ChiefsPlanet - Home and Auto Adrian Peterson illustrates why some athletes quickly go broke.

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Adrian Peterson illustrates why some athletes quickly go broke. (https://chiefsplanet.com/BB/showthread.php?t=323756)

Quote:

Originally Posted by big nasty kcnut (Post 14361185)

I would love to see a player not invest in anything big. lead a somewhat cheap life. Get stocks and invest in small things.

It happens all the time, it's just that it's not as interesting a story

https://www.theplayerstribune.com/en...l-60000-budget

Quote:

Originally Posted by big nasty kcnut (Post 14361185)

I would love to see a player not invest in anything big. lead a somewhat cheap life. Get stocks and invest in small things.

I heard Adam Theilen is very frugal. He is not making the big money yet, but hates spending.

Quote:

Originally Posted by big nasty kcnut (Post 14361185)

I would love to see a player not invest in anything big. lead a somewhat cheap life. Get stocks and invest in small things.

Gotta live life like a rap video, bruh.

I'm sure you all saw his 30th bday party, with camels, first class tickets for 300 guests..etc... what an idiot.

Quote:

Originally Posted by displacedinMN (Post 14361315)

I heard Adam Theilen is very frugal. He is not making the big money yet, but hates spending.

Thielen got paid, brah.

http://www.nfl.com/news/story/0ap300...-64m-extension

Quote:

Originally Posted by Cave Johnson (Post 14361807)

Thielen got paid, brah.

http://www.nfl.com/news/story/0ap300...-64m-extension

Cool. I think he will still make his parents pay for supper when they come to town.

Quote:

Originally Posted by displacedinMN (Post 14361818)

Cool. I think he will still make his parents pay for supper when they come to town.

Then he’s an asshole.

Quote:

Originally Posted by big nasty kcnut (Post 14361185)

I would love to see a player not invest in anything big. lead a somewhat cheap life. Get stocks and invest in small things.

Kirk Cousins drove an old crappy dented van with 100k miles on it and lived in his parent's basement in the summer (even after he signed his first big contract).
 
Gronk never touched a dime of his actual salary and just lived off of endorsements and other monies. 
 
Lots of guys are smart with their money...we just don't hear about them because it doesn't make interesting news.

Can you imagine doing all that potential damage to your brain and coming out of it with absolutely nothing? Check that - less than nothing. His pension won't even cover the interest.

What a maroon.

This is wrong. If you come to TC in a Brinks truck then you will go broke. - CP probably

Quote:

Former NFL running back Adrian Peterson has been ordered by a Houston judge to turn over numerous assets as a means toward paying a debt that is estimated at more than $12 million.

The court-appointed receiver, Robert Berleth, requested this order in July and said Peterson "is known to have numerous assets" at his home in Missouri City, Texas. The Houston judge on Monday ordered constables in Fort Bend County, Texas, to accompany Berleth to Peterson's residence to keep the peace.

Former NFL MVP Adrian Peterson has been ordered by a Texas judge to turn over assets to settle a $12 million debt. John Nacion/Getty Images
Peterson's debt issues began when he took out a loan for $5.2 million from a Pennsylvania lending company in 2016. The sum has grown because of interest and attorney's fees, leading to an $8.3 million judgment against him in 2021.

"No offsets have been made against this judgment to date," the receiver stated in the July court filing.

Peterson, 39, last played in the NFL during the 2021 season.

A 2012 NFL MVP, four-time All-Pro and seven-time Pro Bowl selection, Peterson led the league in rushing three times in his 15-year career. He ranks fifth all-time with 14,918 rushing yards to go along with 90 touchdowns during 184 career games (167 starts) with seven teams, most notably the Minnesota Vikings (2007-16).

The only time he will not be broke is when he is dead. Then his 8 kids will assume the debt.

Quote:

Originally Posted by -King- (Post 14337518)

There are a lot of people aside from gold diggers whose sole job and purpose is taking advantage of athletes who don't know shit about money.

They call them financial advisors.

23% interest? That should be illegal. Even the mafia didn't charge that.

Quote:

Originally Posted by Red Dawg (Post 17673047)

23% interest? That should be illegal. Even the mafia didn't charge that.

Aren't credit cards legally capped at 17.9% APR now?

Quote:

Originally Posted by loochy (Post 14361903)

A post that has both gronk and smart within - never want to see that again on CP