A former NBA player who did NOT screw up his finances.

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Jimzz

Jimzz

Diamond Member
Oct 23, 2012
4,399
190
106
"Turns out that NBA veterans aren't provided health insurance by the league"

That was going to be a question for me; but thats weird its not.
 
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Vdubchaos

Lifer
Nov 11, 2009
10,408
10
0
Good for him. Smart man!

I plan on working my entire life as well. I just can't sit around the house/idle or even do hobbies for too long. I need something on the side to keep me busy.
 
waggy

waggy

No Lifer
Dec 14, 2000
68,143
10
81
good. it get's tiring hearing so many negative stories about players.
 
SheHateMe

SheHateMe

Diamond Member
Jul 21, 2012
7,251
20
81
He sounded like he was dick when he was in the NBA though. I read the article and then looked a little more about him not being able to "stay in one place too long" and leaving teams "steamming".


But, he has brains. He saved his money and is working so he doesn't get all stiff and stuff counting his money at his house and for Health insurance.


But damn...14K a year. Is that below the poverty line? How can someone live on that?
 
A

Anonemous

Diamond Member
May 19, 2003
7,361
1
71
Wow, that's a pretty sweet gig if you are retired and don't have $ for health care. Didn't know crossing guards were part time and get HEALTH INSURANCE. That's at least 1-2K per month savings there depending on their medical conditions.
 
E

Exterous

Super Moderator
Jun 20, 2006
20,568
3,760
126
The greatest 6-foot-5 post player in the history of the NBA
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I wasn't aware we were getting that specific.

Good to see that he didn't squander his wealth so big props to him for that.

Not sure about the full health coverage/benefits for 1 hour of work a day though...
 
waggy

waggy

No Lifer
Dec 14, 2000
68,143
10
81
Train said:
14k a year for what is essentially 1 hour of work a day. And full medical bennies.

GREAT gig for retired people.
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and if you have millions in the bank? like the article said he only does it for the insurance.

great gig if you just need insurance.
 
twinrider1

twinrider1

Diamond Member
Sep 28, 2003
4,096
64
91
magicjohnson.jpg
 
A

Anonemous

Diamond Member
May 19, 2003
7,361
1
71
HopJokey said:
How much would insurance cost?
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Depends on your conditions (stay healthy or die young) but when you get older typical average costs can be around 1-2K/month per person so you better hope you either saved enough, get a job till you're 70, or medicare is still around...
 
Red Storm

Red Storm

Lifer
Oct 2, 2005
14,233
234
106
If we're only talking a couple of million then what he did is fine, that's not really all that much over the course of a lifetime.

If I was a superstar athlete though, you can sure as hell bet when I retire I'm done working and will live the rest of my life job free and doing shit I love.
 
clamum

clamum

Lifer
Feb 13, 2003
26,256
406
126
SheHateMe said:
He sounded like he was dick when he was in the NBA though. I read the article and then looked a little more about him not being able to "stay in one place too long" and leaving teams "steamming".


But, he has brains. He saved his money and is working so he doesn't get all stiff and stuff counting his money at his house and for Health insurance.


But damn...14K a year. Is that below the poverty line? How can someone live on that?
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Yep, poverty line is defined in the US as about $23,000 a year. It would be pretty hard to live on $14,000 a year, but this is meant as a part-time job. Dudley is just taking it as a side job and to get health insurance coverage, he doesn't need the money.
 
Svnla

Svnla

Lifer
Nov 10, 2003
17,986
1,388
126
Good for him. Wish more people, not just NBA players, are frugal and save more for the rainy days.

I remember his playing days in Dallas. Not great but not a bad player skillwise.

I will have to check the local schoolboard if they have full health cover for crossing guards.
 
Mermaidman

Mermaidman

Diamond Member
Sep 4, 2003
7,987
93
91
Svnla said:
I remember his playing days in Dallas. Not great but not a bad player skillwise.
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I "hated" him. Past his prime when he joined the Mavs, and Dallas started its decline into the Abyss. Not blaming him, of course, team's management was focusing on band-aid fixes instead of looking long-term. And Roy Tarpley didn't help things.
 
Svnla

Svnla

Lifer
Nov 10, 2003
17,986
1,388
126
Mermaidman said:
I "hated" him. Past his prime when he joined the Mavs, and Dallas started its decline into the Abyss. Not blaming him, of course, team's management was focusing on band-aid fixes instead of looking long-term. And Roy Tarpley didn't help things.
Click to expand...

Goodness. Don't let me start with Tarpley. Talk about full of potential but wasting it all away. :'(
 
Thump553

Thump553

Lifer
Jun 2, 2000
12,837
2,622
136
I know diddly about professional sports figures but reading that article I saw a lot to like and admire in that guy. I bet a lot of the hatred towards him was because he didn't fit in with the wastrel life style of much of the rest of the team.
 
C

Childs

Lifer
Jul 9, 2000
11,313
7
81
I remember watching him play. He always seemed very slow and methodical. Couldnt jump more than 6", but he had this step away jumper that was unstoppable.

That bit about Frank Laden fining him $3 and making him pay it in dimes is funny. I bet AD had the $3 in pennies, nickels or dimes, so it wouldnt have even made him go to the bank. :biggrin:
 
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