My Grizz waive Tony Wroten

Doogles said:

Tequilla said:

Doogles said:

Tequilla said:

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.