Tag: professional basketball

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.

American basketball is determined to win the Olympic Games (Part 2)

Looking at the list of US squads, James, Curry, Anthony Davis, Leonard, Damian Lillard, Durant (if recovering from injury) are almost certainly in the first team. Other prominent stars like Kyrie Irving, Jimmy Butler, Russell Westbrook, Chris Paul, Paul George, Bradley Beal need to prove they are suitable in the way of playing the coach of Popovich.

ESPN mapped out the perfect team with Curry, Harden, James, Leonard and Davis. A fan commented: “It is impossible to imagine how strong these 5 players will be together.” This squad can be seen as a measure of the standards in modern basketball, from the ability to throw three points, break into the basket, play strength and organize defense.

Besides the “witch” of Popovich, the US captain seat also has Steve Kerr, the other talented coach of the Golden Stade Warriors. The US team brought to Japan true “heroic, strong” in basketball and the collective is obscuring the rest.

Who can challenge the US team?

The NBA basketball tournament is witnessing the rise of many non-US stars. From Giannis Antetokounmpo, Luka Doncic, Nikola Jovic, Joel Embiid, Ben Simmons. However, these stars are scattered among many teams, basketball is not just a game of one person and it is difficult to challenge the US team. Comprehensive, in-depth squad.

Antetokounmpo is the reigning MVP of the NBA, possessing quality of play that makes James and Leonard afraid. The player who is dubbed the “Greek God” will carry his teammates who are not equal to him. Like Antetokoumpo, Simmons must hold many responsibilities in Australia, similar to rising star Luka Doncic in Slovenia.

Spain, the 2019 World Cup basketball champion, is the most American opponent to be wary of. Spain has Ricky Rubio and Marc Gasol, 2 stars in the NBA. A number of ACB’s players (Spanish basketball league), such as Pau Ribas, Rudy Fernandez, have good quality. The USA and Spain have each played a dramatic final at the 2008 Olympic Games.

In the last Olympics, the US team met Serbia in the final and won quite easily. After 4 years, Basketball Serbia maintains the momentum of development, continues to be among the champion candidates.

The billion-dollar tournament is about to lose $ 700 million due to Covid-19

NBA tournament has discovered many new cases of Covid-19 virus.

Kevin Durant, superstar of the Brooklyn Nets Club and a former Best Player (MVP) of the American NBA professional basketball, announced his positive for Covid-19 virus along with three other teammates. He became one of the latest virus infections of this tournament.

The NBA was suspended indefinitely after the incident of Utah Jazz player Rudy Gobert infected with the Covid-19 virus. There have been new cases of infection in the tournament and it is worrying that even non-players can be contagious despite being in a quarantine state before.

Durant was absent from the NBA/20/20 season due to a serious injury and he occasionally appeared in Nets matches as spectators, sitting on the team’s bench to cheer for his team-mates. The last match Nets played was against Los Angeles Lakers on 10/3.

Durant said he is currently in good health and no signs of virus infection. “Everyone should be careful, take care of yourself and quarantine. We will soon overcome this pandemic” – Durant wrote for The Athletic.

Currently the Brooklyn Nets Club has not disclosed the names of three Durant teammates who were positive for the virus. Nets is urgently informing those who have contact with them to quarantine and contact health organizations for assistance.

The fact that Nets had 4 people infected with the virus and the last match was against the Lakers made the public worried that the Lakers also had the infected person, most notably the two stars LeBron James & Anthony Davis.

Currently in the NBA, there have been three players infected with the virus, including Rudy Gobert and Donovan Mitchell of Utah Jazz and Christian Wood of Detroit Pistons. US media said if the tournament found new positive cases in the coming days, the season could be canceled and the NBA risked 700 million dollars in television rights.

Powered by WordPress & Theme by Anders Norén