RealGM

I was just on ESPN.com and they are reporting that the bank sold off Latrell's yacht for failure to make payments. They are also reporting that his modest home ($400,000 in value) could be foreclosed for the same reason.

I checked out basketballreference.com which showed that he made $96 million over the course of his career.

I know the government takes a sizeable portion of each paycheck but c'mon, how does this happen?

Bet he wishes he hadn't turned down the Wolves 3 year $21 million offer. He really might have to start wondering how he's gonna feed his family.

This is why ignorant people can't have nice things. He assumed he'd always have more money, but now he has no career, and no money.

Sucks for him, but it's kinda his fault anyway.

wow wow wow!

shaq better watch out, with his property taxes, ex wife, many homes etc.

they say a lot of dudes go broke after finishing their career in the nba, but guys that make over 90 million in their career are unexpected!

sad. i think he has lot of kids too. i wonder why he retired so early.

i wonder if he has an ex wife and if she pulled what micahel strahan's wife pulled.

maybe KG can bail him out.

He is (Please Use More Appropriate Word).

If he can't even pay off his boat, how is he going to feed his family?

Child support, paying off groupies, too many hanger-ons, not a surprise.

didn't he sign a contract somewhere in the middle of nowhere in serbia for a team which name sounds pretty much like IKEA?

Im pretty sure he wont starve. And working like everyday joe isnt that bad, u make it sound like he will starve to death and live in some hobo borrow.
Im sure he will still have alot more stuff than a normal person have.

yeah i think he has a motorcycle company - or something to do with automobiles.

90 million is still very hard to lose.

Most NBA players don't manage their finances well.

He invented spinners. How in the hell could he go broke with that constant income to lean on.

How's he gonna feed his family without his yacht to go fishing with? (Please Use More Appropriate Word)

baroidi wrote:How's he gonna feed his family without his yacht to go fishing with? (Please Use More Appropriate Word)

he's gonna have to start fishing on bridges like normal broke ass people.

Honestly... how hard is it to put what... 8 to 9 million dollars in a career in which you made 90 plus million dollars in a money market fund and then live off the interest?

Tragic, but not sad.

Surprising, but not unexpected.

Let's all pop open a can of Milwaukee's Best, in Latrell's honor.

There's a house for sale by me that's only 200 grand. He could live on my street.

Latrell is out in rural Bosnia playing basketball for 50 k a year...

he's a broke ass clown....

he had a nice NBA career going for him...

drugs do bad things for people...

Will Spree hoop for food?
After all, he needs to feed his children.

Spree will clean your car for $5 to go buy a happy meal for his kid...