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- Insightful article. It leaves me wondering how one can fall so far so fast, but at the same time realizing he didn't fall alone. At 18 & 19, when these institutions of "higher" learning recruit these young atheletes to ultimately exploit them... where are the mentors to teach them about life and money? You can't leave someone ignorant and then expect them to develop these skills on their own especially after they have money and hangers-on who willfully mislead them for their own personal gain. I hope Iverson can get his life together for the sake of his family.Apr 22, 2013
- It's easy for anyone on this thread to criticize millionaires going broke, but most of you are just two paycheck a away from being broke or poor yourselves. Be careful throwing rocks from those glass houses of yours.Apr 22, 2013
- I think it's just a case of regular, blue collared people having a hard time comprehending how young athletes who earn millions of dollars lose large percentages of their money a few years after they retire.
Even people who win hundreds of millions from the lottery go broke..
I think young people in general have a tough time living sustainable lifestyles. I know when I was in my early 20's, I lived way beyond my means via credit cards. Apr 22, 2013
- I couldn't agree more withhe did it to himself! In addition his basketball skills allowed him to have a do what I want attitude. He and everyone else new basketball wasn't going to last forever. He didn't get a replacement for basketball that would give him the same freedom. Now do what I want doesn't cut it.Apr 23, 2013
- Sports and entertainment are careers that don't pay high salaries until retirement, which is no big secret. So you have to invest in your future the whole time ur getting paid. Too damn bad if he f*cked it up for himself. Unfortunately too many people just live for today and not tomorrow.May 12, 2013
- Don't feel bad for Allen. He lived it up spending tens of millions.May 13, 2013