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Sad Story

Discussion in 'Colorado Basketball Message Board' started by MtnBuff, Mar 13, 2015.

  1. MtnBuff

    MtnBuff Not allowed in Barzil 2 Club Member

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  2. sliderNcider

    sliderNcider MacLovin Club Member

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    Thoughts at beginning of article: "Wow that sucks."
    Thoughts half-way through: "Wow what an idiot."
     
  3. DiggerBuffs

    DiggerBuffs Well-Known Member

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    I am sure you will get slack for it but I agree. I started with your half-way through assessment at the beginning since I knew he made over $5 million between the NBA and China and he had talent but never seemed to give it his all. I was hoping he would go Round 2 so he would have to show himself and push himself. Instead he just collected a paycheck for 4 years and went through the motions.

    He was frustrating to watch. Could have been one of best Buffs all-time but is a footnote in my opinion. Guys like Chris Copeland show you hard work pays off. Wish him the best but not surprising to read.
     
  4. MtnBuff

    MtnBuff Not allowed in Barzil 2 Club Member

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    Good assessment.

    He is living proof that being big and talented isn't always enough. You have to do something with it.
     
  5. sliderNcider

    sliderNcider MacLovin Club Member

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    He lost all sympathy when he said he had to "protect himself" by punching a 67 year old man
     
  6. Clean Undies

    Clean Undies Flagship of the 12-Pac Club Member

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    One example of why it's not always the best choice to leave college early without a degree to chase NBA money.
     
  7. wyobuff

    wyobuff Well-Known Member

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    This is unfortunate, but I do find it difficult to feel bad for someone who has earned 5m and has nothign to show for it. I'm sure he had a lot of hands in the cookie jar, but it doesnt seem like he made any stable investments (like a papa johns franchise or something).

    It mentioned in there a grad assistant job at CU. THink he could help josh & wes?
     
  8. sackman

    sackman Club Member Club Member

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    Can somebody tell me what the Hell this means?

     
  9. TDbuff

    TDbuff Club Member Club Member

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    There was a night at the Walrus where he bought jager shots for everybody that happened to be standing at the bar with him. Always seemed like a good dude, just not ready to be a professional I guess. Also saw on his bio that he's got 11 siblings, so that might have played a role.
     
  10. tante

    tante Club Member Club Member

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    what?
     
  11. TDbuff

    TDbuff Club Member Club Member

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    Which part?
     
  12. Goose

    Goose Hoops Moderator Club Member Junta Member

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    False.

    ALWAYS chase the money. Just make sure you have a backup plan in place.
     
  13. Buffnik

    Buffnik Real name isn't Nik Club Member Junta Member

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    ALWAYS

    And, yes, be smart about it. Buy a house that you can pay cash for. Put half of what's left from that first contract away as if it didn't exist. Pursue your dream.
     
  14. tante

    tante Club Member Club Member

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    the sibling thing.
     
  15. BlackNGold

    BlackNGold Club Member Club Member

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    David Harrison was always a baby or a head case - little things could send him off in a funk. I do not agree with chasing the money in Harrison's case, you could always see he was a guy who needed to mature. I think Ricardo was actually a good coach for him - a lot of tough love was handed out which I think Harrison needed. I remember a game against Kansas (I think) and he was being ridden hard by their fans and you could see it get into his head - he got rough with one of their players, got a T and was ineffective after that.

    He reminded me a lot of Brian Williams the former Nugget. All the talent in the world but his brain was somewhere else.
     
  16. TDbuff

    TDbuff Club Member Club Member

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    Sorry, I was going off this part, he does have a really big family:

     
    Last edited: Mar 13, 2015
  17. tante

    tante Club Member Club Member

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    it made no sense, when this was the preceding sentence:

    Always seemed like a good dude, just not ready to be a professional I guess.
     
  18. Goose

    Goose Hoops Moderator Club Member Junta Member

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    Wait, what?!?

    The same Patton who never made Harrison practice? The same Patton who let him ride an exercise bike while eating during practice? That Patton? Just checking here...
     
  19. TDbuff

    TDbuff Club Member Club Member

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    Yeah, not my best paragraph.
     
  20. aghcsm

    aghcsm Well-Known Member

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    Get a "money manager" who can prevent the newly-rich college dropout from wasting all of his money.
     
  21. MtnBuff

    MtnBuff Not allowed in Barzil 2 Club Member

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    If you don't use it wisely it doesn't matter what year you go after the money, had he waited what would have changed to change the eventual outcome.

    Had he (or his agent) found a trustworthy financial professional he could have helped his family for a long time on the after tax proceeds from the money he made if it was invested reasonably well.

    Unfortunately a lot of the kids who end up playing college ball don't have the family background that lends itself to being highly financially literate so it's easy for the money to slip away.

    Throw in some immaturity, bad decisions, the wrong "friends", and to many former athletes end up broke.
     
  22. aghcsm

    aghcsm Well-Known Member

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    Yes. I heard some 1 out of 5 lottery winners end up broke within five years as well, it's not that hard to do. Wonder if the NBA offers any help, or if some agents include longterm financial guidance in their services.
     
  23. MtnBuff

    MtnBuff Not allowed in Barzil 2 Club Member

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    I know that the NFL requires rookies to attend seminars and have heard that the NBA Players Association does both education and individual counseling. That said you can give all the advice in the world but you can't force someone to follow it.
     
  24. Buffnik

    Buffnik Real name isn't Nik Club Member Junta Member

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    There is a lot of pressure from other players to act like a big leaguer, too. Part of the culture is to go on shopping sprees, hit expensive restaurants and all the rest with the windfall money. Plus, lots of these guys live in mansions they don't even know what do do with. Furnishings are often just a bed in the master and a leather couch, big screen & xbox in the family room.
     
  25. MtnBuff

    MtnBuff Not allowed in Barzil 2 Club Member

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    You are right.

    Also for many of them any number with million behind it sounds like an impossible figure. They can't conceive of it running out. Why worry about spending "just" $50,000 or $70,000 when you have millions. It's almost like monopoly money. They also can't see the end of the money until it's to late. They are certain that they will have another year in the league, then another and another.
     
  26. Clean Undies

    Clean Undies Flagship of the 12-Pac Club Member

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    Broke with a degree > broke without a degree.
     
  27. GregInArlington

    GregInArlington Well-Known Member

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    drugs are bad, mmmkay
     
  28. DBT

    DBT Club Member Club Member

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    Nah. Put 30% down, get a nice, low interest rate, then invest in a solid plan earning at a nice rate. Then you can write off your interest on the house. :thumbsup:
     
    Last edited: Mar 13, 2015
  29. Buffnik

    Buffnik Real name isn't Nik Club Member Junta Member

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    We're talking about people earn windfall money for 3 years and then go straight to whatever job they can get with "some college". This isn't advice to become the millionaire next door based on steady income and career growth into middle management over a 40 year career arc. They need to be foreclosure proof.
     
  30. GregInArlington

    GregInArlington Well-Known Member

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    He was trying to support a large family and a needy entourage. It just wasn't enough to be sustainable.
     

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