Yeen80 Posted May 20, 2011 Share Posted May 20, 2011 I also think Carlos is just whining about not having any money to feed his family and that he wants a new contract Link to comment Share on other sites More sharing options...
Passepartout Posted May 20, 2011 Share Posted May 20, 2011 For someone that kind of knows what these people have been through. Though thank goodness I don't have millions or would be worst off with it. And plus would be in even more debt. It is indeed lifestyle. But how and what you do with it. Is up to you. As you need to find a financial planner somewhere and some advice from that planner. Plus save money in a bank that can never be touched. Among many things in order so that you don't have to spend, spend, spend. Save some up for your family, yourself. Also the NFL doesn't last long as the player's years in the league, to say to least is about five years. So think of plan B, which is find a job that you hopefully like. And think of a background plan because the NFL won't last forever. That is what players forget about. Plan B should always be in the back of your mind. Among the advice given. The beginning of it. Link to comment Share on other sites More sharing options...
dsciambi Posted May 20, 2011 Share Posted May 20, 2011 I don't see how you can't just live off the interest from his signing bonus. But then again, I don't own 5 homes... Link to comment Share on other sites More sharing options...
NewCliche21 Posted May 20, 2011 Share Posted May 20, 2011 It's easy to criticize Rogers but 90% of the people in this thread are "in debt." What do you think that mortgage and credit card bills are?Carlos was expecting a payday that didn't come last season so while it's still not financially responsible its easy to see how he could have misjudged his earnings. Errrr, slightly different for the lower, lower-middle, middle, and upper-middle classes. I don't know anyone who still has a home that has made a misjudgment of that magnitude. Debt is spending money that you don't have; taking out a mortgage, unless you don't keep up with it, is an investment. A credit card, as long as it's kept up with, is also fine. Spending money that you don't have or money that you expect to earn is just stupid. However, for many in Carlos's culture, well, that's how they perceive the world. Growing up with money, cash, hos with ice and bling plastered everywhere and "Cribs", combined with other social expectations and his youth, is how people end up in these situations. Link to comment Share on other sites More sharing options...
RabidFan Posted May 20, 2011 Share Posted May 20, 2011 4yrs, 12mil is what he's worth. Link to comment Share on other sites More sharing options...
Leonard Washington Posted May 20, 2011 Share Posted May 20, 2011 It must be bad for this fool to publicly state it. Link to comment Share on other sites More sharing options...
SnyderShrugged Posted May 20, 2011 Share Posted May 20, 2011 probably he spends more than he earns. Link to comment Share on other sites More sharing options...
00Dirty30 Posted May 20, 2011 Share Posted May 20, 2011 i actually know Clos personally and yeah he's in debt like every other american and its not like he doesn't have assets he could liquidate the man owns 4 houses he invests his money so before you go ripping him a new one do some god damn homework ---------- Post added May-20th-2011 at 11:57 AM ---------- However, for many in Carlos's culture, well, that's how they perceive the world. Growing up with money, cash, hos with ice and bling plastered everywhere and "Cribs", combined with other social expectations and his youth, is how people end up in these situations. jesus christ you might as well have dropped the n bomb 50 times.....how can you even think that it would be ok to post that. Link to comment Share on other sites More sharing options...
capcrunch98 Posted May 20, 2011 Author Share Posted May 20, 2011 i actually know Clos personally and yeah he's in debt like every other american and its not like he doesn't have assets he could liquidate the man owns 4 houses he invests his money so before you go ripping him a new one do some god damn homework If he owns 4 houses, why doesn't he pick one to live in instead of squatting at Jason Campbell's home ala Kato Kaelin? Link to comment Share on other sites More sharing options...
00Dirty30 Posted May 20, 2011 Share Posted May 20, 2011 If he owns 4 houses, why doesn't he pick one to live in instead of squatting at Jason Campbell's home ala Kato Kaelin? BMW lived with chris samuels and owned houses whats your point? maybe he's working out with JC? no one knows the whole story so why try and bash the guy? to make yourselves feel better i guess... Link to comment Share on other sites More sharing options...
