Cobb Posted May 14, 2010 Report Share Posted May 14, 2010 Yahoo! Sports Being a New York City point guard is a pretty big deal. The long and storied lineage runs from old-timers like Bob Cousy all the way to guys like Stephon Marbury(notes) and Sebastian Telfair(notes). If you're good at playing point in NYC, odds are you'll become a legend throughout the city. However, the biggest of all the big deals is probably Kenny Anderson, who is the only player in history to be named all-city all four years of high school and is called "the best high school player I've ever seen" by scouts who have been watching basketball for 50 years. After a Final Four and two years at Georgia Tech, Anderson hit the NBA as the second overall pick in the 1991 draft. And while his NBA career was nothing to write home about, he banked about $60 million. Then, when his career came to a close in 2005, he was broke. Between cars, seven children with five women and loving to party, Anderson was without a job, money or a diploma. So he went back to school, and this Saturday he'll be graduating with a degree in organizational leadership.I don't know why it's so hard for NBA players to save their money. It really isn't that hard of a concept. Quote Link to comment Share on other sites More sharing options...
xx. Posted May 14, 2010 Report Share Posted May 14, 2010 No surprise, this is about 80 percent of athletes at least. They don't know how to invest their money and only know how to spend it because to be honest they just have too much for themselves to even imagine. Quote Link to comment Share on other sites More sharing options...
SRT Spidey Posted May 14, 2010 Report Share Posted May 14, 2010 young and stupid. i wouldnt blow all my money away like he did but im sure id be living one hell of a expensive lifestyle everyday and when you do that money comes and goes very fast..and im horrible at saving my money lol. Quote Link to comment Share on other sites More sharing options...
fish7718 Posted May 14, 2010 Report Share Posted May 14, 2010 I don't think you guys can judge these guys until you've had that type of money and lived the life style. Sure it's easy for you to think you can do it, but let's see you do it. http://www.youtube.com/watch?v=Oddx7UXUnwk The worst part about this story is it happens to a lot of people. Quote Link to comment Share on other sites More sharing options...
Sun Tzu Posted May 14, 2010 Report Share Posted May 14, 2010 We need more sport stars to learn from mistakes like these and don't blow all their money away so easily. Quote Link to comment Share on other sites More sharing options...
Newman Posted May 14, 2010 Report Share Posted May 14, 2010 The mindset of a person change when he/she is in control of loads of cash. Unnecessary items become necessary, necessary items get upgraded etc. Still, should probably have some common sense and save some money or make some wise investments. Quote Link to comment Share on other sites More sharing options...
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