Cooooley47 Posted May 8, 2012 Share Posted May 8, 2012 I never hated a player on the field more than this guy, but its crazy to me that someone can make so much and have so little when his career is over. Oh well. http://content.usatoday.com/communities/gameon/post/2012/05/terrell-owens-to-face-deadbeat-dad-issue-on-dr-phil/1#.T6iOBfWiZEN Link to comment Share on other sites More sharing options...
Hitman21ST Posted May 8, 2012 Share Posted May 8, 2012 Just some friendly advice, you might want to change the title, the article has very little to do with him being broke (and include a source in it). Back OT, it is ridiculous how quickly that much money goes away. Too many people just with "yes men". They need to get some people to talk sense into how to use their money. Hell, they could put $5 million in the bank and just live off the interest (probably less, but I wanted to go with a safer number) Link to comment Share on other sites More sharing options...
Ghost of Posted May 8, 2012 Share Posted May 8, 2012 Just some friendly advice, you might want to change the title, the article has very little to do with him being broke (and include a source in it).Back OT, it is ridiculous how quickly that much money goes away. Too many people just with "yes men". They need to get some people to talk sense into how to use their money. Hell, they could put $5 million in the bank and just live off the interest (probably less, but I wanted to go with a safer number) I heard that someone near Iverson (accountant?friend?) actually put aside money that pays him an annuity of a fairly decent sum, so that he will never (maybe when really old) be totally broke. That's about the only way to avoid being truly broke and separate out some of that money so you have SOMEthing. But it is odd to lose that much, even with child support, you should be swimming in cash. I hear accountants blamed but at some point, maybe you just need to go to an old fashioned bank, sit down with someone and at least have some of your money set aside from unscrupulous 'financial managers'. Link to comment Share on other sites More sharing options...
CrypticVillain Posted May 8, 2012 Share Posted May 8, 2012 My mother told me he is going to be on Dr.Phil today with his three baby mommas.... I am guessing it is a paid appearance. Link to comment Share on other sites More sharing options...
Califan007 The Constipated Posted May 8, 2012 Share Posted May 8, 2012 He's been broke for years...this same topic was in the media a few times over the last few years. It's one reason he had a reality show. Link to comment Share on other sites More sharing options...
RonArtest15 Posted May 8, 2012 Share Posted May 8, 2012 I heard that someone near Iverson (accountant?friend?) actually put aside money that pays him an annuity of a fairly decent sum, so that he will never (maybe when really old) be totally broke. That's about the only way to avoid being truly broke and separate out some of that money so you have SOMEthing.But it is odd to lose that much, even with child support, you should be swimming in cash. I hear accountants blamed but at some point, maybe you just need to go to an old fashioned bank, sit down with someone and at least have some of your money set aside from unscrupulous 'financial managers'. You're right about Iverson...he's got millions in the bank that he can't touch until later in his life. In addition, he has a lifetime deal w/ Reebok. Link to comment Share on other sites More sharing options...
RFKFedEx Posted May 8, 2012 Share Posted May 8, 2012 Surely we'll hear about Portis next. He bought a few mansions in Mclean, VA at the height of the mid 2000s frenzy. CP had large posses living in the houses while he was with the Skins. Can't imagine there's much $ left if Clinton's talking about a comeback in 2012. *info obtained from: real estate agents, pizza delivery guys, and contractors who performed work in Clinton's houses. Link to comment Share on other sites More sharing options...
sideshow24 Posted May 8, 2012 Share Posted May 8, 2012 I heard that someone near Iverson (accountant?friend?) actually put aside money that pays him an annuity of a fairly decent sum, so that he will never (maybe when really old) be totally broke. That's about the only way to avoid being truly broke and separate out some of that money so you have SOMEthing.. Until he realizes that he has a structured settlement and he needs cash NOW. Link to comment Share on other sites More sharing options...
roanoker Posted May 8, 2012 Share Posted May 8, 2012 Sniff, sniff, maybe his "quarterback", Romo sits to pee will help him out. Link to comment Share on other sites More sharing options...
The Full Monty Posted May 9, 2012 Share Posted May 9, 2012 Yea well, for some perspective, in the end nothing is more outrageous than the money that Mike Tyson blew through and wasted on his way to bankruptcy. TO's fortune was nothing compared to what Iron Mike earned in his career. What was it like $300 million that he wasted? And I don't buy that whole "Don King swindled him" thing, everyone knew what Don King was, that counts as waste. Link to comment Share on other sites More sharing options...
Hunter_R Posted May 9, 2012 Share Posted May 9, 2012 Don't forget that he had some monstrous child support payments. It's stupid that the courts just let the women take an amount that was based on what he used to make. It was going to dry him out extremely quickly. Link to comment Share on other sites More sharing options...
Ghost of Posted May 9, 2012 Share Posted May 9, 2012 Don't forget that he had some monstrous child support payments. It's stupid that the courts just let the women take an amount that was based on what he used to make. It was going to dry him out extremely quickly. It's stealth...well, not even alimony since that would require a marriage. But yes, there should be a middle-class maintenance level and not based on making the kid (and mom) rich because the father is rich. If it were that important to have the father's income, you could always wait until marriage and then have a man who had the resolve to wait and showed that commitment. Why do that when the State will just give you a "I ****ed an athlete" lottery ticket. Odd how few choose to get abortions when these women all probably had one too. Guess the other dude wasn't rich. Link to comment Share on other sites More sharing options...