JPCreativelab Posted May 20, 2011 Share Posted May 20, 2011 BMW lived with chris samuels and owned houses whats your point?maybe he's working out with JC? no one knows the whole story so why try and bash the guy? to make yourselves feel better i guess... so if you know him, do you know why he was at JC's house? Link to comment Share on other sites More sharing options...
Laxpunk2006 Posted May 20, 2011 Share Posted May 20, 2011 Errrr, slightly different for the lower, lower-middle, middle, and upper-middle classes. I don't know anyone who still has a home that has made a misjudgment of that magnitude. Debt is spending money that you don't have; taking out a mortgage, unless you don't keep up with it, is an investment. A credit card, as long as it's kept up with, is also fine. Spending money that you don't have or money that you expect to earn is just stupid.However, for many in Carlos's culture, well, that's how they perceive the world. Growing up with money, cash, hos with ice and bling plastered everywhere and "Cribs", combined with other social expectations and his youth, is how people end up in these situations. How is a mortgage or credit card balance not "spending money that you don't have or money that you expect to earn"? Not all homes are investments I would even say many are not. People take out mortgages because they expect to make make to continue paying for it. If they had the money upfront they probably wouldn't be taking out a mortgage or at least not the size of which many people do. Surely it's different for lower/middle class than it is for elite athletes with contracts to back it up but we "normal" people also don't have the same expenses. We don't have extended family hitting us up for money. Or friends doing the same thing. Sure it's real easy to say "I wouldn't have have trouble saying no to them" compared to actually having a $1,000,000+ and having the people that supported you your whole life asking for help. It's irresponsible and stupid to be broke after signing a first round pick's contract but it's not as simple as some of you would like to believe. Link to comment Share on other sites More sharing options...
Taylor 36 Posted May 20, 2011 Share Posted May 20, 2011 i actually know Clos personally and yeah he's in debt like every other american and its not like he doesn't have assets he could liquidate the man owns 4 houses he invests his money so before you go ripping him a new one do some god damn homework Interesting. You tell us to do homework on another man's finances? Right!!! That is just as plausible as you being a personal friend of Carlos Rogers. (BTW, just because you own seven of his jerseys and have his poster hanging in your bedroom does not make him your personal friend.) As to being in debt like every other American, that is more BS from you. Every American does not have the chance and privilege to start off their adult life with a guarenteed seven figure contract. Yet, some how, most Americans, even in these rough times, find away to live within their means for their entire lives with incomes that are a fraction of what Los has made in the past six years. The man would not be living in the basement of another players house if he had serious assets to use. Period.---------- Post added May-20th-2011 at 11:57 AM ---------- jesus christ you might as well have dropped the n bomb 50 times.....how can you even think that it would be ok to post that. You are the one who is completely out of line here. He did not say anything RACIAL at all. He was speaking about a culture that is real and evident in the American society today. Now, try doing a little homework before coming on here and making racial posts of your own and appearing like an ignorant ass. Link to comment Share on other sites More sharing options...
SoCalSkinsFan1975 Posted May 20, 2011 Share Posted May 20, 2011 I read the Hogs Haven article which noted that Carlos Rogers is in debt and living with Jason Campbell, and on the Junkies this morning the number he casually threw out there for signing bonus (based on what he views as contracts recently received by comparable CBs) is $20 million.I know lots of former NFL players are struggling financially, and of course you always hear about lottery winners who go broke within a few years of hitting the jackpot. But I haven't heard too much about current players, who are still drawing million dollar salaries, being in debt. How could these guys piss away all that money in such a shirt period of time? Is it extravagant purchases? Trophy girlfriends and hanger-on pals? Do they get involved in business transactions they don't understand? Maybe a combination of it all? Sorry for the vague and maybe naive question, but I just don't get it. The answer is... yes, or all the above. The kids get handed millions of dollars at a young age and are more concerned about impressing their friends than planning for and securing a future for themselves and their families. It is the M.C. Hammer story all over again... except without the gigantic pants! LOL! Link to comment Share on other sites More sharing options...
zoony Posted May 20, 2011 Share Posted May 20, 2011 jesus christ you might as well have dropped the n bomb 50 times.....how can you even think that it would be ok to post that. You should stop right there. If you think his comments are out of line, say so. Please do not throw around comparisons to blatant racism, as it diminishes what blatant racism actually is. Link to comment Share on other sites More sharing options...
