On 07.10.10, In nba, by admin
Austin Rivers is considered one of the basketball basketball prospects in the nation.
On 06.12.10, In Current Events, nba, by admin
Nate Robinson calls him and Big Baby “Like Shrek and Donkey”.
On 06.10.10, In college football, nba, by admin
YouTube – Nate Robinson – Unstoppable Career Highlight Reel HD MUST SEE.
On 06.09.10, In nba, by admin
Los Angeles Lakers’ Derek Fisher (L) shoots as Boston Celtics’ Rajon Rondo looks on
Los Angeles Lakers’ Derek Fisher (L) shoots as Boston Celtics’ Rajon Rondo looks on during the second half of game three of the NBA Finals at TD Gardens in Boston, Massachusetts, USA, 08 June 2010. The Lakers defeated the Celtics 91-84 to lead the series 2-1.
The video documented journey to the NBA Finals.
On 03.29.10, In Current Events, by admin
Antoine Walker blew through $100,000,000 and is now broke and playing basketball overseas.
In this story, money is definitely the root of all evil and problems.
On 10.28.09, In black famous people, sports, by admin
I read some disturbing news today. Former Boston Celtic great, Antoine Walker is reportedly broke and owes the IRS $4 Million. Antoine Walker made roughly $110 Million in a twelve year period and is a former NBA AllStar putting up big numbers on the court. In a related post, I spoke about how athletic money [...]
I read some disturbing news today. Former Boston Celtic great, Antoine Walker is reportedly broke and owes the IRS $4 Million. Antoine Walker made roughly $110 Million in a twelve year period and is a former NBA AllStar putting up big numbers on the court.
In a related post, I spoke about how athletic money is NOT wealth. It is earned income and not passive wealth. Building wealth is also a mentality. I hear rappers and athletes all the time saying how they believe that being wealthy is about how much they spend. It is actually the complete opposite. It’s just not fun and doesn’t make news to put your money into Fidelity Investments or Charles Schwab or build apartment buildings and create passive income.
What makes people happy and media happy is to spend money relentlessly and give it away to everyone around you. While this makes others happy and makes the athlete temporarily happy, it has long lasting impacts to the athlete. How do you keep this kind of money in your pockets and not be broke by the time you’re 33 years young?
Get the $12 Million per year and walk into a reputable investment brokerage such as Fidelity, Charles Schwab, or AXA Advisors. I work with AXA Advisors and they created a wealth plan for me based upon personal need. It accounts for family, personal needs, professional needs, the IRS, and business needs.
People are surprised at how easy it is to spend $10 Million per year. Antoine Walker supported over 70 family and friends. It’s easy to lose this money each year especially if you are a big spender and believe that the money will always come in. It will not. The only money that stays continual and perpetual is passive income that is made regardless of whether or not you work, play, and shoot baskets.
On 10.27.09, In sports, by admin
It seems the Boston Celtics and Rajon Rondo cannot come to terms on Rajon’s contract extension. Rajon Rondo and his agent, Bill Duffy of BDA Sports, want $11-$12 Million per year for 5 years and they believe that Rajon is one of the top 5 point guards in the NBA. The Boston Celtics disagree and [...]
It seems the Boston Celtics and Rajon Rondo cannot come to terms on Rajon’s contract extension. Rajon Rondo and his agent, Bill Duffy of BDA Sports, want $11-$12 Million per year for 5 years and they believe that Rajon is one of the top 5 point guards in the NBA. The Boston Celtics disagree and have offered Rajon a deal worth $9 Million per year for 5 years.
This is typical. Professional sports teams constantly want players to perform at the top of their game but when it comes to contract negotiations, team management tends to not consider you the best in order to save contract money.
Gerard Spinks is the CEO of Spinks Industries; a web content producer and online marketing agency based in Atlanta, GA USA.
