Yacht Auctions
Why can’t NBA athletes handle their money, like Latrell Spreewell?
http://www.realgm.com/src_wiretap_archives/50812/20080211/sprewells_yacht_sells_at_auction_house_cold_be_foreclosed/
What an embarrassment. This guy made millions more than I ever will in my lifetime, and his life is pretty much going up in smoke only a few years after his last NBA game. Not to mention, he arrogantly turned down an unquestionably generous offer, saying he couldn’t feed his kids with it. Now his house is being foreclosed to pay for his yacht. He hasn’t even made the mortgage payments on the house.
What’s wrong with these guys?
It’s not just NBA atheletes, this is a dominant trend in all sports. Hockey players, Boxers, NBA and NFL players, MLB players, and Olympians. You can find this trend anywhere. It’s just that people from certain backgrounds and have certain values tend to not understand the value of a good education. They also don’t surround themselves with the best financial adivsors so they end up broke and not actually having money to feed their family.
67 Sailing Yacht Auction, M80 Stiletto, Water-Ski Squirrel