The Full Monty Posted May 20, 2011 Share Posted May 20, 2011 You're probably right. Unless he got swindled in a Bernie Madoff-type scheme, he likely has nobody to blame but himself.The Hogs Haven article says it is "well-known" that he has money problems. That to me says he is probably constantly spotted around town (at expensive clubs, strip joints, etc.) throwing around a lot of money. I've posted this in other threads, but I personally know people who can attest to the fact that Carlos Rogers likes to go out and party, that he flies girls in from all over the country to see him, rents a limo to go out on the town, and he will stay out on Saturdays before games. He's been doing this since he was a rookie. This is how he's lost so much of his money. It's not the only reason, but it's a big reason. Link to comment Share on other sites More sharing options...
capcrunch98 Posted May 20, 2011 Author Share Posted May 20, 2011 I've posted this in other threads, but I personally know people who can attest to the fact that Carlos Rogers likes to go out and party, that he flies girls in from all over the country to see him, rents a limo to go out on the town, and he will stay out on Saturdays before games. He's been doing this since he was a rookie. This is how he's lost so much of his money. It's not the only reason, but it's a big reason. Wow, thanks for the info. The guy is young, rich, and successful. I am all for him enjoying it, but it sounds like his head is in the wrong place. I've read about pro boxers who are so committed to their training they abstain from sex for months before their fight. Compare this to Carlos Rogers, who can't even forgo partying for 16 weekends per year when he has a game on Sunday. Maybe this accounts for the difference between the slightly above-average corner he is, versus the all-pro corner he thinks he is. What girls does he fly in from around the country? Are these girls that he knows, or high-dollar escorts? Enjoy the ride, Carlos, it doesn't last forever. Link to comment Share on other sites More sharing options...
More Complete Posted May 20, 2011 Share Posted May 20, 2011 I remember back when Gibbs was coach and they had some local inside the Redskins weekend show and Carlos was interviewed by Fred Smoot. One of Smooty’s questions was “What’s something about you that most people don’t know?” Carlos answered “That I have money”. I thought it was a really weird answer. If someone knows you are a professional football player, they are going to assume you have some money. Perhaps he meant people who don’t know who he is. In any case, it seems showing everyone that he has money has left him without any. Link to comment Share on other sites More sharing options...
Pick6 Posted May 20, 2011 Share Posted May 20, 2011 Did he address the "broke" comments in the interview? No, the Junkies didn't bring it up. They did say after that he has been foreclosed on two of homes in Atlanta. Link to comment Share on other sites More sharing options...
HOF44 Posted May 20, 2011 Share Posted May 20, 2011 A Washington Post article detailing some of his money troubles. Redskins' Carlos Rogers says financial problems are in the past Link to comment Share on other sites More sharing options...
SirClintonPortis Posted May 20, 2011 Share Posted May 20, 2011 I've posted this in other threads, but I personally know people who can attest to the fact that Carlos Rogers likes to go out and party, that he flies girls in from all over the country to see him, rents a limo to go out on the town, and he will stay out on Saturdays before games. He's been doing this since he was a rookie. This is how he's lost so much of his money. It's not the only reason, but it's a big reason. Hmmm, and maybe this is part of the reason why his performance on the field has suffered for the past couple of years. 2008 was his best performance so far, and I suspect that the stringent rehab reigment is what give him some focus. But once he was all patched up, it's back to the "old" business. Link to comment Share on other sites More sharing options...
illone Posted May 20, 2011 Share Posted May 20, 2011 Chris Rock said it best. "Wealth you can not get rid of. However if your just rich than you can lose all your money with a bad cocaine problem over a weekend in Vegas. Shaq is rich. The family that owns the color blue is Wealthy!" The guy who writes Shaq's checks, now THAT guy is wealthy. Link to comment Share on other sites More sharing options...
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