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Ex-NFL star Antonio Brown files for bankruptcy, allegedly owes nearly $3 million to creditors, per report
Brown claims his assets are worth just $50,000 or less, according to court documents
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SignUp Now!I think $30M take home over his career is a good numberHard to imagine blowing through that kind of money. Figure he kept 35% after paying people and taxes. That is still 30 million or so. Does he rent his house and lease cars? Where'd it all go?
I think $30M take home over his career is a good number
Assuming he never allocated any of his money to prudent investments to live off the yield (of course he didn't),
$10M home = $60k mortgage payment each month
$1m worth of cars= $15k/month in car payments
I could see a guy like him blowing $2k a day on average easy = $60k month.
That's approaching $1.6M a year. He started in the NFL in 2010, so its been 14 years.
So that's $22M in that time span and I'm probably missing some major variables in the equation. For one, he's surely had to pay a massive amount of legal fees over is career
I've always wondered how these multi million dollar athletes do this as well, but the math could kinda make sense.
Family and posse took a bunch of it.I think $30M take home over his career is a good number
Assuming he never allocated any of his money to prudent investments to live off the yield (of course he didn't),
$10M home = $60k mortgage payment each month
$1m worth of cars= $15k/month in car payments
I could see a guy like him blowing $2k a day on average easy = $60k month.
That's approaching $1.6M a year. He started in the NFL in 2010, so its been 14 years.
So that's $22M in that time span and I'm probably missing some major variables in the equation. For one, he's surely had to pay a massive amount of legal fees over is career
I've always wondered how these multi million dollar athletes do this as well, but the math could kinda make sense.
Almost put that exact sentence in my breakdownFamily and posse took a bunch of it.
Maintenance/upkeep on a spread isn't cheap either.I think $30M take home over his career is a good number
Assuming he never allocated any of his money to prudent investments to live off the yield (of course he didn't),
$10M home = $60k mortgage payment each month
$1m worth of cars= $15k/month in car payments
I could see a guy like him blowing $2k a day on average easy = $60k month.
That's approaching $1.6M a year. He started in the NFL in 2010, so its been 14 years.
So that's $22M in that time span and I'm probably missing some major variables in the equation. For one, he's surely had to pay a massive amount of legal fees over is career
I've always wondered how these multi million dollar athletes do this as well, but the math could kinda make sense.