A Reverse in Gains: 10 Athletes Who Have Gone Bankrupt

Started by CrackSmokeRepublican, May 08, 2011, 11:53:27 PM

Previous topic - Next topic

CrackSmokeRepublican

A Reverse in Gains: 10 Athletes Who Have Gone Bankrupt (  <$>  Jew'merica in action... )

May 02, 2011 07:53 AM
Print

We've all played this game:   "If I were rich I would..."  Travel the world?  Start a business? Quit my job?  No one ever says, "Squander it all," despite the fact that this happens often.  In a recent article, 15 Athletes Gone Bankrupt, CNBC reminds us how pervasive a problem this is among sportsmen.  The NBA estimates that 60% of players go broke within five years of retiring, and according to a 2009 Sports Illustrated finding, 78% of NFL players could be classified as bankrupt or financially distressed, within two years of leaving the job.   The Atlanta Post takes a look at the ten African-American athletes that made CNBC's list.

http://atlantapost.com/2011/05/02/a-rev ... -bankrupt/
After the Revolution of 1905, the Czar had prudently prepared for further outbreaks by transferring some $400 million in cash to the New York banks, Chase, National City, Guaranty Trust, J.P.Morgan Co., and Hanover Trust. In 1914, these same banks bought the controlling number of shares in the newly organized Federal Reserve Bank of New York, paying for the stock with the Czar\'s sequestered funds. In November 1917,  Red Guards drove a truck to the Imperial Bank and removed the Romanoff gold and jewels. The gold was later shipped directly to Kuhn, Loeb Co. in New York.-- Curse of Canaan

Anonymous

Why are they only choosing Negros to show who has crashed and burned in professional sports. I looked at it and noticed they were all black, I wondered why and it said they selected 10 'african americans'. I don't get it, what is the point?

I am aware negros are prone to be irresponsible with money but what is the point of the news article?

CrackSmokeRepublican

You have to remember bluejelly, that the J-Tribers treat their media-money making black athletes as "special" from a young age...like they used to treat their black slaves.  Integrated sports arose with "integrated" schools.

Most of these bankrupt athletes are black because they were created by Jewish Sports owners' who just saw dollar signs on their backs. Jews love making money off them the most since they will always try and introduce a train of "investment" Jews and "legal" Jews to these mostly "low-score" blacks. Most of these "athletes" would have been prison bound at some point if they didn't get scholarships and contracts.
 
  America will collapse as these Jewish "sport franchises" collapse. It may be the last thing to go but when it does... just look out.
After the Revolution of 1905, the Czar had prudently prepared for further outbreaks by transferring some $400 million in cash to the New York banks, Chase, National City, Guaranty Trust, J.P.Morgan Co., and Hanover Trust. In 1914, these same banks bought the controlling number of shares in the newly organized Federal Reserve Bank of New York, paying for the stock with the Czar\'s sequestered funds. In November 1917,  Red Guards drove a truck to the Imperial Bank and removed the Romanoff gold and jewels. The gold was later shipped directly to Kuhn, Loeb Co. in New York.-- Curse of Canaan

Christopher Marlowe

QuoteAmerica will collapse as these Jewish "sport franchises" collapse. It may be the last thing to go but when it does... just look out.
Look out!
Quotehttp://marketplace.publicradio.org/display/web/2011/05/04/pm-los-angeles-dodgers-may-not-meet-payroll/
Los Angeles Dodgers may not meet payroll

By Jennifer Collins Marketplace, Wednesday, May 4, 2011

Listen to this Story

One possible result: all Major League Baseball clubs will pay for Dodgers' players.
Dodger Stadium

A general view of Dodger Stadium is seen during the game between the Atlanta Braves and the Los Angeles Dodgers on April 21, 2011 in Los Angeles, Calif. (Jeff Gross/Getty Images)

Tess Vigeland: Just up the freeway, the Los Angeles Dodgers are struggling in the early weeks of the season. Their win-loss record is about even. And the team may lose more than games in the near future -- if it can't pay players. The hometown paper, the Los Angeles Times, is reporting that the team's owner, Frank McCourt, doesn't have enough money to make payroll at the end of this month.

You may remember a couple of weeks ago, Major League Baseball announced it was taking control of the team and investigating its finances. Jennifer Collins reports on the latest Dodger blues.

Jennifer Collins: Any chance you could spare $8 million? That's what the Dodgers need to pay players for the last two weeks of this month. Sports economist Brad Humphreys says this hardly ever happens.

    Brad Humphreys: Failing to make payroll is a fairly serious event.

Dodgers owner Frank McCourt borrowed heavily to buy the team. He's been through a nasty divorce that exposed reckless spending. The league's appointed a monitor for the team. McCourt's hoping the league will approve a deal with Fox TV network for $3 billion -- over 17 years.

Still, sports commentator Jon Weinbach says don't worry too much about the players.

    Jon Weinbach: What would happen if the Dodgers missed payroll is Major League Baseball would fund them -- essentially taking money from all the other owners. So in effect, every owner in major league baseball would be funding the L.A. Dodgers.

