years banging hot bitches.
Possibly ...
How much do you think he has left after factoring in the following:
1) Taxes - reduce compensation by about 40% 2) Agent - reduce compensation by probably about 5% (pre-tax) 3) Entourage/Family 4) Purchases indicative of a young kid flush with money
I'm sure he's got a decent amount of money still ... but I don't think it's a given that he has a lengthy career overseas where he's getting paid crazy amounts of money. After that point, where/what his earning streams will be is still extremely questionable.
In contrast, the earning power for non athletes grows over time as their career develops while typically exhibiting better savings and wealth management.
Leaving college after one year (and I think you can really question how much attention Wroten spent paying attention in his classes while at UW) probably has not prepared him well for not only live after basketball but even for having the foundation to really understand how to manage his money (which isn't just unique to basketball players but true for a lot of young people).
The $$$ argument for leaving early just doesn't register to me. It's great if you make a lot of money ... but doesn't do much for me if you just turn around and blow it all.
Just another example of a kid going to the NBA too early and washing out
And having more money than you at this very moment and at minimum a six fig contract traveling the world overseas for the next ten years banging hot bitches.
Possibly ...
How much do you think he has left after factoring in the following:
1) Taxes - reduce compensation by about 40% 2) Agent - reduce compensation by probably about 5% (pre-tax) 3) Entourage/Family 4) Purchases indicative of a young kid flush with money
I'm sure he's got a decent amount of money still ... but I don't think it's a given that he has a lengthy career overseas where he's getting paid crazy amounts of money. After that point, where/what his earning streams will be is still extremely questionable.
In contrast, the earning power for non athletes grows over time as their career develops while typically exhibiting better savings and wealth management.
Leaving college after one year (and I think you can really question how much attention Wroten spent paying attention in his classes while at UW) probably has not prepared him well for not only live after basketball but even for having the foundation to really understand how to manage his money (which isn't just unique to basketball players but true for a lot of young people).
The $$$ argument for leaving early just doesn't register to me. It's great if you make a lot of money ... but doesn't do much for me if you just turn around and blow it all.
One thing is for sure he doesn't have TCU grad school loans to pay.
What's the big assumption that I've made? Taxes? Agent?
As for grad school loans, you sure about that? Or are you making some big assumptions?
Next time just come out and say Wroten is an uneducated ghetto black kid who has blown all his money on jewelry and homies because that's what every ghetto black kid who gets rich quick does.
Edit: I will parlay my hatred for Romar in this thread. If he is such a father figure to the community, none of his kids that leave early for the NBA should be left out in the cold to the sharks and left for broke if they don't pan out 3-4 years down the line. I get what you're saying, but if Wroten is broke, that's an indictment on Romar IMO.
Just another example of a kid going to the NBA too early and washing out
And having more money than you at this very moment and at minimum a six fig contract traveling the world overseas for the next ten years banging hot bitches.
Possibly ...
How much do you think he has left after factoring in the following:
1) Taxes - reduce compensation by about 40% 2) Agent - reduce compensation by probably about 5% (pre-tax) 3) Entourage/Family 4) Purchases indicative of a young kid flush with money
I'm sure he's got a decent amount of money still ... but I don't think it's a given that he has a lengthy career overseas where he's getting paid crazy amounts of money. After that point, where/what his earning streams will be is still extremely questionable.
In contrast, the earning power for non athletes grows over time as their career develops while typically exhibiting better savings and wealth management.
Leaving college after one year (and I think you can really question how much attention Wroten spent paying attention in his classes while at UW) probably has not prepared him well for not only live after basketball but even for having the foundation to really understand how to manage his money (which isn't just unique to basketball players but true for a lot of young people).
The $$$ argument for leaving early just doesn't register to me. It's great if you make a lot of money ... but doesn't do much for me if you just turn around and blow it all.
One thing is for sure he doesn't have TCU grad school loans to pay.
What's the big assumption that I've made? Taxes? Agent?
As for grad school loans, you sure about that? Or are you making some big assumptions?
Next time just come out and say Wroten is an uneducated ghetto black kid who has blown all his money on jewelry and homies because that's what every ghetto black kid who gets rich quick does.
Edit: I will parlay my hatred for Romar in this thread. If he is such a father figure to the community, none of his kids that leave early for the NBA should be left out in the cold to the sharks and left for broke if they don't pan out 3-4 years down the line. I get what you're saying, but if Wroten is broke, that's an indictment on Romar IMO.
I don't disagree with your comments on Romar.
The comments on Wroten has nothing to do with what you described ... in fact given that his family has a lot of background as athletes they should be able to provide more guidance regarding some of the pitfalls that can occur from either their own personal experiences or those that they've witnessed. They are way more tied to the fact that he definitely will lose significant money to start with just by the nature of what he does and the representation that comes with it. You can try to link the comments about family/friends as being critical, but the reality is that this is something that happens in all sports to players of all races.
Comments
http://www.seattletimes.com/seattle-news/firing-at-garfield-stems-from-nonexistent-class-for-hoop-star/
The only words he'll need to know are "Mas Papi, mas" as he exploits the poor fathering of the esmerelda and lupitas of the world.
How much do you think he has left after factoring in the following:
1) Taxes - reduce compensation by about 40%
2) Agent - reduce compensation by probably about 5% (pre-tax)
3) Entourage/Family
4) Purchases indicative of a young kid flush with money
I'm sure he's got a decent amount of money still ... but I don't think it's a given that he has a lengthy career overseas where he's getting paid crazy amounts of money. After that point, where/what his earning streams will be is still extremely questionable.
In contrast, the earning power for non athletes grows over time as their career develops while typically exhibiting better savings and wealth management.
Leaving college after one year (and I think you can really question how much attention Wroten spent paying attention in his classes while at UW) probably has not prepared him well for not only live after basketball but even for having the foundation to really understand how to manage his money (which isn't just unique to basketball players but true for a lot of young people).
The $$$ argument for leaving early just doesn't register to me. It's great if you make a lot of money ... but doesn't do much for me if you just turn around and blow it all.
He's still a millionaire and will make another million out of basketball i'm certain. Maybe the great mentor Romar can give him a call and put him in touch with his financial advisor.
One thing is for sure he doesn't have TCU grad school loans to pay.
As for grad school loans, you sure about that? Or are you making some big assumptions?
Edit: I will parlay my hatred for Romar in this thread. If he is such a father figure to the community, none of his kids that leave early for the NBA should be left out in the cold to the sharks and left for broke if they don't pan out 3-4 years down the line. I get what you're saying, but if Wroten is broke, that's an indictment on Romar IMO.
The comments on Wroten has nothing to do with what you described ... in fact given that his family has a lot of background as athletes they should be able to provide more guidance regarding some of the pitfalls that can occur from either their own personal experiences or those that they've witnessed. They are way more tied to the fact that he definitely will lose significant money to start with just by the nature of what he does and the representation that comes with it. You can try to link the comments about family/friends as being critical, but the reality is that this is something that happens in all sports to players of all races.