Hitman21ST Posted May 9, 2012 Share Posted May 9, 2012 It's stealth...well, not even alimony since that would require a marriage. But yes, there should be a middle-class maintenance level and not based on making the kid (and mom) rich because the father is rich. If it were that important to have the father's income, you could always wait until marriage and then have a man who had the resolve to wait and showed that commitment. Why do that when the State will just give you a "I ****ed an athlete" lottery ticket. Odd how few choose to get abortions when these women all probably had one too. Guess the other dude wasn't rich. As much as I agree, GoNP, I'm going to stay out of that talk... :munchout: Link to comment Share on other sites More sharing options...
zoony Posted May 9, 2012 Share Posted May 9, 2012 It's stealth...well, not even alimony since that would require a marriage. But yes, there should be a middle-class maintenance level and not based on making the kid (and mom) rich because the father is rich. If it were that important to have the father's income, you could always wait until marriage and then have a man who had the resolve to wait and showed that commitment. Why do that when the State will just give you a "I ****ed an athlete" lottery ticket. Odd how few choose to get abortions when these women all probably had one too. Guess the other dude wasn't rich. Or, maybe TO could stop screwing gold-digging skanks? Just a thought. Link to comment Share on other sites More sharing options...
Ghost of Posted May 9, 2012 Share Posted May 9, 2012 Or, maybe TO could stop screwing gold-digging skanks? Just a thought. Women are the gatekeepers. You know this. What they say goes if you want to sexual union with them. And it's clear what these particular women value and what/who empowers them to their ends. (and of course he could be wiser but even if he were 'wise' he could still end up in the same spot as many men who were married have found out.) Link to comment Share on other sites More sharing options...
onedrop Posted May 9, 2012 Share Posted May 9, 2012 too bad. the fool should have realized football, and thereby football paychecks, wouldnt last forever. my advice, stop publicly crying about your own stupidity and get a job. Link to comment Share on other sites More sharing options...
Audible_Red40 Posted May 9, 2012 Share Posted May 9, 2012 Just not so long ago Terrell had 25 million reasons why he should be alive Link to comment Share on other sites More sharing options...
Tom [Giants fan] Posted May 9, 2012 Share Posted May 9, 2012 Does this mean he can't afford popcorn? Link to comment Share on other sites More sharing options...
Ghost of Posted May 9, 2012 Share Posted May 9, 2012 ;8979384']Does this mean he can't afford popcorn? He goes to bars to get free popcorn. Link to comment Share on other sites More sharing options...
willyt Posted May 9, 2012 Share Posted May 9, 2012 OK I'll be the first....."Good...****'em!!" Link to comment Share on other sites More sharing options...
Hitman21ST Posted May 9, 2012 Share Posted May 9, 2012 OK I'll be the first....."Good...****'em!!" Why is it a good thing that someone is broke? I understand you didn't like the player, but to wish ill on him post football is a little too vindictive... Link to comment Share on other sites More sharing options...
SpacePenguin Posted May 9, 2012 Share Posted May 9, 2012 Why is it a good thing that someone is broke? I understand you didn't like the player, but to wish ill on him post football is a little too vindictive... Empathy is not valued very highly in this society anymore. It's been replaced with personal isolation. If you're seperate from almost every other human, it's fairly easy to rationalize laughing at their misfortunes, and convince yourself it could never happen to you. You could call it the banker's disease. That being said, it's not like TO is blameless in this...and he's probably had a pretty fun life up til now, so I can understand the sentiment. Link to comment Share on other sites More sharing options...
alleycat Posted May 9, 2012 Share Posted May 9, 2012 Don't forget that he had some monstrous child support payments. It's stupid that the courts just let the women take an amount that was based on what he used to make. It was going to dry him out extremely quickly. At 20k a month for 18 years x 3 kids...It is just under 13 million. He made 80 mill (From the NFL) So...He had 67 million left over to scrape by. Link to comment Share on other sites More sharing options...
Mr. Sinister Posted May 9, 2012 Share Posted May 9, 2012 Why is it a good thing that someone is broke? I understand you didn't like the player, but to wish ill on him post football is a little too vindictive... Empathy is not valued very highly in this society anymore. It's been replaced with personal isolation.If you're seperate from almost every other human, it's fairly easy to rationalize laughing at their misfortunes, and convince yourself it could never happen to you. You could call it the banker's disease. That being said, it's not like TO is blameless in this...and he's probably had a pretty fun life up til now, so I can understand the sentiment. Agreed. Though he put himself in this situation, I won't jump for joy over it, and certainly wouldn't wish it on anyone else. Maybe I'd've done it if I was 13-16, but now as I've gotten older, I've realized that **** happens, basically, and no one is invincible, and everyone goes through rough times. I'm also able to separate how I feel about a player, from how I feel about that player as a human being. There is a big difference between not feeling very sorry for someone, and saying **** them, they deserve it. Link to comment Share on other sites More sharing options...
ExoDus84 Posted May 10, 2012 Share Posted May 10, 2012 I have zero sympathy for people who make that much money and piss it away. I'll never see a small fraction of that, but I know I could live well on $50k per year. This clown blows $80 million in a matter of a couple years? Give me a break. He deserves to live in poverty. Link to comment Share on other sites More sharing options...
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