Weinbach says McCourt has seriously cut back spending on the team. Rodney Paul, sports economist at St. Bonaventure University, says that's sent the wrong message.

    Rodney Paul: It's just you don't want to have a team give the signal that we don't care about winning. As soon as you do that, most fans are not going to be able to justify spending the money to go out to the park.

There are reports the team's attendance is down 12 percent.

    Paul: To be able to not have that be generated hurts not just the Dodgers but the league overall -- television ratings, ticket sales, etc.

He says as baseball emerges from the economic downturn, it needs all the grand slams it can get.

I'm Jennifer Collins for Marketplace.
And, as their wealth increaseth, so inclose
    Infinite riches in a little room

Yo Mama

Quote from: "CrackSmokeRepublican"The NBA estimates that 60% of players go broke within five years of retiring, and according to a 2009 Sports Illustrated finding, 78% of NFL players could be classified as bankrupt or financially distressed, within two years of leaving the job.

I can't imagine why this would happen to all these great afletes.  Whatever could be the reason?  Hmm, I think "White racism" is probably the most likely explanation.   :D
Who Controls America?  http://thezog.wordpress.com/
Alex Jones Exposed: http://alexjonesexposed.wordpress.com/
Jesus Never Existed:  http://www.jesusneverexisted.com/
Facts are "Racist":  http://www.vanguardnewsnetwork.com/dojstats.htm
                            http://www.colorofcrime.com/colorofcrime2005.html

Ognir

If Americans stopped watching Talmud-vision and all these cissy sports, these guys would look for a job elsewhere

Nope

Talmud system

Stir the pot since the 50s  

remember we wanted color tv not that black and white shit  :D
Most zionists don't believe that God exists, but they do believe he promised them Palestine

- Ilan Pappe

Whaler

It's not just a black problem...although it tends to happen more to black athletes. Pro athletes never really learn to be a normal person. They live in a fantasy world until they in their 30's. Alot of them didn't go through enough real life experiences to make them well rounded people. They tend to have child hood friends/family/agents/business mangers that leach off of them. Like I said, it happens to black athletes more...but plenty of white athletes have had similar circumstances happen.


Tommy Morrison got aids in his prime from banging Las Vegas hookers without a condom...idiotic. Although he now says HIV is a fraud and he doesn't have it.
[youtube:592nj258]http://www.youtube.com/watch?v=16b-GJUoTK0[/youtube]592nj258]


Kevin Stevens grew up very close to me. I remember watching his high school games when I was like 4 or 5 year old.
Bob Probert and Kevin Stevens

QuoteStevens, meanwhile, was known for a deft touch around the net that helped him amass 329 career goals. But the talented winger fought a losing battle with alcohol, and on Jan. 22, 2000, his career sank to uncommon depths. After a game in St. Louis, police found Stevens in a seedy motel with a prostitute, her pimp, a bottle of Crown Royal, drug paraphernalia and the remnants of an eight-ball of crack. While his arrest was carried off without incident, the then New York Ranger didn't endear himself to his female companion. "I'm a crackhead, but he's a crack monster," the prostitute told police, complaining that she "couldn't get high, I was having to light his pipe so many times."

Read more: http://www.time.com/time/specials/packa ... z1M4vp0nAU

...but yeah, squandering millions of dollars or engaging in destructive behavior happens way too much to American Black athletes.


Darryl and Doc


QuoteThey were rare talents, and they knew it. In 1985 — only his second season in the majors — Dwight Gooden posted one of the best pitching campaigns in history, amassing 24 wins, a minuscule 1.53 ERA and 268 strikeouts. His 23-year-old teammate Darryl Strawberry jacked 29 home runs and was touted as a future Hall of Famer. (Asked several years ago how he stacked up against a new Mets phenom, Strawberry replied, "Are you kidding me? I was awesome.") The following season, the duo led the Mets to what the Shea faithful hoped would be the first of many world championships.

Yet both saw their careers derailed by drugs. Gooden opened the 1987 season in a substance-abuse center and was banned from the league during the 1995 season after twice testing positive for cocaine. Strawberry's career did not fare much better; it was pockmarked by crack and cocaine usage, prostitute solicitation and domestic violence.

Read more: http://www.time.com/time/specials/packa ... z1M4y2kM9C


This guy was a multi million dollar athlete 6 years ago. Now he's broke and has to play minor league basketball...and he's too old and slow to make an NBA team...pretty sad story actually.
[youtube:592nj258]http://www.youtube.com/watch?v=z296PxAzv4g[/youtube]592nj258]

Yo Mama

Hey, it's not the fault of these noble black afletes.  It's YT's fault.
Who Controls America?  http://thezog.wordpress.com/
Alex Jones Exposed: http://alexjonesexposed.wordpress.com/
Jesus Never Existed:  http://www.jesusneverexisted.com/
Facts are "Racist":  http://www.vanguardnewsnetwork.com/dojstats.htm
                            http://www.colorofcrime.com/colorofcrime2005.html