Tag: basketball player

Jayson Tatum had a longstanding relationship with the Boston Celtics

The Boston Celtics have successfully tied up their best player, Jayson Tatum, for a long time.

The home team of TD Garden has reached an agreement with Jayson Tatum to sign an extended contract of maximum value. According to prestigious journalist Adrian Wojnarowski, the extension contract “rookie max extension” has a term of 5 years and is worth $ 195 million.

This is the largest number Tatum can sign and it will keep the 1998-born player in Boston at least until 2025 (the last season will be Tatum’s choice under the Player Option terms). After a somewhat turbulent start, Jayson Tatum made a big leap in the past season (2019-20) when he became the Boston Celtics’ No. 1 star.

Jayson Tatum is a talented NBA star

The second half of the season was when Tatum played the most sublimation, reaching the level of a true superstar before entering the All-NBA lineup. Entering the Playoffs, the more Jayson hit the better. He averaged 25.7 points with 10.0 rebounds and 5.0 assists per game on the way to the East final in Boston.

Jayson Tatum is a talented NBA star

In the summer of 2019 when Kyrie Irving and Al Horford left, Jayson Tatum was forced to take on a larger role, carrying the Boston Celtics. Tatum’s frivolousness would have been a problem, but the 1998-born star didn’t have any problems being the team’s superstar.

With what has been shown, Jayson Tatum is evaluated by many experts to have a very large contract. Ultimately, he got it on after professional president Danny Ainge was awarded a “white check”.

Signing a contract worth 195 million dollars, Tatum will become the third player in the group of players selected at the NBA Draft 2017 to achieve this massive contract Rookie Max Extension.

The two previously signed are De’Aaron Fox and Donovan Mitchell with Sacramento Kings and Utah Jazz, respectively. Jayson Tatum after the All-Star season and becoming the No. 1 Boston Celtics star was well deserved. He has just agreed to a contract extension worth 195 million dollars in five years.

Tatum’s “fellow” Donovan Mitchell also received a similar offer from the Utah Jazz and agreed. Thus, two of the top 3 players in the top of the Rookie of The Year race in 2018 have been extended with a max contract.

The reason why more than half of NBA players went bankrupt (Part 2)

Allen Iverson is considered the most depraved basketball player in history when spending more than $ 150 million before bankruptcy.

Some players “grill” millions of dollars just for gambling. Former Dwyane Wade star is the latest case when he admitted to being at risk of bankruptcy because of playing poker in March 2020. This information surprised fans when they learned that Wade earned nearly $ 200 million in career salary.

Already familiar with the huge income of the competition, most players still maintain the profligate spending habits after retirement. This is a factor that makes many players financially quickly exhausted when spending more money than the income earned after retirement.

Basketball players who possess enormous wealth are considered a lucrative prey with many rogue parts in society. Allen Iverson has a team of about 50 friends when he still owns hundreds of millions of dollars. Iverson is ready to take care of all the expenses in the fun for his friends.

The 44-year-old former player is generous when giving homes and expensive items to friends when they need them. However, all the key friends left when Iverson declared bankruptcy in 2012. Not only Iverson, many players also fell into the same situation and quickly went bankrupt after a short time.

Wrong investment

Another factor contributing to many NBA players who do not play badly but still go bankrupt is the ability to make a bad investment. Most of the players later become more or less aware of the investment to maintain a rich life after retirement.

However, the lack of professional knowledge makes them easy to make losses and run out of money quickly. Most players don’t have a college degree because they started a basketball career at the age of under 21.

That’s why a financial advisor is what players need to help with their investment or simply to spend. However, the players are not keen on hiring a financial advisor for themselves.

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