The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: patron_anejo_por_favor who wrote (226334)	10/27/2009 7:11:16 PM
From: John Koligman	Read Replies (1) of 306849

This excerpt was from an op-ed in today's NY Times. Amazing stat on the number of NBA players that go broke. Last I looked, even the guys on the bench are making over 5 mil a year... John "Perhaps this was a way for Stern to start to come to grips with the reported statistic that close to 60 percent of N.B.A. players ultimately go broke. Or to help rectify what a professional agent once told me: that some players, after suddenly coming into money and buying houses and cars for themselves and their family and their posse, were still so naïve about life that they had no idea there was something called income tax. Maybe Stern was actually embarrassed by the paucity of college graduates in the N.B.A., about 20 percent. But I should have known better."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next