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he does have that deal. but yea, someone is going to lay claim to that money before him I bet.
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And based on the story, his ex wife already owns half of it:Originally posted by mstng86 View Post
The existence of this trust fund came to light after it was revealed in divorce disclosures that his ex-wife Tawanna was awarded 50% of the rainy day fund, to be delivered at the same future date.Comment
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Good info Chili...I would never think that Jordan would be at #87Originally posted by Da PrezOriginally posted by VETTKLR
Cliff Notes: I can beat the fuck out of a ZR1
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Keep in mind that was also 1980-90's money....Originally posted by Chili View PostHe made over $100MM too, in salary alone.. I think his problem was that he was trying to keep the same lifestyle as Jordan, without making as much money.
Interestingly, Jordan's career salaries are pretty low in retrospect (#87 in top career salaries), but I know that he made a shit-ton on other stuff (endorsements and whatnot).
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Yep.. I was going to mention that to Juiced4v's post as well.. And he missed a few prime years with the stupid baseball stunt. Again, he was making so much money from other sources.Originally posted by Roscoe View Post
Just found the article below.. According to that, he made almost as much from endorsements in 2012 as he did from his whole NBA salary!
Net worth of $650MM!Jordan earned an estimated $80 million last year from corporate partners Nike, Gatorade, Hanes, Upper Deck, 2K Sports, Presbyterian Healthcare and Five Star Fragrances.Comment
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oh my god, that place is crazy! I didn't know such a thing existed!!Originally posted by svo855 View PostInterested in being a VIP member and donating to the site? Click here http://dfwmustangs.net/forums/payments.phpComment
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Yeah, no sympathy for someone that irresponsible.Iverson blew through his money at an alarming rate on gaudy jewelry, expensive cars, and other frivolous purchases. In 2012, a Georgia judge garnished his wages to satisfy a $859,896.46 debt to a jeweler.Comment
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I think it is fucked that they give big money to idiots that have no financial sense. Throwing a ball doesn't give one life sense. The players should be forced to invest 50% of their salary in a fund that begins to disperse upon retirement, as well as classes that teach them how to budget.Comment
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They talkin bout practice?Comment
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30 for 30 had a good episode on broke athletes. Some of those fuckers are still pay check to pay check employees.Comment
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What's up big government?Originally posted by Sean88gt View Post
Man I'm all for letting people stimulate the economy with their massive pay day!!!Comment
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And when he gets that pay check he'll be broke again when he's 60. That's why it's important to also get an education in college."When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
"A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser TytlerComment
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It doesn't have to be government directed. The NBA could easily mandate that a percentage of a player's salary is automatically placed into a pension of some sort that starts annual payouts upon leaving the NBA.Originally posted by Ruffdaddy View PostComment
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