Antoine Walker Living The High Life

And now laid low. The Globe does a good job of giving some perspective on how someone can basically blow a fortune:

Financial advisers often caution professional athletes to look at the big numbers on their contracts and subtract half for taxes. That rough math would have left Walker with approximately $55 million in career earnings to spend. NBA agents and players contacted for this article say an annual "burn rate'' of $2 million to $4 million isn't unusual for the living expenses of an elite player. With Walker's taste for the finer things, former teammates suspect he fell on the higher end of the scale. In the 10 years since his first max-contract, that could account for about $40 million of Walker's total wealth.

Follow the link for the sad details.

Presented by

Ta-Nehisi Coates is a national correspondent at The Atlantic, where he writes about culture, politics, and social issues. He is the author of the memoir The Beautiful Struggle.

The Best 71-Second Animation You'll Watch Today

A rock monster tries to save a village from destruction.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

The Best 71-Second Animation You'll Watch Today

A rock monster tries to save a village from destruction.

Video

The Case for Napping at Work

Most Americans don't get enough sleep. More and more employers are trying to help address that.

Video

A Four-Dimensional Tour of Boston

In this groundbreaking video, time moves at multiple speeds within a single frame.

Video

Who Made Pop Music So Repetitive? You Did.

If pop music is too homogenous, that's because listeners want it that way.

Video

Stunning GoPro Footage of a Wildfire

In the field with America’s elite Native American firefighting crew

More in Entertainment

From This Author

Just In