Why athletes go broke

New York Knicks' Eddy Curry ordered to pay $1.2 million debt - ESPN New York

What a joke.

Wow. What an idiot. How do you have an $11,000 cable and satellite service bill? Does he get every channel in all languages or something?

I don't get how.... If hes making 10.5 mil at least...per year, how could he screw that up? and get 1.2 in debt? Must be fun.

They might as well require nba players to spend 4 years in college to prevent this kind of stuff.

I remember Greeney from Espn's Mike&Mike say that during the recession one athlete said he had to "sell one of his 4 cars to pay his mortgage." You got to be kidding me right?

Just from what I have seen I think Al Harris will be struggling in the future after football. too many cars and jewelry.

Wow you have all that money, how can you go broke? XD

Well seeing Eddy Curry Rides the Bench so much, it's not surprising he's watching a lot of TV, The NBA salary system is all messed up, let's hope the new NFL CBA isnt like the NBA one... on topic though, a lot of these Athletes have poor influences around them, or came from poor circumstances and don't have the right people around them to control that kind of money. You give the average guy off the street 10 million dollars and he could spend it pretty quick, but could he invest most of it?

I don't know. To make 10 million dollars a year and still be worried about making ends meet, yikes. I don't think 4 years in college could fix that. He might need to do the 3rd grade over again. Long addition, subtraction, multiplication, and division sounds to be his troubles. Trig and calc seem to be a bit over his head still, lol.