I’m a former NBA champion and earned over $100m – I lost it all and now work trying to stop young stars doing the same

ANTOINE Walker had it all when he retired.

But after two years removed from the NBA, the former champion filed for bankruptcy.

Antoine Walker played in the NBA for 12 seasons

Antoine Walker played in the NBA for 12 seasonsCredit: Getty

He was a three-time All-Star and averaged 17.5 points per game

He was a three-time All-Star and averaged 17.5 points per gameCredit: Getty
Walker, an NCAA champion and NBA title holder, was the No. 6 overall pick in the 1996 NBA Draft.

He became a three-time All-Star with the Boston Celtics, and he won an NBA title with the Miami Heat, Dwayne Wade, and Shaquille O’Neal in 2006.

The scoring flamethrower was a menace with the ball, averaging over 20 points per game in five seasons in the NBA.

During his 12 years in the association, Walker racked up over $100million in contract earnings.

However, in 2010, just two years after retiring from basketball, the NBA veteran announced he was bankrupt.

He explained how it all went wrong to USA Today, revealing: “That process of me playing in the NBA created a very expensive lifestyle for myself.

“I lived a very good lifestyle where I took care of not only myself, (but) my brothers and sisters. I was the oldest of six, so I watched my mom raise us by herself.

“I have two kids of my own… and I brought friends along on the journey as well. I ran with a group of friends, seven or eight of us that grew up in the same neighborhood.

“I kind of took them on this journey with me throughout the NBA and made sure that they enjoyed the fruits of my labor too.

“In the process of taking care of (friends and family) and myself and creating a lifestyle for myself, seven years into my career I decided I wanted to venture off into real estate.

“Eventually, four years down the line, it ended up going bad.

“Recession hit, 2007, 2008… The downfall, the mistake that I made, was being the personal guarantor of the real estate company and putting up my personal financial portfolio in order to get these loans and this money.”

Now, after realizing his mistakes, he looks to prevent others from repeating his same fault.

Walker serves as a legal consultant to Morgan Stanley Global Sports and Entertainment.

In 2014, the former All-Rookie helped launch a financial education program introduced to guide young athletes down the right path and prevent them from the same perils Walker had to endure.

The now 47-year-old is also a basketball analyst on TV in his spare time, too.

Related Posts

Happy birthday Offset – Cardi B gave him Rolex and Rolls Royce Wraith watch for mιllιons of dоllars

In the world of hip-hop power couples, Cardi B and Offset are undoubtedly a force to be reckoned with. Their love story is a whirlwind of romance,…

Cardi B the catwalk queen! Rapper make runway debut in blue fur coat at Balenciaga show with Kim Kardashian and Nicole Kidman sitting front row… a year after luxury brand faced massive backlash over controversial child ad campaign

Cardi B made a show-stopping runway debut at the Balenciaga Fall 2024 fashion show on Saturday. The rapper, 31, modeled a bright blue fur coat as she strutted down South…

Kim Kardashian Calls Kanye West Her ‘King’ as She Celebrates His 43rd Birthday

“Life wouldn’t be the same without you!” the mother of four added in her birthday tribute Kim Kardashian West, Kanye West. PHOTO: KIM KARDASHIAN/INSTAGRAM Kim Kardashian West has a…

After receiving a pair of extremely rare Jordan sneakers from DJ Khaled as a surprise gift for his new music project, Kanye West broke down in tears

Over the past few days, DJ Khaled and Kanye West have been collaborating on new songs at the producer’s opulent Miami residence. Khaled surprised the rap mogul by…

Presenting Dj Khaled with an uncommon Rolls-Royce Cullinan supercar as a gesture of friendship and best wishes for their upcoming musical project, Kanye West

Francis Ngannou Received A Rolls-Royce Boat Tail From Mike Tyson As A Gift, Which Took The Whole World By Surprise After His Disciple’s Victory In The UFC…

Besides the rumors of Dr. Dre teamed up with Kanye West This rapper just moved into a new $40M mansion

At the Sᴜреr Bowl halftime performance, Dr. Dre performed with rapper Eminem, hip-hop artist Snoop Dog, Kendrick Lamar, Mary J. Blige, and special guest 50 Cent. Dr….

Leave a Reply

Your email address will not be published. Required fields are marked *