Study Finds the Typical NBA Player Spends $42,500 Per Month

[hasar]

That's an A level athletes money for ya.

According to Kathleen Pender of the San Francisco Chronicle, wealth management company Personal Capital has compiled data on how much the average NBA player spends per month. Per Pender, "more than 50" players used the financial management tool, with the subjects ranging from rookies to veterans.

The findings? A typical NBA player spends about $42,500 per month (or $510,000 a year).


http://m.bleacherreport.com/article...the-typical-nba-player-spends-42500-per-month

 

[Arm Barbarian]

McG spends 10 x that in one run at the car dealership

 

[LouisBolanos]

Study also shows something like 50% of NBA players go bankrupt or financially struggles within 5 years of retirement.

 

[Which Doctor]

I spend more than that avoiding getting Plat status.

Spoiler

 

[ClosetVitorFan]

Well in the UFCs defense Dana spends a lot of money per month.

 

[Which Doctor]

McG spends 10 x that in one run at the car dealership

Sweet ride. What is that, a Dub Edition Chrysler? Totally bodacious.


inb4hedriveshisownrolls?

 

[Cro Cop Is Back]

Conor spends that in an hour, homie.

 

[Rex Kwon Do]

I'm guessing they weren't Economics majors in college.

They'll be asking for Russian citizenship and taking photos in Crimea within a decade because they're broke and desperate for some support.

 

[PureLite]

You'd think since most of them are from a University (and top ones at that) that they'd be forced to at least take a financial management classes prior to their entry into the nba.

 

[Which Doctor]

Well in the UFCs defense Dana spends a lot of money per month.

Dana brought us the words, and the words were Just Bleed.

Don't ever question Dana.

***This message brought to you by Which Doctor; 100% Zuffa shill who wants to bang Hich Franklin while drinking Xyience energy shots from Honda's butt crack as Stephan and Forrest recreate that one scene (w/ teh you know what) from Blue Velvet.

 

[themainman]

The main reason they go broke, besides idiocy, is family and friends think they all made it. They keep asking for money and all of the sudden they get long lost cousins that wanna hang out.
Athletes have got to learn to say no

 

[Irishhandbomb]

 

[SouthoftheAndes]

You'd think since most of them are from a University (and top ones at that) that they'd be forced to at least take a financial management classes prior to their entry into the nba.

They get passed anyways. At least that is the case in the SEC. Few are actually bright. Those few are the ones you keeping hearing about years after they retire.

 

[MikeMcMann]

They sound poor!

 

[TrainInVain]

Dana brought us the words, and the words were Just Bleed.

Don't ever question Dana.

***This message brought to you by Which Doctor; 100% Zuffa shill who wants to bang Hich Franklin while drinking Xyience energy shots from Honda's butt crack as Stephan and Forrest recreate that one scene (w/ teh you know what) from Blue Velvet.

 

[dildos]

allen iverson was saved by the rainy day clause in his deal with reebok if i am not mistaken.

he busted his money on himself and rolling with a entourage of like 40 people.

reebok put a clause in his contract saying you can only access this much for now, and x value he cant touch till he is 55. so he has that to fall back on. since filing for bankruptcy dont know if that ammount will be available to cover current debts and come the age of 55 it will be less.

- http://www.celebritynetworth.com/ar...ebok-trust-fund-that-he-cant-touch-till-2030/

 

[ProBoxingInsidr]

You'd think since most of them are from a University (and top ones at that) that they'd be forced to at least take a financial management classes prior to their entry into the nba.

most of the schools lower their standards for the players to get in. and they have zero interest in whether the kid learns. their job is to give the players the easiest schedule possible while still keeping them eligible to play

 

[MysticCam]

Lebron drives a Kia tho the commercial said

 

[Deleted member 491001]

Dana brought us the words, and the words were Just Bleed.

Don't ever question Dana.

***This message brought to you by Which Doctor; 100% Zuffa shill who wants to bang Hich Franklin while drinking Xyience energy shots from Honda's butt crack as Stephan and Forrest recreate that one scene (w/ teh you know what) from Blue Velvet.

They recreate the scene with the ear on the ground? No wait, the "where's my bourbon" scene? No wait, it's the "in dreams you're mine" scene?

 

[Which Doctor]

I can't decide who's gonna be Hopper; it's supposed to be Bonnar, but...