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Is All That “Bling-Bling” Really Worth It?

Published by on May 5, 2009
Article Source: Bleacher Report - NBA

With the NFL Draft having just occurred, and the NBA draft fast approaching, I had an interesting epiphany:

 

I've heard Shaq on several occasions say that as a rookie he was advised to save/invest his NBA salary for post-NBA life.  He was counseled that he could live entirely off of his endorsement money.

 

Conservatively, Shaq has earned $270-300 million in total salary to date.  From his rookie year through the turn of the century, when the economy was doing exceptionally well for investors specifically, he earned about $50 million in salary alone! ...

Read Complete Article at Bleacher Report - NBA
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