chanel
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- #41
This article says 60%. Funny satirical piece in ESPN.
LIFE OF REILLY - ESPN The Magazine
I don't care if you make $20K or $20M, spending 100% of your salary on a ring, is beyond. dumb.
Now you've been drafted. Next comes the delicious multimillion-dollar contract. And that's when you must do what most NBA players do: start going through cash like Jack Black through the Keebler factory.
Filing for bankruptcy is a long-standing tradition for NBA players, 60% of whom, according to the Toronto Star, are broke five years after they retire. The other 40% deliver the Toronto Star.
It's not just NBA players who have the fiscal sense of the Taco Bell Chihuahua. All kinds of athletes wind up with nothing but lint in their pockets.
LIFE OF REILLY - ESPN The Magazine
I don't care if you make $20K or $20M, spending 100% of your salary on a ring, is beyond. dumb.